Alma—80420
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Alma
As of Oct '25, the median home price in Alma is $606,000, with a year-over-year change of -3.7%. This indicates that home prices in Alma are decreasing. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $606,000 | -3.7% |
| Single Family | $607,000 | -4.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $368,000 | -7.1% |
2 Bed | $521,000 | -4.6% |
3 Bed | $702,000 | -3.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Alma
As of July '25, Rentcast reports the average rent in Alma is $2,830, with a year-over-year rent change of 18.4%. Per bedroom, the median rent as of July '25 in Alma is 1-bedrooms: $1,720, 2-bedrooms: $2,450, 3-bedrooms: $3,700. The most common rental property sizes in Alma are 5+ bedroom and 3-bedroom, accounting for 53.1% and 27.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,450 | $2,830 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,450 | $1,720 |
| 2 Bed Rent | $2,450 | $2,450 |
| 3 Bed Rent | $3,800 | $3,700 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Alma
As of Oct '25, Realtor.com reports that the median days on market for a home in Alma is 65. This is a decrease of -15.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 6.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $682,000 | -5.0% |
Listing Count | 33 | -5.0% |
| Listings as % of Homes | 1.1% | -5.0% |
Days on Market | 65 | -15.0% |
Demographics — Alma
As of the latest ACS Survey released in 2023, Alma has a population of 958, which has remained stable by -0.4% over the past 5 years. Alma is a less popular place for families, as children make up 2.4% of the population. The area has a highly educated workforce, with 65.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 958 | -0.4% |
% Under 18 | 2.4% | -89.1% |
% Seniors | 24.5% | 315.3% |
% WFH | 17.7% | 31.1% |
% w/ College Degree | 65.6% | 220.0% |
As of the latest ACS Survey released in 2023, Alma is a predominantly white area, with 92.0% of the population identifying as white. The white population has grown by 1.1% in the last 5 years. The second most common race or ethnicity in Alma is hispanic, making up 5.7% of the population. Foreign-born residents account for 5.8% of the population in Alma, and this percentage has increased by Inf% 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 | 92.0% | 1.1% |
% Black | 2.3% | 187.5% |
% Hispanic | 5.7% | -30.5% |
% Asian | 0.0% | N/A |
% Foreign Born | 5.8% | ∞% |
Mortgage and Risk — Alma
Alma lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Alma
Alma lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $210 | $1,450 | $1,660 |
| 2 Bedroom | -$460 | $2,450 | $1,990 |
| 3 Bedroom | -$1,210 | $3,800 | $2,590 |
| 4 Bedroom | N/A | N/A | $2,910 |
Affordability — Alma
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7 |
| Median Home Price | $606,000 |
| Median Household Income | $84,100 |