Is Alma, NY 14708 a buyer’s or seller’s market?
Alma is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Alma housing market right now
In the three months ending August 31, 2026, 0% of homes in Alma, NY 14708 sold above their list price, the typical home went under contract in 19 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
Within Allegany County, homes here sell faster than in 68% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Houghton 14744 (100% sold over asking) and Caneadea 14717 (75% sold over asking) are even more competitive.
Run the numbers for 14708
Nearby markets
Alfred 14802Balanced $101 /sq ftAlfred Station 14803 — /sq ftAlmond 14804Balanced $151 /sq ftAndover 14806Buyer’s market $65 /sq ft Browse all markets →Where Alma is
Loading map…
Questions about Alma real estate
Is Alma a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Alma, NY 14708 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Alma?
The typical home went under contract in 19 days in the latest three months.
Do homes in Alma sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Alma?
About 2.92% of a home’s value a year in Allegany County, or roughly $11,680 on a $400,000 home.
What is the median home price in Alma?
The median sale price was $189,918 in the three months ending August 31, 2026, about $317 per square foot.
Local agents
See all agents in 14708 →No sponsored agents in 14708 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 14708
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology