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Featured local agent — Selma, AL
Sarah Mitchell
Compass Real Estate · Selma, AL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Selma, AL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$115,000median sale price
How is the Selma, AL housing market right now?
The median home sale price in Selma, AL is $115,000, up 85.5% year-over-year. Homes sell in an average of 86 days with 50 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Selma a buyer's or seller's market?
Selma, AL is currently a buyer's market, based on 8.3 months of supply and homes selling in about 86 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
86
Average pace
Active listings
50
8.3 months supply
Sale-to-list
95.1%
Below asking
What does the Selma housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $115,000 |
| Median list price | $98,400 |
| Year-over-year price change | +85.5% |
| Average days on market | 86 days |
| Active inventory | 50 listings |
| Months of supply | 8.3 months |
| Sale-to-list price ratio | 95.1% |
| Median price per sq ft | $54/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 13 |
| Listings with a price cut | 18.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Selma by property type?
How the Selma, AL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $115,000 | $54/sq ft | 6 | 86 days |
| Townhouse | $66,200 | $56/sq ft | 1 | 36 days |
Source: Redfin · Updated monthly
The Selma housing market is currently classified as a buyer's market with a median sale price of $115,000. Prices have risen 85.5% compared to last year, with homes spending an average of 86 days on market, indicating 8.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 2.5x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Selma
There are currently 50 homes listed for sale in Selma, Alabama. The median listing price is $98K.
Active listings
50
Homes on market
Median list price
$98K
Avg. days on market
86
Days until sale
New this week
13
Newly listed
Who lives in Selma?
Population
17,442
Median income
$32,184/yr
Median age
39.4 years
Owner-occupied
46.1%
College grads
19.0%
Avg commute
24.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Selma?
Zillow home value
$80,265
Price-to-income
2.5x
Source: Zillow Research
What is it like to live in Selma?
Selma is a community of approximately 17K residents with a median age of 39.4 years.The median household income is $32,184, which represents a working-class community with solid middle-income opportunities. 19.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 46.1%, showing a blend of owner and renter-occupied properties. The average commute time is 24.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Selma offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Selma?
17 schools tracked · 3,589 students
The largest public schools serving Selma, AL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Selma High School
Grades 9-12 · 687 students
Edgewood Elementary School
Grades K-6 · 407 students
Meadowview Elementary School
Grades K-6 · 344 students
Sophia P Kingston Elementary School
Grades PK-6 · 302 students
The RBHudson STEAM Academy
Grades 7-8 · 299 students
Southside High School
Grades 9-12 · 278 students
Saints Virtual Academy
Grades 4-12 · 272 students
Brantley Elementary School
Grades PK-6 · 201 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Selma, AL?
Want a head-to-head view? Compare Selma side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Selma?
The median home sale price in Selma is $115,000, up 85.5% from last year.
How long do homes stay on market in Selma?
Homes typically spend 86 days on market before going under contract.
What is the median income in Selma?
The median household income is $32,184 per year.
Is Selma a buyer's or seller's market?
With 8.3 months of supply, Selma is currently a buyer's market.
What is the Zillow home value estimate for Selma?
The Zillow Home Value Index (ZHVI) for Selma is $80,265, representing the typical home value in the area.
How much does a single-family home cost in Selma?
The median single-family home price in Selma, AL is $115,000 (about $54 per square foot).
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