Market Overview
Home Prices in Alma, MO
The median home value in Alma, MO is $225,019 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.5% compared to a year ago and up 10.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Alma are priced45% below average. Alma is part of the Kansas City, MO-KS metro area.
Over the past five years, Alma home values have risen by approximately45.6%, reflecting strong long-term appreciation in this market.
Price History
Alma Home Price Trend
2020
$125,154
$125K
—
2021
$154,574
$155K
+23.5%
2022
$174,523
$175K
+12.9%
2023
$182,280
$182K
+4.4%
2024
$185,204
$185K
+1.6%
2025
$205,426
$205K
+10.9%
2026
$225,019
$225K
+9.5%
City Comparison
Alma vs. National Median
🏠 Alma
$225,019
National Median
$410,000
At $225,019, homes in Alma cost 45% below the national median of $410,000. This makes Alma a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Alma?
20% Down Payment
$45,004
on $225,019
Monthly P&I
$1,174/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,491/mo
incl. taxes & insurance
Income Needed
$59,640
gross annual (30% rule)
10% Down Option
$22,502
+ PMI applies
Loan Amount (20% dn)
$180,015
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, MO?
The median home value in Alma is $225,019 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.5% year-over-year.
How much have home prices changed in Alma?
Over the past year, home values in Alma have increased by 9.5%. Over five years, prices have risen approximately 45.6%.
How much do I need to earn to buy a home in Alma?
To comfortably afford the median home price of $225,019 with a 20% down payment ($45,004) at today's rates (6.8%), you'd need a gross annual income of approximately $59,640. 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 $225,019, homes in Alma are 45% below the national average.
What metro area is Alma part of?
Alma is part of the Kansas City, MO-KS metropolitan area. Home prices and market conditions can vary across the broader metro region.