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Foreclosure Homes in Selma, OR 97538

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Selma, OR Foreclosures

How much do homes sell for in Selma, OR?
The average home price is currently $378,068.
In Selma, OR, how many homes are available?
There are currently 2 active home listings available in Selma.
What’s the average rental cost in Selma, OR?
The average rental price in Selma is $1,194.
What is the most expensive home in Selma?
The most expensive home sold in Selma had a price of $3,737,895.
What is currently the cheapest priced home in Selma, OR?
The cheapest home for sale in Selma is priced at $25,643.

Living in Selma, OR

Selma, Oregon, is a quaint community nestled in Josephine County that promotes a relaxed lifestyle. Surrounded by natural beauty, residents have access to numerous outdoor activities. The town's amenities, alongside its friendly atmosphere, make it a fantastic place for families, retirees, and real estate investors.

Current Market Conditions in Selma, OR

The real estate market in Selma is currently experiencing moderate growth, with increasing demand for homes driven by the area's natural beauty and peaceful environment. Many prospective buyers are looking for properties that offer more space and a connection with nature, leading to favorable conditions for investment.

As more individuals prioritize remote work and seek out quieter living conditions, Selma presents a prime opportunity for real estate investors. The combination of affordable housing options and a steadily growing population indicates potential for property value appreciation over time.

Home Value Estimator For Selma, OR

There are currently 1,191 real estate properties in Selma, OR, with a median automated valuation model (AVM) price of $328,249.00. 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, OR, 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, OR, is $378,068.00, with the most expensive house in Selma, OR, topping out at $3,737,895.00 and the cheapest home in Selma, OR, clocking in at $25,643.00. In other words, there’s something for every potential homebuyer or savvy investor in Selma, OR!

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.

Selma, OR 97538 Foreclosures


Market Trend for Selma, OR

Total Listings Available: 2

Market Values:

Home Prices from $25,643 to $3,737,895

Average Sales Price: $378,068

Rental Values:

Rental from $620 to $2,300

Average Rent Value: $1,194 / month

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