Local Market0 views · 2 answers
How competitive is the Alma housing market?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v265
- Sold Score
- 50/100
- YoY Fair Chance of Selling
- Pending ratio
- 0.58
- YoY contracts vs active
- Inventory YoY
- +0.3%
- YoY active listings
- Median DOM
- 48
- YoY days on market
- Price cuts
- 37.8%
- YoY of active listings
Alma is competitive as of May 2026, with a Sold Score of 50/100 (Fair Chance of Selling).
**Pending ratio** is 0.58 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +25.4% — more choices for buyers than a year ago.
**Median days on market** is 48. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 37.8% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (May 2026): Sold Score: 50/100 (Fair Chance of Selling) · Pending ratio: 0.58 · Inventory YoY: +25.4% · Median days on market: 48 · Sellers cutting price: 37.8% · Median listing price: $225,000 (+26.3% YoY)
Alma snapshot
As of the latest 2026 data- Median listing
- $225K
- YoY +0.3%
- Active inventory
- 73
- YoY +0.3%
- Median DOM
- 52
- YoY +0.2%
- Pending ratio
- 0.72
- YoY -0.2%
- Price-reduced
- 17.1%
- YoY -0.0%
P
Primpted Housing Analyst
Data-backedPrimpted research desk
The Alma housing market is quite competitive right now, with homes selling quickly and for higher prices than last year. There are fewer homes for sale compared to what buyers are looking for.Prices are going up significantly. The median listing price is $225,000, which is over 26% higher than this time last year. This means homes are holding their value and increasing in worth.Homes are not staying on the market for very long. The median time a home spends on the market is 52 days, which is almost a full month faster than over the past year. This shows how quickly buyers are making offers.There are fewer homes available for sale compared to last year. Even though new listings are up by almost 30%, the overall number of active listings is still much lower than what's needed, down by over 34% from last year.For buyers, this means you need to be ready to act fast when you find a home you like. For sellers, it's a good time to list your property as demand is high and prices are strong.