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Housing in Alma

90 homes sold in Alma in the last year, at a typical $231K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Alma homes are listed.

Homes sold
90
June 2025 to May 2026
Typical sale price
$231K
median, weighted by sales
Price per square foot
$140
Arkansas $157
Paid vs. asking
99.3%
27% sold over asking
For sale now
19
May 2026 · 4 sold that month
What sold · last 12 months

Houses are 99% of Alma’s sales, at a typical $231K

90 homes sold in the year to May 2026.

Houses$231K

typical sale · 89 sold in 12 months

Per square foot
$140AR $157
Days to sell
44
Sold over asking
27%
Listings with a price cut
27%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $500K

Too few sales in 12 months for reliable figures.

12 years of sales

About as many homes sell as usual, at twice the 2016 price

90 sales in the last year, against 105 in 2021 and a low of 71 in 2015. The typical sale went from $121K in 2016 to $231K.

Homes soldTypical sale price
03775112150$150K$200K$250K$300K2014: 72 sold, typical $119K’142015: 71 sold, typical $123K2016: 92 sold, typical $121K’162017: 83 sold, typical $130K2018: 99 sold, typical $134K’182019: 93 sold, typical $147K2020: 83 sold, typical $159K’202021: 105 sold, typical $181K2022: 76 sold, typical $205K’222023: 80 sold, typical $221K2024: 74 sold, typical $213K’242025: 83 sold, typical $219KLast 12 months: 90 sold, typical $231KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $250K buys in Alma

Houseat $140 a sq ft
The same money in Arkansasat $157 a sq ft

Is this asking price fair?

Check a listing against what Alma homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 12 years of sales

Bidding wars in Alma are more common than before the pandemic, with about as many homes for sale

We read every month of Alma’s home sales since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 90 sales.

If you’re buying in Alma

  • Shop in June. It brings about 9 new listings a month, close to the busiest month, with fewer bidding wars (8% over asking).
  • Bid near asking. Buyers paid 99.3% of the list price on average; 27% paid over.
  • You’ll usually have time. Only 32% of homes go under contract within two weeks; the typical one takes 44 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

March has the most new listings (about 9 a month), but August is the most competitive: 28% of August sales close over asking. June offers nearly as much choice with fewer homes bid up (8%). June has the least competition (8%).

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 6 new listings a month, 16% sold over asking, 81 days to sellJFeb: 6 new listings a month, 9% sold over asking, 94 days to sellFMar: 9 new listings a month, 16% sold over asking, 81 days to sellMApr: 8 new listings a month, 17% sold over asking, 101 days to sellAMay: 8 new listings a month, 21% sold over asking, 58 days to sellMJun: 9 new listings a month, 8% sold over asking, 54 days to sellJJul: 6 new listings a month, 22% sold over asking, 62 days to sellJAug: 8 new listings a month, 28% sold over asking, 59 days to sellASep: 7 new listings a month, 19% sold over asking, 79 days to sellSOct: 9 new listings a month, 24% sold over asking, 60 days to sellONov: 6 new listings a month, 27% sold over asking, 64 days to sellNDec: 6 new listings a month, 18% sold over asking, 73 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than Arkansas

Alma now2017–192021 peakAR now
Sold over askingShare of sales that closed above the list price27%10%33%13%
Gone within two weeksShare of homes under contract within 14 days32%8%12%26%
Listings with a price cutShare of homes for sale that cut their price27%—9%22%
Price paid vs. askingAverage sale price ÷ list price99.3%97.6%100%97%
Days to sellMedian days from listing to contract44824359
Supply

23 homes for sale on a typical day

That’s 1.9 times the 2021 low (12), about the 2017–19 level and well under 2014’s 31.

2014: 31 for sale’142015: 26 for sale2016: 28 for sale2017: 26 for sale’172018: 23 for sale2019: 17 for sale2020: 14 for sale’202021: 12 for sale2022: 13 for sale2023: 14 for sale’232024: 14 for sale2025: 25 for saleLast 12 months: 23 for saleNow
Room to negotiate

1 in 4 listings has cut its price

27% in the last year, against — in 2017–19 and 22% across Arkansas.

2021: 9%’212022: 13%2023: 28%2024: 24%’242025: 28%Last 12 months: 27%Now
Across Arkansas

Alma ranks 1st of 66 busy Arkansas markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Alma is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2014 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Alma home costs about $1,311 a month

Mortgage
Property tax
Insurance
Rent

Price: Alma’s typical sale, last 12 months. Property tax at Alma’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Alma is affordable on local pay is on Cost of living.

Before you buy in Alma

Six things worth knowing

9

New listings in March

The month with the most choice. December has the fewest, about 6.

Best time to buy
0.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $231K home, about $1,270 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Alma, from test results, graduation and how much students grow.

Schools in Alma
28 min

Typical commute

The average one-way trip to work for people who live in Alma.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Mulberry, Fort Smith and Charleston sell for less a square foot

The busier markets within 25 miles of Alma, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Fort Smith967$217K$12813%52
Van Buren270$218K$14315%41
Barling91$224K$15015%57
Alma90$231K$14027%44
Lavaca39$216K$13715%44
Charleston38$148K$1108%70
Mulberry24$153K$9017%89

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Alma, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Alma. People who follow the town see it, and so do people comparing Alma with their own town. No commission, no listing fee.

Questions about buying a home in Alma

What do homes sell for in Alma, AR?

90 homes sold in the year to May 2026 at a typical $231K, $140 a square foot.

Is Alma a buyer’s or seller’s market?

A balanced market: 19 homes were for sale in May 2026 and 4 sold, about 4.8 months of supply. Buyers paid 99.3% of asking on average, and 27% of listings cut their price.

When is the best time to buy in Alma?

March brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Alma?

About 0.6% of a home’s value a year. On a $231K home that’s near $1,270.

Where can I see homes for sale in Alma?

Zillow, Redfin, Realtor.com and Homes.com all carry Alma’s MLS listings; the search links above open each one filtered to Alma.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).