Foreclosure Homes in Selma, OR 97538

Current Market Conditions in Selma, OR

The real estate market in Selma, OR, is characterized by relatively stable prices, with a slight increase in demand for homes. Buyers are increasingly attracted to the natural beauty and tranquility this area has to offer, which has spurred interest from both local and out-of-state buyers looking for vacation homes or retirement options.

Currently, the average home price has shown a modest appreciation over the past six months, reflecting a steady growth trend as the population continues to explore areas outside of larger cities in search of more space and a peaceful environment.

Rent Prices In Selma, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Selma, OR, is on a rollercoaster ride. The average rent price in Selma, OR, is $1,194.00. Indeed, when looking to rent in Selma, OR, you can expect to pay as little as $620.00 or as much as $2,300.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Selma, OR -- 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.