Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Selma area can be challenging. Home prices in Selma are now at a median cost of $60,410, lower than the Arkansas average of $160,541.
The average cost of rent is $741/mo in Selma, primarily driven by the current value of real estate in the Selma area. While nearly 74.60% of residents own their homes outright in Selma, 14.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Selma is $5,438 per month. Households that rent pay about 13.62% of their income on rent here. Selma's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Florence, AR: higher priced homes
- Reed, AR: higher priced homes
- Yukon, AR: higher priced homes
- Cominto, AR: higher priced homes
- Jerome, AR: higher priced homes
- Collins, AR: higher priced homes
- Winchester, AR: higher priced homes
- Tillar, AR: higher priced homes
- McGehee, AR: higher priced homes
- Monticello, AR: higher priced homes
Cities with Similar Populations
- Falcon, AR: less expensive homes
- Davenport, ND: higher priced homes
- Ypsilanti, ND: higher priced homes
- Del Sur, CA: higher priced homes
- Whiteface, NY: higher priced homes
- White Acres, TN: higher priced homes
- Whitcomb, WI: higher priced homes
- East Laurinburg, NC: equally priced homes
- Eastport, MI: higher priced homes
- Egypt, AL: higher priced homes
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