Is Alma, MO 64001 a buyer’s or seller’s market?
Alma is a seller’s market. With about 1.3 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, MO 64001 sold above their list price, the typical home went under contract in 47 days and there were 1.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (245 days then) and the median sale price fell 35% to $219,905. Overall, Alma is more competitive than a year ago, so tougher for buyers.
Within Lafayette County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Wellington 64097 (50% sold over asking) and Higginsville 64037 (37% sold over asking) are even more competitive.
Run the numbers for 64001
Nearby markets
Bates City 64011Seller’s market $200 /sq ftConcordia 64020Seller’s market $138 /sq ftCorder 64021 $94 /sq ftHigginsville 64037Seller’s market $151 /sq ft Browse all markets →Where Alma is
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Questions about Alma real estate
Is Alma a buyer’s or seller’s market?
A seller’s market: there were 1.3 months of supply in Alma, MO 64001 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 47 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 98.2% of the list price.
What are property taxes in Alma?
About 0.73% of a home’s value a year in Lafayette County, or roughly $2,920 on a $400,000 home.
What is the median home price in Alma?
The median sale price was $219,905 in the three months ending August 31, 2026, about $104 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology