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Short Sale Listings in Selma, OR

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Selma, OR Foreclosures

How much do homes sell for in Selma, OR?
The average home price is currently $376,933.
In Selma, OR, how many homes are available?
There are currently 1 active home listings available in Selma.
What’s the average rental cost in Selma, OR?
The average rental price in Selma is $1,195.
What is the most expensive home in Selma?
The most expensive home sold in Selma had a price of $3,717,900.
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, located in southern Oregon's scenic Illinois Valley, offers a peaceful lifestyle surrounded by nature. This charming town features outdoor activities such as hiking and fishing, along with a friendly community feel. Though small, Selma has the essential amenities you need, while also being close to larger urban centers for additional services and entertainment.

Current Market Conditions in Selma, OR

The real estate market in Selma is relatively stable, showing signs of steady demand for homes. Prices have been moderate, appealing to both first-time homebuyers and those looking for vacation properties. Properties tend to move quickly, often due to the area's charm and outdoor appeal, indicating a competitive market compared to urban locales.

Recently, Selma has experienced a small uptick in market interest as more people seek homes in tranquil, nature-rich environments. The demand increases are driven by remote work opportunities, with urban dwellers looking for affordable housing in picturesque rural areas.

Home Value Estimator For Selma, OR

There are currently 1,187 real estate properties in Selma, OR, with a median automated valuation model (AVM) price of $330,190.00. 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 $376,933.00, with the most expensive house in Selma, OR, topping out at $3,717,900.00 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 $1,195.00. 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 Short Sale Listings

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