Selma, AL Real Estate

According to census data in the year 2000 there were 9,247 housing units in Selma. This represents a 3.2% decline from 9,556 in 1990.

Of those housing units, 9,055 were located in either urbanized areas or urban clusters, and 192 were located in what is classified as a rural area.

Homeownership rate in Selma is about 52.9%. Selma's vacancy rate, including seasonal lodging, is about 12%. Average household size is 2.45 people.

The majority of houses, apartments or condos in Selma were built after 1963.


Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom12.10%
Two Bedrooms30.20%
Three Bedrooms43.60%
Four Bedrooms10.30%
Five Bedrooms or more2.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1962
Median Value of occupied units$61,600
Median Price asked for vacant units$25,000

Rented Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1965
Median Monthly Rent asked for vacant units$264

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.30%
Home Equity Loan4%
Simple Mortgage42.90%
Debt Free47.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.6%