Homes for Sale Under 150K in Selma, AL

105 Homes for Sale

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Selma, AL Housing Market Overview

Selma is a buyer's market right now. Homes are sitting on the market for 153 days on average. With 15 months of supply, there's less pressure to rush and more room to negotiate on price and terms.

Status

Buyer's Market

Days on Market

153

Inventory

105

Aug 2021Mar 2024Mar 2026

Median Home Price

$157,950Up 0.55%

In Mar 2026 · YoY

Aug 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
105 Down 0.15%
Newly Listed Homes
11 Up 1.75%
Months of Supply
15 Up 3.20%

Housing Demand

Homes Sold
4 Down 0.00%
Sale-to-List Ratio
95.7% Up 0.10%
Homes Sold Above List
25% Up 8.33%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Selma Market Report
No. of Homes
Prices
Days on Market
Homes for Sale Birmingham
3,727
$293,450
50
Homes for Sale Shelby
3,053
$59,450
-
Homes for Sale Montgomery
1,536
$200,000
64
Homes for Sale Fairhope
515
$560,000
58
Homes for Sale Huntsville
20
$362,500
71
  • mls-img
    Based on information from the Montgomery Area Association of REALTORS® through Sep 26, 2026, 2:00 AM. Information is deemed reliable, but not guaranteed. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Copyright 2026 Multiple Listing Service of the Montgomery Area Association of REALTORS®. All Rights Reserved.
  • mls-img
    Based on information from the Greater Alabama MLS through Sep 26, 2026, 2:00 AM. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Greater Alabama MLS, Inc. All rights reserved.
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Selma, AL Housing Marketlink qauare
Homes Available icon

105

Homes Available

Median List Price icon

$ 157,950

Median List Price

Avg on Market icon

153 Days

Avg on Market

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