$5,343 Closing Credit*
$449,900
4,176 SqFt
4 Beds
•4 Full Baths, 1 Partial
#1901860, Angela Thompson, Listing Office: Coldwell Banker River Valley, REALTORS
Is Alma, WI 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, WI
How much do homes in Alma, WI cost?
Median Sold Price
$239,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$18,000(-7.0%)
Key Takeaway
Homes in Alma have sold for 7% less than they did a year ago.
Summary: The median home sold price in Alma was $239,000 in November 2024, down 7% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $263K | $197.5K | -24.9% |
| 3 Bedrooms | $182K | $257K | +41.2% |
| 4 Bedrooms | $310K | $270K | -12.9% |
| 5+ Bedrooms | $575K | $158K | -72.5% |
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 decreased by 24.9%, 3 bedroom homes increased by 41.2%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes decreased by 72.5%.
Housing Supply in Alma, WI
How many homes are available in Alma, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The Alma real estate market had 13 homes for sale in November 2024, a 8.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 1 | 4 | +300.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 2 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
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 increased by 300%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alma, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Alma in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Alma, WI
How long does it take to sell a home in Alma, WI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 324 Days | 159 Days | -50.9% |
Summary: Homes in Alma had an average of 159 days on market in Nov 2024, down by 50.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Alma are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 4 homes were sold in Alma; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
