Home prices
Selmer's median home price is $98,700. In comparison to its surrounding areas this is roughly $15,580 (18%) higher.It is roughly $118,800 (54%) lower compared to the US as a whole, and is approximately $3,100 (3%) lower compared to the city of Memphis.
Rents
In Selmer the median monthly rent is $630. This is roughly $30 (4%) lower compared to its surrounding areas.In comparison to the nation as a whole it is approximately $432 (40%) lower, and it is about $271 (30%) lower in comparison to the city of Memphis.
Nearby places
Bethel Springs
Bethel Springs is Selmer's neighbor to the north. Its housing prices are substantially less expensive. Bethel Springs's median home value is $66,500, which works out to $32,200 (48%) lower than Selmer. Rent there is similar. Bethel Springs's median monthly rent is $656, which comes out to $26 (3%) higher than Selmer.
Eastview
Eastview is Selmer's neighbor to the south. The real estate prices there are somewhat less expensive. Eastview's median home value is $85,000, which comes out to $13,700 (16%) lower than Selmer. Rent there is similar. Eastview's median monthly rent is $656, which is $26 (3%) higher than Selmer.
Ramer
Ramer is approximately 7 miles south of Selmer. Its real estate prices are a bit less expensive. The median home in Ramer costs $82,100, which is $16,600 (20%) lower than Selmer. Its rents are a little more expensive. Ramer's median rent is $686 per month, which works out to $56 (8%) higher than Selmer.
Stantonville
Stantonville is about 8 miles east of Selmer. Its housing prices are a little less expensive. The median home in Stantonville costs $78,900, which works out to $19,800 (25%) lower than Selmer. Rent there is a little more expensive. Stantonville's median monthly rent is $725, which comes out to $95 (13%) higher than Selmer.
Guys
Guys is approximately 11 miles south of Selmer. Its housing prices are pretty similar. The median home in Guys is valued at $103,100, which is $4,400 (4%) higher than Selmer. Rent there is a bit less expensive. In Guys the median monthly rent is $577, which is $53 (9%) lower than Selmer.