Alma, MI

Buyer's market+1.7% YoY

Housing market overview · Updated weekly

$124,000median sale price

Homes sold

9

Last 12 weeks

Days on market

71

Average pace

Active listings

38

4.2 months supply

Sale-to-list

91.8%

Below asking

The Alma housing market is currently classified as a buyer's market with a median sale price of $124,000. Prices have risen 1.7% compared to last year, with homes spending an average of 71 days on market, indicating 4.2 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Alma

There are currently 38 homes listed for sale in Alma, Michigan. The median listing price is $150K.

Active listings

38

Homes on market

Median list price

$150K

Avg. days on market

71

Days until sale

New this week

12

Newly listed

Price drops:23.7%of listings
Sale-to-list:91.8%

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Frequently asked questions

What is the average home price in Alma?

The median home sale price in Alma is $124,000, up 1.7% from last year.

How long do homes stay on market in Alma?

Homes typically spend 71 days on market before going under contract.

Is Alma a buyer's or seller's market?

With 4.2 months of supply, Alma is currently a buyer's market.

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