Local Market0 views · 2 answers
How competitive is the Alma housing market?
P
Primpted Housing Analyst
Updated monthly · Data through August 2026 · v268
- Sold Score
- 68/100
- YoY Good Chance of Selling
- Pending ratio
- 0.65
- YoY contracts vs active
- Inventory YoY
- +0.2%
- YoY active listings
- Median DOM
- 52
- YoY days on market
- Price cuts
- 35.9%
- YoY of active listings
Alma is competitive as of August 2026, with a Sold Score of 68/100 (Good Chance of Selling).
**Pending ratio** is 0.65 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +18.2% — more choices for buyers than a year ago.
**Median days on market** is 52. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 35.9% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (August 2026): Sold Score: 68/100 (Good Chance of Selling) · Pending ratio: 0.65 · Inventory YoY: +18.2% · Median days on market: 52 · Sellers cutting price: 35.9% · Median listing price: $225,000 (-1.9% YoY)
Alma snapshot
As of the latest 2026 data- Median listing
- $225K
- YoY -0.0%
- Active inventory
- 78
- YoY +0.2%
- Median DOM
- 52
- YoY +0.4%
- Pending ratio
- 0.65
- YoY +0.0%
- Price-reduced
- 15.6%
- YoY +0.0%
P
Primpted Housing Analyst
Data-backedPrimpted research desk
The Alma housing market is becoming less competitive right now. Homes are staying on the market longer, and more new listings are popping up. This gives buyers a bit more breathing room.
Looking at prices, the median listing price is $225,000. This is up 17.5% from the prior month, but down 1.9% compared to the prior year.
There are 78 active listings, which is 18.2% more than a year ago. We also saw 48 new listings, a 20.0% increase from the prior year. More homes for sale usually means less competition among buyers.
Houses are also taking longer to sell. The median time a home spends on the market is 52 days, which is 39.2% longer than the prior year. This longer market time often indicates a less frenzied buying environment.
Also, 15.6% of homes have had their prices reduced. This is slightly up by 2.8% from the prior year. More price reductions often mean sellers are adjusting to buyer expectations.
If you're a buyer, this could be a good time to look as there are more options and less pressure to act quickly. If you're selling, be prepared that your home might take a bit longer to find a buyer.