Market Intelligence Report — MI-940

Alma, MI

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MI-08
As of the latest 2026 data
Accelerated

Median Listing

$225K
-1.9% YoY

Pending Ratio

0.65
+4.8% YoY

Active Inventory

78
+18.2% YoY

Median DOM

52 Days
+39.2% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's accelerated Alma market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Alma, MI.

Free ReportNo Sign-up~60 Seconds

The Alma, MI metro area is currently in an Accelerated market condition, evidenced by a pending ratio of 0.65. This ratio reflects a year-over-year increase of 4.8%, signaling strengthening demand absorption despite an expansion in active listings.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Alma market right now.

Active listings have expanded by 18.2% over the past year, reaching 78 properties. Concurrently, new listings saw a 20.0% increase year-over-year. The median listing price declined by 1.9% compared to the prior year, despite a month-over-month increase of 17.5%, while the median price per square foot saw a 6.3% increase over the past year. Median days on market extended by 39.2% year-over-year, to 52 days.

Historical Analysis

Market Trends

Median Price

$225K+17.5% MoM

Active Inventory

78+18.2% YoY

Days on Market

52+39.2% YoY

Sold Score™

68+4.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

68
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market dynamics suggest a heightened pace of demand absorption relative to available inventory. While active inventory has increased, the robust pending ratio of 0.65 indicates ongoing pressure on supply. This environment typically supports discipline in pricing from sellers to maintain transactional velocity.

Luxury Segment

The average listing price decreased by 6.3% over the past year, while the median listing price saw a more modest 1.9% decline. This divergence, alongside an elevated average-vs-median spread, suggests some softening at the higher price tiers within the market.

Supply Dynamics

78 active listings represent the current floor, with new supply arriving at roughly 48 per month.

Pricing Pressure
15.6%

of active listings carry a price reduction, +2.8% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +6.3% year-over-year.

Absorption
0.65

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Alma, MI? Homes here are taking 15 days longer to sell than last year.

Demand in Alma, MI is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
65%
Median Days on Market
52 days
Inventory YoY
+18%

Demand is strong in Alma, MI. Check your Sold Score before you price — conditions this favorable don't hold forever.

See how fast my home should sell

Prefer the data first? Get the monthly Alma, MI briefing and watch the market before you list.

How the Sold Score works →

Agents: no featured expert covers Alma, MI yet — claim this market →

How these recommendations are chosen →

The Monthly Briefing

Stay ahead of the Alma market.

One email per month: median price, inventory, days on market, and curated expert commentary — straight from the Primpted data desk.

Track your ZIP

Get the Sold Score for your exact ZIP code in your inbox each month.

One email per month when your ZIP's Sold Score is updated. Unsubscribe anytime.

Metro Demographics

Metro Area
Alma, MI
CBSA Code
10940
State
MI

ZIPs in Alma, MI

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Alma?+

    As of the latest 2026 data, the Alma metro is classified as Accelerated. Pending ratio is 0.65 with median days on market at 52.

  • Are home prices dropping in Alma?+

    Median listing price is $225K, -1.9% year over year. 15.6% of active listings carry a price reduction.

  • How fast are homes selling in Alma?+

    The typical listing sits 52 days on market, a +39.2% change YoY. New listings are arriving at 48 per month.

  • What's happening in the Alma luxury market?+

    The average listing price decreased by 6.3% over the past year, while the median listing price saw a more modest 1.9% decline. This divergence, alongside an elevated average-vs-median spread, suggests some softening at the higher price tiers within the market.

  • Where can I find a trusted Alma real estate expert?+

    Primpted maintains a vetted registry of Alma agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 10940 · 36mo history