Local Market0 views · 2 answers
How competitive is the Alma housing market?
P
Primpted Housing Analyst
Updated monthly · Data through September 2026 · v269
- Sold Score
- 68/100
- YoY Good Chance of Selling
- Pending ratio
- 0.54
- YoY contracts vs active
- Inventory YoY
- +0.1%
- YoY active listings
- Median DOM
- 49
- YoY days on market
- Price cuts
- 44.7%
- YoY of active listings
Alma is competitive as of September 2026, with a Sold Score of 68/100 (Good Chance of Selling).
**Pending ratio** is 0.54 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +12.6% — more choices for buyers than a year ago.
**Median days on market** is 49. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 44.7% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (September 2026): Sold Score: 68/100 (Good Chance of Selling) · Pending ratio: 0.54 · Inventory YoY: +12.6% · Median days on market: 49 · Sellers cutting price: 44.7% · Median listing price: $225,000 (+4.0% YoY)
Alma snapshot
As of the latest 2026 data- Median listing
- $225K
- YoY +0.0%
- Active inventory
- 85
- YoY +0.1%
- Median DOM
- 49
- YoY +0.2%
- Pending ratio
- 0.54
- YoY -0.1%
- Price-reduced
- 23.3%
- YoY +0.1%
P
Primpted Housing Analyst
Data-backedPrimpted research desk
The Alma housing market shows some signs of competition, but it's not intensely competitive right now. While prices are up, homes are staying on the market longer, and fewer new homes are coming up for sale. Buyers might find more opportunities to negotiate than in very hot markets.
The median listing price in Alma is $225,000, which has stayed steady in the most recent month but is up 4.0% over the past year. The average listing price also increased by 2.1% year-over-year, reaching $252,392. This means homes are generally listed for more money than they were a year ago, reflecting continued value growth.
Homes in Alma are currently spending about 49 days on the market before selling. This is 24.4% longer than a year ago, suggesting that buyers are taking more time to make decisions. The share of homes with price reductions has also increased by 7.3% over the past year, with 23.3% of homes now seeing a price cut.
There are 85 active listings available, which is 12.6% more than a year ago, offering buyers more choices. However, new listings are down by 23.8% compared to last year, with only 32 new homes coming onto the market recently. This lower supply of fresh homes could create some urgency for buyers.
For someone looking to buy a home in Alma, these trends mean you might have more homes to choose from than last year, and sellers may be more open to negotiation, especially for homes that have been on the market for a while.