Selma, TX Real Estate
According to census data in the year 2000 there were 285 housing units in Selma.
This represents a 56.6% growth from 182 in 1990.
Of those housing units, 145 were located in either urbanized areas or urban clusters, and 140 were located in what is classified as a rural area.
Homeownership rate in Selma is about 68.4%.
Selma's vacancy rate, including seasonal lodging, is about 4.6%.
Average household size is 2.78 people.
The majority of houses, apartments or condos in Selma were built after 1985.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 9.50% |
| One Bedroom | 9.10% |
| Two Bedrooms | 13.70% |
| Three Bedrooms | 40.70% |
| Four Bedrooms | 25.60% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.42 |
| Median year structure was built | 1986 |
| Median Value of occupied units | $135,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.38 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.20% |
| Home Equity Loan | 0% |
| Simple Mortgage | 65.90% |
| Debt Free | 32.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.2% |
