Foreclosure Homes in Selma, OR 97538

Current Market Conditions in Selma, OR

The real estate market in Selma has been relatively stable, with gradual price increases seen over the last few years. Affordable options are still available, making Selma an attractive destination for first-time buyers and retirees alike. The demand for homes in the area is bolstered by the natural beauty and amenities, with a particular interest in properties that offer land and privacy.

There is a growing trend of buyers looking for properties that provide space for gardening, outdoor activities, and privacy, leading to a surge in demand for larger plots of land. This is evident from recent listings which show an increase in homes with acreage.

Due to its picturesque setting and small-town charm, Selma continues to attract homebuyers looking for a peaceful retreat from urban life.

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 $1,200.00. Indeed, when looking to rent in Selma, OR, you can expect to pay as little as $620.00 or as much as $2,720.00, with the average rent median estimated to be $1,170.00. 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.