45Alpha

Selma, AL metro area Housing Market Brief

metro · AL · score computed October 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 Momentum—No data
—
Inventory Health31%
●5

Population band 1 of 5 (population 12,616–37,875) · comparable within its band

Affordability25%
●78
Economic Strength25%
●20
Rental Yield19%
●98

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.

What’s the forecast for Selma, AL metro area?

Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Selma, AL metro area housing market data

MetricValueYoYSource
Median Sale Price$90K▼ -59.2%Redfin
Median Days on Market252 days▲ +137.7%Redfin
Months of Supply9.0▲ +66.7%Redfin
Homes for Sale92▼ -5.1%Redfin
Homes Sold10▼ -44.4%Redfin
Median Price / Sq Ft$52▼ -41.6%Redfin

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

Now: 45
2-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?

In the scores computed October 2026, Selma, AL metro area is classified as a Balanced Market, based on its Alpha Score of 45 out of 100. It is based on the 4 of five dimensions we can measure for this market — building, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.

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

The median sale price in Selma, AL metro area is $90K, having fallen 59.2% over the past year, according to Redfin.

How affordable is Selma, AL metro area?

Selma, AL metro area scores 78 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 (98/100) and its weakest is Inventory Health (5/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.

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.