New - 18 hours on Rocket
$1,318 Closing Credit¹
Bob Fall, Listing Office: CENTURY 21 LEE-MAC REALTY
Alma Housing Market Report December 2024•Gratiot County, Michigan
Housing Prices in Alma, MI
How much do homes in Alma, MI cost?
Housing Market Conditions
Is Alma, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Alma is a Seller's Market
Difference Since December 2023
Since last year, Alma has remained a Seller's Market.
Insight
Alma is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$161,000$105/SqFt
+$19,000
+13.4%
Based on all homes sold in the last 12 months
Insight
Homes in Alma have sold for 13.4% more than they did a year ago.
Summary: The median home sold price in Alma was $161,000 in December 2024, up 13.4% from last year, and the median price per square foot was $105.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Alma | $142K | $161K | +13.4% |
| Saint Louis | $129.9K | $130.5K | 0.4% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 22 Bedrooms | $115K | $124.5K | +8.3% |
| 44 Bedrooms | $156K | $213K | +36.5% |
| 11 Bedroom | - | $99.7K | N/A |
| 33 Bedrooms | $156K | $166.5K | +6.7% |
| 55+ Bedrooms | $422.6K | $230K | -45.6% |
Summary: Alma housing price by bedroom type for December 2024, compared to the previous year. The home price for 2 bedroom homes increased by +8.3%. The home price for 4 bedroom homes increased by +36.5%. The home price for 1 bedroom homes did not change. The home price for 3 bedroom homes increased by +6.7%. The home price for 5 bedroom homes decreased by -45.6%.
Housing supply in Alma, MI
How many homes are available in Alma, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 45Last MonthDec 2024 | ||
| 482 months agoNov 2024 | -6.3 % Change MoMNov – Dec |
Summary: The Alma real estate market had 45 homes for sale in Dec 2024, a 6.3 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthDec 2024 | ||
| 92 months agoNov 2024 | +22.2 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 22 Bedrooms | 8 | 9 | +12.5% |
| 44 Bedrooms | 12 | 10 | -16.7% |
| 11 Bedroom | 1 | 1 | 0.0% |
| 33 Bedrooms | 23 | 21 | -8.7% |
| 55+ Bedrooms | 4 | 4 | 0.0% |
Summary: Alma housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 2 bedroom homes increased by +12.5%. The inventory for 4 bedroom homes decreased by -16.7%. The inventory for 1 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -8.7%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Alma, MI cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price9 Homes
Insight
If you're buying a home in Alma, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Alma in December 2024, up by 22.2% month-over-month. Of the 11 sold homes, 82% were sold under asking, 9% were sold at asking, and and 9% were sold over asking.
Days on Market for Alma, MI
How long does it take to sell a home in Alma, MI?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days3 Homes
Over 90 Days6 Homes
Insight
Most homes in Alma are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 11 homes were sold in Alma; 18% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 55% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 116 DaysThis YearDec 2024 | ||
| 53 Days1 year agoDec 2023 | +120.1 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Alma had an average listing age of 116 days in Dec 2024, up by 120.1% compared to the previous year.
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Newest Listings in Alma, MI
What homes are available in Alma, MI?
New - 18 hours on Rocket
$1,461 Closing Credit¹
Bob Fall, Listing Office: CENTURY 21 LEE-MAC REALTY
New - 3 days on Rocket
$1,888 Closing Credit¹
#50164566, Angelica Smith, Listing Office: Cedar & Crow Realty
New - 4 days on Rocket
$0 Closing Credit¹
Cheryl Reeves, Listing Office: AMERICA'S CHOICE REALTY LLC
$1,056 Closing Credit¹
Adam Vibber, Listing Office: CENTURY 21 LEE-MAC REALTY
$1,069 Closing Credit¹
Michael Kemp, Listing Office: eXp Realty, LLC
$3,088 Closing Credit¹
Jessica Stephenson, Listing Office: FIVE STAR REAL ESTATE - MT. PLEASANT
$1,294 Closing Credit¹
Micah Kemler, Listing Office: 43 NORTH REALTY
$2,244 Closing Credit¹
Micah Kemler, Listing Office: 43 NORTH REALTY
$3,444 Closing Credit¹
Kevin Keating, Listing Office: COLDWELL BANKER MT. PLEASANT REALTY
$297 Closing Credit¹
Micah Kemler, Listing Office: 43 NORTH REALTY
$1,057 Closing Credit¹
Elisa Miller, Listing Office: 43 NORTH REALTY
Nearby markets
Nearby markets aren't available for Alma, MI
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Based on information from Northern Great Lakes Realtors MLS, RealComp II Ltd., MiRealSource Inc. DL, Michigan Regional Information Center LLC, and Water Wonderland MLS Inc. for the period 01/01/2023 - 01/01/2025
Copyright © 2025 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/18/2025, 5:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/18/2025, 5:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
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Last updated on: 1/18/2025, 5:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/18/2025, 5:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:51:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 2025 Water Wonderland MLS, Inc © All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than this broker are marked with the WWLX logo and the detailed information about said listing includes the listing office.The listings displayed come from various Water Wonderland Board of REALTORS® member offices who have chosen to participate in WWBR. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or Water Wonderland Board of REALTORS® shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/18/2025, 5:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.