October's First-Time Homebuyer Report for Alma

The population of Alma is shrinking slower than the rest of Wisconsin, at a 10-year growth rate of -16.7%. It's an average-sized city compared to the rest of the state, with 781 residents. With a median age of 59 years, homes in Alma tend to be older than most. The top school in the city is Alma High School.

Price Range

The median value of homes in Alma is $99,700, making it one of the lower priced areas in Wisconsin. At the same time, the average list price of available homes is presently $187,313. Typically, Alma accounts for 0.3 sales per month. This time sellers weren't able to find buyers for their properties, resulting in another 30 day period of no sales.

Curious as to which homes have been getting the most attention in Alma? These listings have stirred up interest and produced the most views:

$195K  

Typical Dwelling

The typical dwelling in Alma is a three-bedroom detached home worth about $150,400. To purchase a similar home, a buyer with good credit and a $30,080 cash down payment could obtain a mortgage with a 3.95% interest rate and a $100 monthly payment. The property tax rate is $16.20 per $1,000 of taxable assessed value.

Get started right now by checking out Alma homes for sale or reviewing Alma real estate trends.


Data reported through 10/13/2016

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