Home prices
The median home in Selma is valued at $87,300. In comparison to nearby areas this is roughly $13,540 (18%) higher.Compared to the United States as a whole it is roughly $130,200 (59%) lower, and compared to the city of Birmingham it is about $3,800 (4%) lower.
Rents
Selma's median monthly rent is $612. In comparison to nearby areas it is about $47 (8%) higher.It is about $450 (42%) lower in comparison to the nation as a whole, and in comparison to the city of Birmingham is approximately $225 (26%) lower.
Nearby places
Selmont-West Selmont
Selmont-West Selmont is Selma's neighbor to the southeast. Housing prices there are substantially less expensive. The value of the median home in Selmont-West Selmont is $34,400, which works out to $52,900 (153%) lower than Selma. Rents there are somewhat more expensive. The median rent in Selmont-West Selmont is $710 per month, which works out to $98 (13%) higher than Selma.
Valley Grande
Valley Grande is Selma's neighbor to the north. Its housing prices are significantly more expensive. Valley Grande's median home value is $143,600, which comes out to $56,300 (39%) higher than Selma. Its rents are a bit more expensive. Valley Grande's median rent is $681 per month, which works out to $69 (10%) higher than Selma.
Orrville
Orrville is approximately 13 miles southwest from Selma. Housing prices there are a little less expensive. Orrville's median home value is $81,100, which is $6,200 (7%) lower than Selma. Rent there is a lot less expensive. In Orrville the median rent is $287 a month, which comes out to $325 (113%) lower than Selma.
White Hall
White Hall is approximately 18 miles southeast from Selma. The housing prices there are significantly less expensive. The price of the median home in White Hall is $55,000, which is $32,300 (58%) lower than Selma. Rents there are a bit more expensive. In White Hall the median rent is $718 a month, which works out to $106 (14%) higher than Selma.
Autaugaville
Autaugaville is about 19 miles east from Selma. Real estate prices there are significantly less expensive. Autaugaville's median home cost is $54,700, which is $32,600 (59%) lower than Selma. The rent there is a lot less expensive. In Autaugaville the median monthly rent is $427, which comes out to $185 (43%) lower than Selma.