Alma, AR 72921 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Alma, AR—72921

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$242,000

4.9% YoY Growth

Household Income

$68,300

29.0% YoY Growth

Days on Market

61.0% Longer YoY

Home Price Forecast

2.3%

Median Rent

$1,000

0.1% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$725

3.7% YoY Growth

3-Bed Rent

$1,100

30.6% YoY Growth

Home Price Trends — Alma, AR

As of Dec '25, the median home price in Alma, AR is $242,000, with a year-over-year change of 4.9%. This indicates that home prices in Alma, AR are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$242,000	4.9%
Single Family	$243,000	5.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Alma, AR

As of July '25, Rentcast reports the average rent in Alma, AR is $991, with a year-over-year rent change of -0.1%. Per bedroom, the median rent as of July '25 in Alma, AR is 2-bedrooms: $838, 3-bedrooms: $1,410. The most common rental property sizes in Alma, AR are 3-bedroom and 2-bedroom, accounting for 48.9% and 36.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,000	$991
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$725	$838
3 Bed Rent	$1,100	$1,410
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

1.9%

1 Bedroom

7.4%

2 Bedrooms

36.7%

3 Bedrooms

48.9%

4 Bedrooms

5.1%

Property Listings — Alma, AR

As of Dec '25, Realtor.com reports that the median days on market for a home in Alma, AR is 74. This is a increase of 50.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 30.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$332,000	25.0%
Listing Count	51	20.0%
Listings as % of Homes	0.5%	20.0%
Days on Market	97	61.0%

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Demographics — Alma, AR

As of the latest ACS Survey released in 2023, Alma, AR has a population of 12,800, which has decreased by -10.3% over the past 5 years. Alma, AR is a popular place for families, as children make up 26.3% of the population. The area has a poorly educated workforce, with 22.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	12,800	-10.3%
% Under 18	26.3%	-1.5%
% Seniors	16.7%	7.1%
% WFH	6.6%	288.2%
% w/ College Degree	22.1%	54.5%

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As of the latest ACS Survey released in 2023, Alma, AR is a predominantly white area, with 87.5% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Alma, AR is black, making up 2.3% of the population. Foreign-born residents account for 0.7% of the population in Alma, AR, and this percentage has decreased by 53.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	87.5%	-3.3%
% Black	2.3%	91.7%
% Hispanic	2.3%	-36.1%
% Asian	0.1%	∞%
% Foreign Born	0.7%	-53.3%

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Mortgage and Risk — Alma, AR

According to HUD data as of 2023, there were 178 mortgage originations in Alma, AR, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Alma, AR. Investor activity is low, as 3.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	178
% Conventional Loans	67.0%
% Government Loans	33.0%
% Investor Loans	3.0%
% Second Loans	1.0%
% Cash Out Refinance	15.0%

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Rentals and Section 8 — Alma, AR

Alma, AR lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	151
Total Units Section 8	59
% Rentals under Section 8	4.9%
% Occupied Section 8	71.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$690
2 Bedroom	$185	$725	$910
3 Bedroom	$140	$1,100	$1,240
4 Bedroom	N/A	N/A	$1,500

Alma, AR—72921

Key Metrics at a Glance

Home Price Trends — Alma, AR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Alma, AR

% of Rental Stock

Property Listings — Alma, AR

Demographics — Alma, AR

Race and Ethnicity

Mortgage and Risk — Alma, AR

Mortgages

Rentals and Section 8 — Alma, AR

Section 8 Market Size

Section 8 Opportunity

Affordability — Alma, AR

Home Price to Income Ratio

Alma, AR — ZIP Code Boundary Map

Nearby ZIP Codes

Dyer

Lavaca, AR

Rudy, AR

Van Buren, AR

Mulberry, AR

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$242,000
Median Household Income	$68,300

Alma, AR—72921

Key Metrics at a Glance

Home Price Trends — Alma, AR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Alma, AR

% of Rental Stock

Property Listings — Alma, AR

Demographics — Alma, AR

Race and Ethnicity

Mortgage and Risk — Alma, AR

Mortgages

Rentals and Section 8 — Alma, AR

Section 8 Market Size

Section 8 Opportunity

Affordability — Alma, AR

Home Price to Income Ratio

Alma, AR — ZIP Code Boundary Map

Nearby ZIP Codes

Dyer

Lavaca, AR

Rudy, AR

Van Buren, AR

Mulberry, AR

Frequently Asked Questions

What is the average home price in Alma, AR 72921?

How have home prices in Alma, AR 72921 changed over the past year?

What is the home price projection for Alma, AR 72921?

What are the demographics of Alma, AR 72921?

How long does it take homes to sell in Alma, AR 72921?

What is the average rent price in Alma, AR 72921?