Home prices
The median home in Selma is valued at $105,200. In comparison to its surrounding areas it is roughly $8,740 (7%) lower.Compared to the US as a whole it is roughly $112,300 (51%) lower, and it is approximately $143,100 (57%) lower compared to the city of Raleigh.
Rents
Selma's median rent is $820 a month. It is roughly $43 (5%) higher compared to other places in this area.Compared to the entire country it is roughly $242 (22%) lower, and compared to the city of Raleigh is roughly $301 (26%) lower.
Nearby places
Smithfield
Smithfield is Selma's neighbor to the southwest. The housing prices there are a bit more expensive. The median home value in Smithfield is $142,200, which comes out to $37,000 (26%) higher than Selma. Its rents are a little less expensive. In Smithfield the median monthly rent is $688, which works out to $132 (19%) lower than Selma.
Wilson's Mills
Wilson's Mills is Selma's neighbor to the northwest. Real estate prices there are a little more expensive. Wilson's Mills's median home price is $129,400, which comes out to $24,200 (18%) higher than Selma. The rent there is a little more expensive. Wilson's Mills's median rent is $1,008 per month, which comes out to $188 (18%) higher than Selma.
Pine Level
Pine Level is roughly 3 miles southeast of Selma. Its real estate prices are a little more expensive. Pine Level's median home cost is $128,800, which works out to $23,600 (18%) higher than Selma. Rents there are somewhat less expensive. In Pine Level the median monthly rent is $734, which is $86 (11%) lower than Selma.
Micro
Micro is approximately 4 miles east of Selma. Its real estate prices are somewhat less expensive. The median home in Micro costs $85,400, which is $19,800 (23%) lower than Selma. Rent there is somewhat less expensive. In Micro the median rent is $769 a month, which is $51 (6%) lower than Selma.
Kenly
Kenly is roughly 8 miles east from Selma. Its housing prices are somewhat less expensive. The value of the median home in Kenly is $83,900, which is $21,300 (25%) lower than Selma. Its rents are a little less expensive. The median rent in Kenly is $687 a month, which is $133 (19%) lower than Selma.
