Market Intelligence Report — MI-940
Alma, MI
Monthly housing intelligence, market trends, and trusted local expertise.
Ref. No: 2026-MI-05
Updated: May 2026
Updated: May 2026
Median Listing
$222K
+16.2% YOY
Pending Ratio
0.58
-14.8% YOY
Active Inventory
74
+25.4% YOY
Median DOM
48 Days
+5.6% YOY
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Market Signals & Indicators
Supply Dynamics
74 active listings represent the current floor, with new supply arriving at roughly 40 per month.
Pricing Pressure
16.5%
of active listings carry a price reduction, -4.7% from prior period.
$/Sq Ft
$0K
Median price per square foot has moved +11.1% year-over-year.
Absorption
0.58
Pending-to-active ratio — supply and demand dynamics are mixed.
Metro Demographics
Metro Area
Alma, MI
CBSA Code
10940
State
MI