Market Overview
Home Prices in Alma, CO
The median home value in Alma, CO is $606,210 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.7% compared to a year ago and down 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Alma are priced48% above average. Alma is part of the Denver-Aurora-Lakewood, CO metro area.
Over the past five years, Alma home values have risen by approximately24.7%, reflecting strong long-term appreciation in this market.
Price History
Alma Home Price Trend
City Comparison
Alma vs. National Median
At $606,210, homes in Alma cost 48% above the national median of $410,000. Buyers in Alma should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Alma?
20% Down Payment
$121,242
on $606,210
Monthly P&I
$3,162/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,016/mo
incl. taxes & insurance
Income Needed
$160,640
gross annual (30% rule)
10% Down Option
$60,621
+ PMI applies
Loan Amount (20% dn)
$484,968
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Alma, CO?
The median home value in Alma is $606,210 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.7% year-over-year.
How much have home prices changed in Alma?
Over the past year, home values in Alma have decreased by 2.7%. Over five years, prices have risen approximately 24.7%.
How much do I need to earn to buy a home in Alma?
To comfortably afford the median home price of $606,210 with a 20% down payment ($121,242) at today's rates (6.8%), you'd need a gross annual income of approximately $160,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Alma compare to the national average home price?
The national median home value is approximately $410,000. At $606,210, homes in Alma are 48% above the national average.
What metro area is Alma part of?
Alma is part of the Denver-Aurora-Lakewood, CO metropolitan area. Home prices and market conditions can vary across the broader metro region.