Housing in Alma, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — October 2025

Median Sale Price

$35,000

Median List Price

N/A

Price Per Sq Ft

$31

Days on Market

102

Active Inventory

1

Months of Supply

1.0

Seller's market

Zillow Home Value

$121,325

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 78.7%List Price 0.0%May 24Oct 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

82.4%

Buyer's market

Sold Above Asking
0.0%

Market Activity

Source: Redfin

Homes Sold

1

Homes Sold 0.0%New Listings 0.0%Pending 0.0%May 24Oct 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$31

Sale $/SF 78.3%List $/SF 0.0%May 24Oct 25

Alma vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Alma is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$43,300

Median Rent

$483

Total Housing Units

182

Vacancy Rate

22.0%

Owner Occupied

73.2%

Renter Occupied

26.8%

Median Property Tax

$850

per year

Monthly Cost (w/ Mortgage)

$557

Housing Types

Single Family
63.7%
Multi-Family
11.0%
Mobile Home
25.3%

The current median sale price in Alma, IL is $35,000 according to Redfin data. Homes spend a median of 102 days on the market. 0.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $31. The median rent is $483 per month (Census ACS). About 73.2% of housing units are owner-occupied. The median year homes were built is 1975. There are 182 total housing units.