The Unshakable Investor

Unshakable ZIP Data 48801 | Alma, MI Housing Market

Alma · Gratiot County · Alma, MI metro · Michigan · Data updated June 19, 2026

The median sale price in ZIP 48801, Alma, Michigan is $164,951 at $126 per square foot. 57 single-family homes sold in the latest period, up 57.3 percent from a year earlier. Homes sit a median of 57 days on market with 3.4 months of supply. Sellers are getting 99.5 percent of list price and 34.5 percent of homes sold above asking.

Balanced market.

Value anchors

MetricValueYear over year
Average single-family value$170,122
Average price per sq ft$130
Median sale price$164,951
Median sale price per sq ft$126
Median home size1,312 sq ft
Median new listing price$193,298+13.7%
National size rank8,425

Sales activity

MetricValueYear over year
Homes sold57+57.3%
Median days on market57 days
Months of supply3.4 months
New listings74+64.7%
Active listings127+58.3%
Pending sales67+39.4%

Pricing power

MetricValueYear over year
Average sale-to-list ratio99.5%+4.5 pts
Share sold above list34.5%+26.2 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$133,000
3-bedroom
$182,743
4-bedroom
$229,906

These figures describe the single-family market for Alma, Michigan ZIP 48801. They are market context, not a substitute for sold comps or a formal appraisal.