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As-is Deals in Alma, MI 48801

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Alma, MI Foreclosures

How much do homes sell for in Alma, MI?
The average home price is currently $174,609.
In Alma, MI, how many homes are available?
There are currently 20 active home listings available in Alma.
What’s the average rental cost in Alma, MI?
The average rental price in Alma is $1,465.
What is the most expensive home in Alma?
The most expensive home sold in Alma had a price of $1,648,674.
What is currently the cheapest priced home in Alma, MI?
The cheapest home for sale in Alma is priced at $10,523.

Living in Alma, MI

Alma, located in Gratiot County, Michigan, is a welcoming small town that offers a blend of community charm and educational opportunities. Known for its local events and proximity to Alma College, the area provides an engaging environment for families and students alike. With ample recreational options and a vibrant downtown, Alma is a great place to call home.

Current Market Conditions in Alma, MI

The real estate market in Alma is currently showing a steady growth pattern, with a modest increase in home values over the last year. This small-town charm, combined with the presence of Alma College, attracts young families and students, keeping the demand consistent.

Investors are seeing good opportunities due to lower home prices compared to nearby cities. The affordability of the market is drawing buyers looking for starter homes or investment properties, creating a competitive edge for sellers.

Home Value Estimator For Alma, MI

There are currently 3,749 real estate properties in Alma, MI, with a median automated valuation model (AVM) price of $148,314.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Alma, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Alma, MI, is $174,609.00, with the most expensive house in Alma, MI, topping out at $1,648,674.00 and the cheapest home in Alma, MI, clocking in at $10,523.00. In other words, there’s something for every potential homebuyer or savvy investor in Alma, MI!

Rent Prices In Alma, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Alma, MI, is on a rollercoaster ride. The average rent price in Alma, MI, is $1,465.00. Indeed, when looking to rent in Alma, MI, you can expect to pay as little as $710.00 or as much as $2,800.00, with the average rent median estimated to be $1,470.00. The good news is that finding an affordable and desirable property to rent in Alma, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Alma, MI 48801 As-is Deals


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