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Foreclosure Homes in Selma, NC

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Selma, NC Foreclosures

How much do homes sell for in Selma, NC?
The average home price is currently $276,182.
In Selma, NC, how many homes are available?
There are currently 24 active home listings available in Selma.
What’s the average rental cost in Selma, NC?
The average rental price in Selma is $1,022.
What is the most expensive home in Selma?
The most expensive home sold in Selma had a price of $6,077,051.
What is currently the cheapest priced home in Selma, NC?
The cheapest home for sale in Selma is priced at $10,755.

Living in Selma, NC

Selma, NC, is an inviting small town characterized by its southern charm, strong community ties, and easy access to amenities. With a rich history and family-oriented atmosphere, it serves as an ideal place for both living and investing in real estate. The area supports a range of recreational activities and has a growing real estate market.

Current Market Conditions in Selma, NC

The Selma real estate market is currently witnessing steady growth, driven by an influx of new residents attracted by the town's affordability and quality of life. Home prices have seen an uptick as demand increases, making this a favorable time for investors looking to capitalize on emerging opportunities.

With ongoing developments and improvements in infrastructure, Selma is becoming increasingly desirable. Investors can expect a positive return on investment as the area continues to develop and attract new businesses and families.

Home Value Estimator For Selma, NC

There are currently 5,289 real estate properties in Selma, NC, with a median automated valuation model (AVM) price of $240,862.00. 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, NC, 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, NC, is $276,182.00, with the most expensive house in Selma, NC, topping out at $6,077,051.00 and the cheapest home in Selma, NC, clocking in at $10,755.00. In other words, there’s something for every potential homebuyer or savvy investor in Selma, NC!

Rent Prices In Selma, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Selma, NC, is on a rollercoaster ride. The average rent price in Selma, NC, is $1,022.00. Indeed, when looking to rent in Selma, NC, you can expect to pay as little as $550.00 or as much as $3,180.00, with the average rent median estimated to be $960.00. The good news is that finding an affordable and desirable property to rent in Selma, NC -- 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.

Selma, NC Foreclosures


Market Trend for Selma, NC

Total Listings Available: 24

Market Values:

Home Prices from $10,755 to $6,077,051

Average Sales Price: $276,182

Rental Values:

Rental from $550 to $3,180

Average Rent Value: $1,022 / month

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