The median home in Alma, Michigan is valued at $156,821, up 8.9% year over year. Alma is part of the Alma, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Alma, MI stress score, crash risk, and 12-month forecast →

Home Value$156,821

+8.9%

AFFORDABILITY

Enter your income for Alma.

Income (annual)

Down Payment

$31,364 on $156,821

Affordable — 18% of income

Under the 28% guideline.

PITI$1,128

P/I18%

Afford$243K

Room+$86K

P&I $793Tax $201Ins $133

6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Michigan

Compare Alma with other housing markets across Michigan.

Lake Angelus$1659K Leland$1097K Orchard Lake$914K Franklin$845K Lake Leelanau$832K Kewadin$811K Lakeside$800K Northport$758K

Full Alma, MI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Alma, MI metro.

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ALMA, MI