Zip 36701 (Selma, AL) Housing

The housing median value in 36701 Selma, AL is $91,500, which is significantly below the US House Median Value of $338,100. Although the US only saw a 1 year house appreciation of 8.27%, the house appreciation in 36701 Selma, AL was even more impressive at 14.92%. This could be indicative of increased demand for homes in 36701 Selma, AL and shows that it might be a good time to consider investing in property in this area.

The median home cost in Selma (zip 36701) is $91,500. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Selma (zip 36701) is up 18.1%.

Average Age of Homes

- The median age of Selma (zip 36701) real estate is 45 years old

The Rental Market in Selma (zip 36701)

- Renters make up 29.4% of the Selma (zip 36701) population
- 1.5% of houses and apartments in Selma (zip 36701), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Selma, Alabama	United States
	10,334.0	139,647,020.0
	50	42
	$91,500	$338,100
	18.1%	16.6%
	51.1%	57.0%
	61.6%	101.1%
	$4.78	$10.98
	$445	$2,690
	45.6%	57.4%
	25.0%	11.2%
	29.3%	31.4%
Vacant Housing
	1.5%	1.9%
	0.0%	0.4%
	2.1%	0.7%
	0.4%	0.4%
	2.7%	3.6%
	18.3%	4.1%
Value of Owner-Occupied Housing
	5.5%	2.6%
	8.4%	2.4%
	11.4%	2.8%
	14.1%	3.9%
	16.3%	4.5%
	19.9%	11.3%
	10.3%	13.0%
	10.0%	20.1%
	2.6%	13.6%
	0.7%	8.3%
	0.8%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	6.2%	13.6%
	6.2%	13.6%
	11.7%	13.6%
	9.0%	13.2%
	22.5%	14.8%
	11.7%	13.6%
	13.6%	10.0%
	5.1%	4.7%
	12.2%	12.2%

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