Similar to other places in this area, it's a lot less expensive compared to the nation as a whole. Compared to the city of Pierre, it is substantially less expensive.
Home prices
The median home value in Selby is $66,000. Compared to its surrounding areas it is approximately $2,520 (3%) higher.Compared to the United States as a whole it is roughly $151,500 (69%) lower, and compared to the city of Pierre is approximately $109,600 (62%) lower.
Rents
In Selby the median monthly rent is $519. Compared to other places in this area this is approximately $78 (13%) lower.It is roughly $543 (51%) lower in comparison to the country as a whole, and it is roughly $148 (22%) lower in comparison to the city of Pierre.
Nearby places
Java
Java is roughly 6 miles east from Selby. Housing prices there are significantly less expensive. The median home cost in Java is $47,500, which comes out to $18,500 (38%) lower than Selby. Its rents are substantially more expensive. Java's median monthly rent is $833, which is $314 (37%) higher than Selby.
Bowdle
Bowdle is roughly 15 miles east from Selby. Its housing prices are similar. The value of the median home in Bowdle is $69,300, which is $3,300 (4%) higher than Selby. The rent there is similar. In Bowdle the median rent is $533 a month, which comes out to $14 (2%) higher than Selby.
Mobridge
Mobridge is roughly 16 miles west of Selby. Real estate prices there are a little more expensive. The median home value in Mobridge is $89,500, which works out to $23,500 (26%) higher than Selby. The rent there is somewhat more expensive. Mobridge's median monthly rent is $694, which is $175 (25%) higher than Selby.
Hoven
Hoven is about 19 miles southeast of Selby. The housing prices there are a little more expensive. The median home in Hoven costs $82,000, which comes out to $16,000 (19%) higher than Selby. Its rents are somewhat less expensive. The median rent in Hoven is $493 per month, which works out to $26 (5%) lower than Selby.
Hosmer
Hosmer is roughly 23 miles east from Selby. Its real estate prices are substantially less expensive. The cost of the median home in Hosmer is $29,100, which works out to $36,900 (126%) lower than Selby. Rents there are a bit less expensive. The median rent in Hosmer is $433 a month, which comes out to $86 (19%) lower than Selby.