Housing in Selma, AL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$123,000

Median List Price

$142,900

Price Per Sq Ft

$83

Days on Market

52

Active Inventory

59

Months of Supply

19.7

Buyer's market

Zillow Home Value

$73,873

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 51.4%List Price 110.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

27.3%

Sale-to-List Ratio

90.6%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
27.3%
Listings with Price Drops
11.9%

Market Activity

Source: Redfin

Homes Sold

3

New Listings

13

Pending Sales

11

Homes Sold 70.0%New Listings 0.0%Pending 83.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$83

Median List $/SF

$92

Sale $/SF 25.8%List $/SF 130.0%Mar 24Jan 26

Selma vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Selma is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$102,500

Median Rent

$723

Total Housing Units

9,449

Vacancy Rate

17.5%

Owner Occupied

46.1%

Renter Occupied

53.9%

Median Property Tax

$530

per year

Monthly Cost (w/ Mortgage)

$492

Housing Types

Single Family
64.7%
Multi-Family
34.2%
Mobile Home
1.1%

The current median sale price in Selma, AL is $123,000 according to Redfin data. Homes spend a median of 52 days on the market. 0.0% of homes sold above asking price. The market has 19.7 months of supply. The median price per square foot is $83. The median rent is $723 per month (Census ACS). About 46.1% of housing units are owner-occupied. The median year homes were built is 1969. There are 9,449 total housing units.