Selma, IA Foreclosures
How much do homes sell for in Selma, IA?
The average home price is currently $185,328.
What’s the average rental cost in Selma, IA?
The average rental price in Selma is $1,142.
What is the most expensive home in Selma?
The most expensive home sold in Selma had a price of $577,500.
What is currently the cheapest priced home in Selma, IA?
The cheapest home for sale in Selma is priced at $14,214.
Living in Selma, IA
Selma, IA is a charming small town perfect for those who value a peaceful lifestyle. Nestled in nature, it offers various outdoor activities while providing essential amenities. With a strong community spirit and access to nearby towns, Selma is ideal for families and retirees alike.
Current Market Conditions in Selma, IA
The real estate market in Selma has shown signs of stability, with steady demand for affordable housing options. The quaint charm of the community continues to attract home buyers seeking tranquility and outdoor experiences.
Prices in Selma remain affordable, making it an attractive option for first-time home buyers. Over the past few months, interest rates have led to lower activity in the market, but the demand for homes continues as buyers recognize the benefit of living in a close-knit community.
Home Value Estimator For Selma, IA
There are currently 71 real estate properties
in Selma, IA,
with a median automated valuation model (AVM) price
of $159,582.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Selma, IA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Selma, IA,
is $185,328.00, with the most expensive house
in Selma, IA, topping out
at $577,500.00 and the cheapest home
in Selma, IA,
clocking in at $14,214.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Selma, IA!
Rent Prices
In Selma, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Selma, IA, is on
a rollercoaster ride. The
average rent price in Selma, IA,
is $1,142.00. Indeed, when looking to rent in
Selma, IA, you can expect to pay as little
as $760.00 or as much
as $1,680.00,
with the average rent median estimated to
be $1,140.00. The good news is that finding
an affordable and desirable property to rent in Selma, IA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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