Selma, AL
Housing market overview · Updated weekly
$102,000median sale price
Homes sold
7
Last 12 weeks
Days on market
84
Average pace
Active listings
65
9.3 months supply
Sale-to-list
93.9%
Below asking
The Selma housing market is currently classified as a buyer's market with a median sale price of $102,000. Prices have risen 456.4% compared to last year, with homes spending an average of 84 days on market, indicating 9.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Selma
There are currently 65 homes listed for sale in Selma, Alabama. The median listing price is $60K.
Active listings
65
Homes on market
Median list price
$60K
Avg. days on market
84
Days until sale
New this week
13
Newly listed
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Frequently asked questions
What is the average home price in Selma?
The median home sale price in Selma is $102,000, up 456.4% from last year.
How long do homes stay on market in Selma?
Homes typically spend 84 days on market before going under contract.
Is Selma a buyer's or seller's market?
With 9.3 months of supply, Selma is currently a buyer's market.
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