Market Intelligence Report — MI-940

Alma, MI

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

Ref. No: 2026-MI-09
As of the latest 2026 data
Stabilizing

Median Listing

$225K
+4.0% YoY

Pending Ratio

0.54
-6.7% YoY

Active Inventory

85
+12.6% YoY

Median DOM

49 Days
+24.4% YoY

Primary Intelligence Tool — Sold Score™

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The Alma, MI housing market is currently stabilizing. The pending ratio stands at 0.54, reflecting a 6.7% year-over-year decline. Active listings have expanded by 12.6% over the past year, reaching 85 units.

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.

Overall inventory levels are expanding, with active listings increasing by 12.6% year-over-year. Concurrently, new listings have decreased by 23.8% compared to the prior year. The median listing price has maintained stability month-over-month, though showing a 4.0% increase year-over-year. The median days on market have lengthened by 24.4% over the past year, indicating a slower pace of transactions. Demand, as reflected by the pending ratio, has softened, declining by 6.7% year-over-year to 0.54.

Historical Analysis

Market Trends

Median Price

$225K+0.0% MoM

Active Inventory

85+12.6% YoY

Days on Market

49+24.4% YoY

Sold Score™

68-6.7% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

68
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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

In this stabilizing environment, the absorption pace of available inventory has moderated, as evidenced by the increase in median days on market. While overall supply has grown, the decline in new listings suggests some incoming inventory pressure. Price discipline may be gaining importance for listings, given the lengthening sales cycle and the increase in the share of price reductions.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

85 active listings represent the current floor, with new supply arriving at roughly 32 per month.

Pricing Pressure
23.3%

of active listings carry a price reduction, +7.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +10.6% year-over-year.

Absorption
0.54

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Alma, MI? Homes here are taking 10 days longer to sell than last year.

Alma, MI is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
54%
Median Days on Market
49 days
Inventory YoY
+13%

Alma, MI is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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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