Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Selmer area can be challenging. Home prices in Selmer are now at a median cost of $108,549, lower than the Tennessee average of $218,916.
The average cost of rent is $579/mo in Selmer, primarily driven by the current value of real estate in the Selmer area. While nearly 57.46% of residents own their homes outright in Selmer, 24.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in Selmer is $3,278 per month. Households that rent pay about 17.67% of their income on rent here. Selmer's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Old Lawton, TN: equally priced homes
- Eastview, TN: higher priced homes
- Bethel Springs, TN: equally priced homes
- Ramer, TN: higher priced homes
- Stantonville, TN: higher priced homes
- Griffith, TN: higher priced homes
- Gilchrist, TN: less expensive homes
- Guys, TN: higher priced homes
- Masseyville, TN: higher priced homes
- West Shiloh, TN: equally priced homes
Cities with Similar Populations
- Winslow, ME: higher priced homes
- Headland, AL: higher priced homes
- Heber, CA: higher priced homes
- Helena Valley Southeast, MT: higher priced homes
- Helena Valley West Central, MT: higher priced homes
- Helena-West Helena, AR: less expensive homes
- Hempstead, TX: higher priced homes
- Henryetta, OK: less expensive homes
- Hiawatha, IA: higher priced homes
- Hickam Housing, HI: higher priced homes
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