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Rent To Own Homes in Selma, VA

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Selma, VA Foreclosures

How much do homes sell for in Selma, VA?
The average home price is currently $142,017.
In Selma, VA, how many homes are available?
There are currently 14 active home listings available in Selma.
What’s the average rental cost in Selma, VA?
The average rental price in Selma is $812.
What is the most expensive home in Selma?
The most expensive home sold in Selma had a price of $6,120,700.
What is currently the cheapest priced home in Selma, VA?
The cheapest home for sale in Selma is priced at $20,118.

Living in Selma, VA

Selma, Virginia is a quaint town nestled in the scenic Alleghany Highlands, offering a charming small-town atmosphere with a strong sense of community. Residents enjoy access to natural beauty, with numerous outdoor activities available in the surrounding area. With its affordable housing options and friendly locals, Selma is an appealing choice for those seeking tranquility and connection with nature.

Current Market Conditions in Selma, VA

The real estate market in Selma, VA is relatively stable, characterized by affordable housing prices compared to larger urban areas. The market has seen a slight uptick in demand as more buyers are seeking homes in smaller towns with access to outdoor activities and a peaceful environment. Homes in Selma generally sell at a moderate pace, appealing to first-time buyers and retirees alike.

Home Value Estimator For Selma, VA

There are currently 210 real estate properties in Selma, VA, with a median automated valuation model (AVM) price of $105,969.00. 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, VA, 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, VA, is $142,017.00, with the most expensive house in Selma, VA, topping out at $6,120,700.00 and the cheapest home in Selma, VA, clocking in at $20,118.00. In other words, there’s something for every potential homebuyer or savvy investor in Selma, VA!

Rent Prices In Selma, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Selma, VA, is on a rollercoaster ride. The average rent price in Selma, VA, is $812.00. Indeed, when looking to rent in Selma, VA, you can expect to pay as little as $460.00 or as much as $1,270.00, with the average rent median estimated to be $790.00. The good news is that finding an affordable and desirable property to rent in Selma, VA -- 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, VA Rent To Own Homes

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