Alma Real Estate
55 active listings · 159 sold in the past 12mo
$199,900
Median List Price
159
Sold (past 12mo)
74
Avg Days on Market
+15.0%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(55)
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For Sale
1/74
$435,000
623 N State Street, Alma, MI 48801
4 bd4 ba3,516 sqft0.88 ac
Single Family
For Sale
1/27
$419,900
0 Kali Lane, 30, Alma, MI 48801
3 bd2 ba0.54 ac
Single Family
For Sale
1/19
$419,900
0 Lakeside Drive, 19, Alma, MI 48801
3 bd2 ba1.20 ac
Single Family
For Sale
1/51
$389,900
3500 Kali Lane, Alma, MI 48801
3 bd1 ba0.54 ac
Single Family
Under Contract
1/53
$375,900
195 Jade Court, Alma, MI 48801
5 bd2 ba0.29 ac
Single Family
For Sale
1/39
$375,000
5705 N State Road, Alma, MI 48801
3.45 ac
Multi-Fam
For Sale
1/26
$374,900
3495 Kali Lane, Alma, MI 48801
3 bd2 ba0.90 ac
Single Family
For Sale
1/43
$354,900
5383 N Rich Road, Alma, MI 48801
5 bd3 ba5.68 ac
Single Family
For Sale
1/42
$350,000
1006 Falkirk Road, Alma, MI 48801
4 bd1 ba0.30 ac
Single Family
For Sale
1/76
$350,000
1510 Luce Court, Alma, MI 48801
3 bd1 ba0.57 ac
Single Family
For Sale
1/35
$345,000
737 N State Street, Alma, MI 48801
5 bd1 ba0.34 ac
Single Family
For Sale
1/57
$336,000
258 Ruby Court, Alma, MI 48801
3 bd2 ba0.36 ac
Single Family
For Sale
1/18
$332,000
5142 N State Road, Alma, MI 48801
4 bd3 ba3,600 sqft10.78 ac
Single Family
For Sale
1/42
$324,900
247 Gemstone Drive, Alma, MI 48801
3 bd1 ba0.23 ac
Single Family
Under Contract
1/55
$315,000
6410 W Madison Road, Alma, MI 48801
3 bd2 ba2 ac
Single Family
For Sale
1/24
$309,900
277 Gemstone Drive, 6, Alma, MI 48801
3 bd2 ba0.23 ac
Single Family
For Sale
1/66
$305,000
430 Bridge Avenue, Alma, MI 48801
8 bd5 ba0.32 ac
Single Family
For Sale
1/30
$299,900
540 Fairlane Drive, Alma, MI 48801
3 bd2 ba0.36 ac
Single Family
Under Contract
1/30
$289,000
218 Fleming Drive, Alma, MI 48801
5 bd2 ba0.34 ac
Single Family
For Sale
1/32
$280,000
937 Riverview Drive, Alma, MI 48801
3 bd1 ba0.30 ac
Single Family
For Sale
1/48
$279,000
535 Yale Avenue, Alma, MI 48801
4 bd2 ba0.34 ac
Single Family
Under Contract
1/38
$274,900
7818 N Luce Road, Alma, MI 48801
3 bd2 ba1.24 ac
Single Family
For Sale
1/38
$270,000
742 E Van Buren Road, Alma, MI 48801
3 bd2 ba2.65 ac
Single Family
For Sale
1/66
$234,000
3515 N Bliss Road, Alma, MI 48801
5 bd1 ba1.11 ac
Single Family
Recently Sold(159)
Frequently Asked Questions about Alma
What is the current real estate inventory in Alma?
Buyers in Alma can choose from 55 active listings. The median asking price is $199,900.
What is the median home price in Alma?
Based on 159 sales in the past year, homes in Alma have a median price of $199,900.
How fast do homes sell in Alma?
Over the past year, homes in Alma spent an average of 74 days on market before selling.
What school districts serve Alma?
Multiple school districts may serve Alma. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
Is Alma a buyer's or seller's market?
Alma is currently a balanced market, with 4.2 months of supply. That ratio comes from 55 active listings relative to 159 sales per year.
How much are property taxes in Alma?
Property taxes in Alma are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
What is the Household Formation Gap in Alma?
Census demographic data shows a +15.0% Household Formation Gap in Alma. As average household size fell from 2.53 to 2.25, the estimated number of households grew by 545. Population grew 2.2% over the same period. HFG is a secondary market indicator reflecting household formation trends, distinct from primary indicators like comparative market analysis.