$612,000
81.57 Acres
Land
Listing Office: Chuck Fawcett Realty, Inc.
Is Alma, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Alma has remained a Seller's Market.
Key Takeaway
Alma is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Alma, AR
How much do homes in Alma, AR cost?
Median Sold Price
$277,500
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$42,250(-13.2%)
Key Takeaway
Homes in Alma have sold for 13.2% less than they did a year ago.
Summary: The median home sold price in Alma was $277,500 in November 2024, down 13.2% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $213.3K | N/A |
| 2 Bedrooms | $142.4K | $177K | +24.3% |
| 3 Bedrooms | $252.4K | $265K | +5.0% |
| 4 Bedrooms | $377.5K | $380K | +0.7% |
| 5+ Bedrooms | $350K | $535.5K | +53.0% |
Summary: Alma housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.3%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 53%.
Median Sold Price Compared To Nearby Cities
| Alma Township | $304.5K | $275K | -9.7% |
| Alma | $319.7K | $277.5K | -13.2% |
Housing Supply in Alma, AR
How many homes are available in Alma, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Summary: The Alma real estate market had 9 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Alma housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Alma, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Alma in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Alma, AR
How long does it take to sell a home in Alma, AR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 120 Days | 134 Days | +11.0% |
Summary: Homes in Alma had an average of 134 days on market in Nov 2024, up by 11% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Alma has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Alma; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.