Expensive
Affordable
Affordable
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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 $214,296, lower than the North Carolina average of $323,314.
The average cost of rent is $998/mo in Selma, primarily driven by the current value of real estate in the Selma area. In Selma, 33.24% of households rent, and 43.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Selma is $6,060 per month. Households that rent pay about 16.48% of their income on rent here. Selma’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Micro, NC: equally priced homes
- Wilsons Mills, NC: higher priced homes
- Pine Level, NC: equally priced homes
- Beulahtown, NC: less expensive homes
- Smithfield, NC: higher priced homes
- Kenly, NC: equally priced homes
- Watson Crossroads, NC: equally priced homes
- Archer Lodge, NC: higher priced homes
- Princeton, NC: equally priced homes
- Flowers, NC: higher priced homes
Cities with Similar Populations
- Highland, MI: higher priced homes
- Hudson, NY: higher priced homes
- Abington, MA: higher priced homes
- Horsham, PA: higher priced homes
- Holmen, WI: higher priced homes
- Holmdel, NJ: higher priced homes
- Hollins, VA: higher priced homes
- Hillsboro, OH: less expensive homes
- Hillsboro, MO: higher priced homes
- Highland Village, TX: higher priced homes
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