57Alpha

Selma, AL metro area Housing Market Brief

metro · AL · as of August 2026

Balanced

What is Selma, AL metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-12.351
Inventory Health25%
+6.062
Affordability20%
-16.765
Economic Strength20%
20
Rental Yield15%
-2.495

Where is Selma, AL metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Selma, AL metro area is classified as Declining cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Selma, AL metro area housing market data

MetricValueYoY
Median Sale Price$140K▲ +5.7%
Median Days on Market74 days-10.8%
Months of Supply7.1-16.5%
Homes for Sale94-12.1%
Homes Sold14▲ +7.7%
Median Price / Sq Ft$81▲ +12.6%

How has Selma, AL metro area’s Alpha Score moved?

Now: 57
12-period trend
Median sale price · 12 mo

Markets like Selma, AL metro area

Frequently asked questions

Is Selma, AL metro area a buyer's or seller's market?

As of August 2026, Selma, AL metro area is classified as a Balanced Market, based on its Alpha Score of 57 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Selma, AL metro area?

The median sale price in Selma, AL metro area is $140K, having risen 5.7% over the past year.

How affordable is Selma, AL metro area?

Selma, AL metro area scores 65 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Selma, AL metro area's Alpha Score?

Selma, AL metro area's strongest dimension is Rental Yield (95/100) and its weakest is Economic Strength (20/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Selma, AL metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.