Alma, IL housing market
The typical Alma home is worth about $123,000, up 4.1% in a year, 59% below the Illinois typical home.
Home values, sales, trends and how Alma compares with the towns next door — updated as new data is published.
Alma at a glance
Typical home value, 2021–2026
Show as a table
| January | Alma | Illinois |
|---|---|---|
| 2022 | $99,000 | $236,000 |
| 2023 | $105,000 | $248,000 |
| 2024 | $116,000 | $263,000 |
| 2025 | $117,000 | $278,000 |
| 2026 | $124,000 | $290,000 |
| August 2026 | $123,000 | $298,000 |
Alma and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Alma | $123K | +4.1% | $930 | $80,000 |
| Stevenson | — | +12.5%† | $940 | $93,138 |
| Kinmundy | $87K | +13.7% | $920 | $58,214 |
| Tonti | — | +12.5%† | $950 | $70,130 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $930
HUD's Fair Market Rent for a two-bedroom in Alma is $930 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Alma pay a median of $534, so moving in tends to cost more than staying put.
Studio $670 · 4 bedrooms $1,550
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (62807, 62849, 62854, 62881; Marion County, IL), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Alma
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.