Much like its nearby areas, it's a bit less expensive compared to the entire nation. However compared to the city of San Antonio, it's somewhat more expensive.
Home prices
The median home in Selma costs $188,300. In comparison to other places in this area it is approximately $2,820 (1%) higher.Compared to the US as a whole it is about $29,200 (13%) lower, and it is about $41,900 (28%) higher compared to the city of San Antonio.
Rents
In Selma the median rent is $1,442 per month. Compared to nearby areas it is roughly $168 (13%) higher.Compared to the rest of the country it is about $380 (35%) higher, and it is about $450 (45%) higher in comparison to the city of San Antonio.
Nearby places
Universal City
Universal City is Selma's neighbor to the south. Housing prices there are somewhat less expensive. The median home in Universal City costs $168,300, which is $20,000 (11%) lower than Selma. Rent there is a lot less expensive. Universal City's median monthly rent is $985, which comes out to $457 (46%) lower than Selma.
Live Oak
Live Oak is Selma's neighbor to the southwest. The real estate prices there are a little less expensive. The value of the median home in Live Oak is $151,200, which is $37,100 (24%) lower than Selma. Rents there are a bit less expensive. Live Oak's median monthly rent is $1,133, which comes out to $309 (27%) lower than Selma.
Schertz
Schertz is Selma's neighbor to the southeast. Housing prices there are somewhat more expensive. The median home in Schertz costs $211,700, which is $23,400 (11%) higher than Selma. Rents there are somewhat less expensive. In Schertz the median monthly rent is $1,322, which is $120 (9%) lower than Selma.
Cibolo
Cibolo is roughly 5 miles east from Selma. The real estate prices there are somewhat more expensive. The value of the median home in Cibolo is $230,800, which comes out to $42,500 (18%) higher than Selma. Rents there are a little more expensive. Cibolo's median monthly rent is $1,723, which comes out to $281 (16%) higher than Selma.
Converse
Converse is roughly 5 miles south of Selma. Housing prices there are a bit less expensive. The median home in Converse is valued at $165,400, which comes out to $22,900 (13%) lower than Selma. Rents there are somewhat less expensive. In Converse the median monthly rent is $1,208, which comes out to $234 (19%) lower than Selma.
