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Living in Alma, MI

Alma, MI is a quaint and welcoming town that combines a friendly community with a variety of amenities. Known for its beautiful parks and recreational options, Alma also offers a vibrant education scene through Alma College. Residents enjoy a relaxed lifestyle while being conveniently located near larger cities for additional entertainment and shopping opportunities.

Current Market Conditions in Alma, MI

Alma's real estate market is currently experiencing a steady growth trend, with demand rising for both single-family homes and rental properties. Many buyers are drawn to the area's affordability compared to nearby larger cities, making it an attractive option for families and young professionals seeking a home.

In recent months, the real estate market has shown signs of sustainability, with home prices gradually increasing as inventory remains relatively low. The area is witnessing a mix of new developments and charming older homes that appeal to a variety of buyers.

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 Search Results


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