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Foreclosure Homes 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 $165,231.
In Alma, MI, how many homes are available?
There are currently 21 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 $1,290,497.
What is currently the cheapest priced home in Alma, MI?
The cheapest home for sale in Alma is priced at $10,200.

Living in Alma, MI

Alma, MI is a quaint Midwestern city that invites residents with its strong community spirit and beautiful parks. It offers a variety of amenities while being home to Alma College, fostering a vibrant cultural scene. The town's recreational options and proximity to larger cities make it a desirable place to live for families and investors alike.

Current Market Conditions in Alma, MI

The real estate market in Alma, MI has shown a steady appreciation in home values over the past few years, highlighting its attractiveness to potential homeowners and investors. The mix of affordable housing options and the presence of Alma College contributes to a dynamic rental market, making it an appealing choice for investors seeking rental properties.

Current trends indicate that homes in Alma are being sold quickly, often above the listing price, reflecting a competitive market environment. Investors are encouraged to act swiftly to capitalize on available opportunities, as the demand for homes continues to rise amidst a limited supply.

Home Value Estimator For Alma, MI

There are currently 3,746 real estate properties in Alma, MI, with a median automated valuation model (AVM) price of $138,636.00. 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 $165,231.00, with the most expensive house in Alma, MI, topping out at $1,290,497.00 and the cheapest home in Alma, MI, clocking in at $10,200.00. 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 Foreclosures


Market Trend for Alma, MI

Total Listings Available: 21

Market Values:

Home Prices from $10,200 to $1,290,497

Average Sales Price: $165,231

Rental Values:

Rental from $710 to $2,800

Average Rent Value: $1,465 / month

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