Zip 24474 (Selma, VA) Housing


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United States / Virginia / No Metro Area / Alleghany County / Selma / Selma (zip 24474)
Selma, VA, is a beautiful rural community located in the Shenandoah Valley. The median housing value in Selma is $93,300, which is much lower than the US average of $338,100. This makes it an attractive option for those looking for more affordable housing options. In the past year, house prices have appreciated by 12.12%, which is higher than the national average of 8.27%. This suggests that investing in property in Selma may be a good long-term option and could help to increase one's wealth over time.

The median home cost in Selma (zip 24474) is $93,300. Home appreciation the last 10 years has been 54.3%. Home Appreciation in Selma (zip 24474) is up 14.6%.

Average Age of Homes
- The median age of Selma (zip 24474) real estate is 55 years old
The Rental Market in Selma (zip 24474)
- Renters make up 38.2% of the Selma (zip 24474) population
- 0.0% of houses and apartments in Selma (zip 24474), 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

  HousingSelma, VirginiaUnited States
  215.0139,647,020.0
  6342
  $93,300$338,100
  14.6%16.6%
  44.9%57.0%
  54.3%101.1%
  $7.84$10.98
  $575$2,690
  76.3%57.4%
  20.9%11.2%
  2.8%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  0.0%3.6%
  20.9%4.1%
  Value of Owner-Occupied Housing
  0.0%2.6%
  13.4%2.4%
  4.3%2.8%
  25.6%3.9%
  37.8%4.5%
  7.3%11.3%
  11.6%13.0%
  0.0%20.1%
  0.0%13.6%
  0.0%8.3%
  0.0%9.7%
  0.0%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  0.0%13.6%
  0.0%13.6%
  0.0%13.6%
  2.8%13.2%
  18.1%14.8%
  0.0%13.6%
  21.4%10.0%
  30.2%4.7%
  3.3%12.2%
Commute

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