The housing market in Alma, MO has been steadily appreciating over the past year. According to recent data, the median value of a house in Alma is currently $177,800, which is significantly lower than the US median of $338,100. This means that houses in Alma are more affordable than the national average. Furthermore, the appreciation rate for housing in Alma over the past year has been 13.07%, which is higher than the 8.27% appreciation rate that houses have seen nationally. These figures mean that now may be a great time to invest in housing in Alma as prices and appreciation continue to rise.
The median home cost in Alma is $177,800. Home appreciation the last 10 years has been 100.6%. Home Appreciation in Alma is up 16.3%.
Average Age of Homes
- The median age of Alma real estate is 60 years old
The Rental Market in Alma
- Renters make up 8.1% of the Alma population
- 0.0% of houses and apartments in Alma, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.