Zip 97538 (Selma, OR) Housing

Housing in 97538 Selma, OR is relatively more affordable than the US median with a median value of $311,700 compared to $338,100. However, the appreciation rate for homes in this area has been slower than the US average at 3.82% over one year compared to 8.27%. Therefore it's still an attractive option for those looking for more affordable housing.

The median home cost in Selma (zip 97538) is $311,700. Home appreciation the last 10 years has been 129.8%. Home Appreciation in Selma (zip 97538) is up 8.5%.

Average Age of Homes

- The median age of Selma (zip 97538) real estate is 39 years old

The Rental Market in Selma (zip 97538)

- Renters make up 16.7% of the Selma (zip 97538) population
- 0.0% of houses and apartments in Selma (zip 97538), 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, Oregon	United States
	992.0	139,647,020.0
	36	42
	$311,700	$338,100
	8.5%	16.6%
	52.9%	57.0%
	129.8%	101.1%
	$5.78	$10.98
	$1,525	$2,690
	67.1%	57.4%
	26.2%	11.2%
	6.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	5.0%	0.7%
	2.5%	0.4%
	6.4%	3.6%
	12.3%	4.1%
Value of Owner-Occupied Housing
	4.1%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	22.5%	13.0%
	33.8%	20.1%
	20.6%	13.6%
	4.2%	8.3%
	9.6%	9.7%
	1.7%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	3.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	18.3%	13.6%
	18.3%	13.6%
	19.8%	13.6%
	15.2%	13.2%
	17.1%	14.8%
	19.8%	13.6%
	1.2%	10.0%
	10.0%	4.7%
	4.6%	12.2%

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