Alma, GA—31510
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Alma, GA
Alma, GA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $148,000 | 2.7% |
| Single Family | $148,000 | 2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $191,000 | 3.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Alma, GA
Alma, GA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Alma, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Alma, GA is 96. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $197,000 | -22.0% |
Listing Count | 21 | 19.0% |
| Listings as % of Homes | 0.4% | 19.0% |
Days on Market | 96 | 0.0% |
Demographics — Alma, GA
As of the latest ACS Survey released in 2023, Alma, GA has a population of 9,590, which has decreased by -3.2% over the past 5 years. Alma, GA is a moderately popular place for families, as children make up 24.4% of the population. The area has a poorly educated workforce, with 11.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,590 | -3.2% |
% Under 18 | 24.4% | -5.1% |
% Seniors | 15.7% | 1.3% |
% WFH | 6.0% | 150.0% |
% w/ College Degree | 11.9% | 15.5% |
As of the latest ACS Survey released in 2023, Alma, GA is a predominantly white area, with 69.4% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Alma, GA is black, making up 17.4% of the population. Foreign-born residents account for 4.1% of the population in Alma, GA, and this percentage has increased by 10.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 69.4% | -4.7% |
% Black | 17.4% | 6.1% |
% Hispanic | 9.7% | 22.8% |
% Asian | 0.8% | 166.7% |
% Foreign Born | 4.1% | 10.8% |
Mortgage and Risk — Alma, GA
According to HUD data as of 2023, there were 71 mortgage originations in Alma, GA, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Alma, GA. Investor activity is low, as 10.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 71 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 10.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Alma, GA
Alma, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 267 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $720 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,270 |
| 4 Bedroom | N/A | N/A | $1,310 |
Affordability — Alma, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $148,000 |
| Median Household Income | $52,700 |