61Alpha

Alma, MI metro area Housing Market Brief

metro · as of May 2026

Seller's

What is Alma, MI metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-45.137
Inventory Health25%
-1.051
Affordability20%
91
Economic Strength20%
No data
50
Rental Yield15%
81

Where is Alma, MI metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Alma, MI metro area is classified as Growingstrengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Alma, MI metro area housing market data

MetricValueYoY
Median Sale Price$160K-20%
Median Days on Market50 days-20.6%
Months of Supply3.5▲ +9.4%
Homes for Sale117▲ +10.4%
Homes Sold330%
Median Price / Sq Ft$122▲ +25.6%
Sale-to-List Ratio99.0%▲ +1.8%

How has Alma, MI metro area’s Alpha Score moved?

Now: 61
4-period trend
Median sale price · 12 mo

Markets like Alma, MI metro area

Frequently asked questions

Is Alma, MI metro area a buyer's or seller's market?

As of May 2026, Alma, MI metro area is classified as a Seller's Market, based on its Alpha Score of 61 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Alma, MI metro area?

The median sale price in Alma, MI metro area is $160K, having fallen 20% over the past year.

How affordable is Alma, MI metro area?

Alma, MI metro area scores 91 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Alma, MI metro area's Alpha Score?

Alma, MI metro area's strongest dimension is Affordability (91/100) and its weakest is Price Momentum (37/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Alma, MI metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.