According to statistics, the population in Selma, NC amounts to 6,375, which shows decline 1% compared to the previous year. The median age of the city’s residents is 31. The average household income is $28,933, shifting growth 3% from the past year, and the average property value in Selma, NC growth 3% to $87,600 throughout the year.
|Number Of Employees||2,418|
|Median Property Value||$87,600|
The average household income in Selma, NC grew from $27,982 to $28,933 in the past year. This data is an estimate based upon 2,068 households in Selma, NC . The chart below presents how household income is distributed in Selma, NC in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Selma, NC shifted from $85,400 to $87,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Selma, NC in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Selma, NC properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Selma, NC compared to median property taxes around the country. The prevalent amount of property taxes in Selma, NC equals $1150, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$222,450||N/A|
|2 bed for sale||$166,566||-39.1%|
|3 bed for sale||$316,543||-13.2%|
|4+ bed for sale||$311,900||-30.4%|
During Jul 2022, the average price for an apartment in/near Selma, NC decreased by 15.2% to $301,580.
Asking price for 2-bed apartment also decreased by 39.1% and a place of this size will now cost you $166,566. A 3-bed apartment goes for $316,543, it decreased by 13.2% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 30.4% and made it down to $311,900.
|Listing Type||Jul||vs Last Month|
|Apartments for sale||$180,000||N/A|
|Houses for sale||$313,420||-13.4%|
|Land for sale||$129,900||-63.6%|
|Duplexes for sale||$264,900||N/A|
While assessing the property pricing Selma, NC, you can note that it remains flat with a price tag of $180,000. Price reports demonstrate that house price decreased by 13.4% this month making it up to $313,420. An average value of duplex is $264,900, thus a median price for a duplex remains the same this month.