Home prices
Alma's median home value is $109,900. Compared to the surrounding areas this is approximately $42,680 (63%) higher.It is roughly $107,600 (49%) lower compared to the nation as a whole, and compared to the city of Grand Island it is approximately $30,900 (21%) lower.
Rents
The median monthly rent in Alma is $706. This is approximately $115 (19%) higher in comparison to other places in this area.In comparison to the US as a whole it is roughly $356 (33%) lower, and compared to the city of Grand Island it is approximately $61 (7%) lower.
Nearby places
Orleans
Orleans is approximately 4 miles northwest from Alma. Housing prices there are significantly less expensive. The price of the median home in Orleans is $57,300, which works out to $52,600 (91%) lower than Alma. Rent there is a lot less expensive. In Orleans the median monthly rent is $424, which comes out to $282 (66%) lower than Alma.
Oxford
Oxford is about 15 miles northwest from Alma. Its real estate prices are a lot less expensive. Oxford's median home value is $58,300, which comes out to $51,600 (88%) lower than Alma. The rent there is a bit more expensive. In Oxford the median rent is $808 per month, which comes out to $102 (12%) higher than Alma.
Franklin
Franklin is roughly 18 miles east of Alma. The housing prices there are significantly less expensive. The price of the median home in Franklin is $77,900, which comes out to $32,000 (41%) lower than Alma. The rent there is substantially less expensive. The median monthly rent in Franklin is $438, which is $268 (61%) lower than Alma.
Wilcox
Wilcox is roughly 19 miles northeast from Alma. Real estate prices there are somewhat less expensive. The value of the median home in Wilcox is $84,500, which comes out to $25,400 (30%) lower than Alma. Rents there are fairly similar. Wilcox's median monthly rent is $717, which works out to $11 (1%) higher than Alma.
Beaver City
Beaver City is approximately 21 miles west from Alma. Housing prices there are significantly less expensive. The median home in Beaver City costs $58,100, which comes out to $51,800 (89%) lower than Alma. Its rents are a little less expensive. Beaver City's median monthly rent is $568, which is $138 (24%) lower than Alma.
