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market report · 48801
Alma, MI · 48801
25 active listings$149,043 median ask$1,757 est. rent1.2% price/rent
$149,043
Median list price
$1,757/mo
Estimated rent
1.2%
Price / rent ratio
25
Listings
FHFA home price index · 2016–2025
90.1% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.20
Median rent / sqft
23 comps
$115.50
Median sold / sqft
23 comps
—
Walkability
5.6%
Area unemployment
BLS LAUS
Median household income $58,750 · median home value $129,700 · ACS 2024.
Natural-hazard risk Relatively High (FEMA NRI score 87).
7 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
325 Walnut St, Alma, MI 48801
Alma, MI
$44,900$1,731/mo3.9%
411 S Grover Ave, Alma, MI 48801
Alma, MI
$41,000$1,384/mo3.4%
7364 Kings Ct, Alma, MI 48801
Alma, MI
$74,900$2,227/mo3%
225 Valley Ave, Alma, MI 48801
Alma, MI
$35,000$986/mo2.8%
707 W Center St, Alma, MI 48801
Alma, MI
$134,900$2,158/mo1.6%
1035 Fairview Ave, Alma, MI 48801
Alma, MI
$114,000$1,599/mo1.4%