Condo Foreclosures in Selma, TX 78154

Current Market Conditions in Selma, TX

The Selma real estate market has seen consistent growth in recent years, driven by the area's appeal to families and professionals alike. The combination of affordable housing options and proximity to San Antonio has driven homebuying demand, contributing to a competitive market with moderate price increases overall. The area is noted for its diverse property types, ranging from single-family homes to townhouses, catering to a variety of buyer preferences.

In recent months, the market has seen an uptick in both listings and sales as inventory loosens slightly, allowing more potential buyers to enter the market. This improvement has created a balanced atmosphere where home prices have stabilized, albeit with some upward momentum due to the ongoing demand and limited housing supply.

Rent Prices In Selma, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Selma, TX, is on a rollercoaster ride. The average rent price in Selma, TX, is $1,504.00. Indeed, when looking to rent in Selma, TX, you can expect to pay as little as $930.00 or as much as $3,240.00, with the average rent median estimated to be $1,470.00. The good news is that finding an affordable and desirable property to rent in Selma, TX -- 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.