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Featured local agent — Selma, NC

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Selma, NC

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Selma, NC(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Selma, NC Housing Market & Real Estate

Balanced market-13.0% YoY

Housing market overview · Updated monthly ·

$207,500median sale price

How is the Selma, NC housing market right now?

The median home sale price in Selma, NC is $207,500, down 13.0% year-over-year. Homes sell in an average of 18 days with 24 active listings. The market is currently a balanced 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?

Balanced market3.0 months of supply18 avg. days on market

Selma, NC is currently a balanced market, based on 3.0 months of supply and homes selling in about 18 days. How we determine this →

Homes sold

8

Last 12 weeks

Days on market

18

Fast-moving

Active listings

24

3.0 months supply

Sale-to-list

95.6%

Below asking

What does the Selma housing market data show?

Current housing market statistics for Selma, NC
MetricValue
Median sale price$207,500
Median list price$299,706
Year-over-year price change-13.0%
Average days on market18 days
Active inventory24 listings
Months of supply3.0 months
Sale-to-list price ratio95.6%
Median price per sq ft$152/sq ft
Homes sold (latest month)8
New listings (latest month)9
Listings with a price cut20.8%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Selma by property type?

How the Selma, NC market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Selma, NC
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$205,000$158/sq ft717 days
Townhouse$225,000$156/sq ft115 days

Source: Redfin · Updated monthly

The Selma housing market is currently classified as a balanced market with a median sale price of $207,500. Prices have fallen 13.0% compared to last year, with homes spending an average of 18 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.4x provides context for how home values compare to local earning capacity.

Homes for sale in Selma

There are currently 24 homes listed for sale in Selma, North Carolina. The median listing price is $300K.

Active listings

24

Homes on market

Median list price

$300K

Avg. days on market

18

Days until sale

New this week

9

Newly listed

Price drops:20.8%of listings
Sale-to-list:95.6%

Who lives in Selma?

Population

6,611

Median income

$37,440/yr

Median age

33.6 years

Owner-occupied

43.6%

College grads

12.5%

Avg commute

27.8 min

Source: U.S. Census Bureau ACS

What are homes worth in Selma?

Zillow home value

$277,794

Price-to-income

7.4x

Source: Zillow Research

What is it like to live in Selma?

Selma is a community of approximately 7K residents with a median age of 33.6 years.The median household income is $37,440, which represents a working-class community with solid middle-income opportunities. 12.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 43.6%, showing a blend of owner and renter-occupied properties. The average commute time is 27.8 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?

3 schools tracked · 1,914 students

The largest public schools serving Selma, NC 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.

Thanksgiving Elementary

Grades PK-5 · 813 students

Public

Selma Elementary

Grades PK-5 · 766 students

Public

Selma Middle School

Grades 6-8 · 335 students

Public

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, NC?

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 $207,500, down 13.0% from last year.

How long do homes stay on market in Selma?

Homes typically spend 18 days on market before going under contract.

What is the median income in Selma?

The median household income is $37,440 per year.

Is Selma a buyer's or seller's market?

With 3.0 months of supply, Selma is currently a balanced market.

What is the Zillow home value estimate for Selma?

The Zillow Home Value Index (ZHVI) for Selma is $277,794, 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, NC is $205,000 (about $158 per square foot).

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