House Prices

House Prices & Home Values Selma, VA 2026


Average Data

average house price$381,880
average size per house2073 ft²
average price per ft²185 $ / ft²

06/21/2026 - The value range (VR) for house prices in Selma, VA is $114/ sqft to $114/ sqft. An average home with 2073 sqft costs approximately $236,322 to $236,322. Selma, VA includes 1 ZIP codes and it is located in Alleghany county. The lowest prices are found in ZIP 24474, while the highest are in ZIP 24474. The average price per sqare feet is $185. Our analysis is based on 31 property listings.

Avergage prices by ZIP codes Selma

24474119 $ / ft²




Historical development of home values in Selma

Year Estimated value (USD) Change vs. 2025
2010 $177,352 -53.6%
2011 $170,494 -55.4%
2012 $170,035 -55.5%
2013 $176,390 -53.8%
2014 $185,161 -51.5%
2015 $194,664 -49.0%
2016 $204,823 -46.4%
2017 $215,878 -43.5%
2018 $227,813 -40.3%
2019 $238,376 -37.6%
2020 $250,699 -34.4%
2021 $285,144 -25.3%
2022 $332,413 -13.0%
2023 $350,545 -8.2%
2024 $370,825 -2.9%
2025 $381,880 0.0%

Graph: estimated home values in Selma over time (USD)



Example: 100% financing house in Selma

Loan amount: $381,880

Interest rate: 6.00%

Fixed monthly payment: $2,289.56

Breakdown in the 1st month:
Interest portion: $1,909.40  –  Principal portion: $380.16

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $22,785.23 $4,689.53 $377,190.47
2 $22,495.99 $4,978.77 $372,211.70
3 $22,188.91 $5,285.85 $366,925.85
4 $21,862.89 $5,611.87 $361,313.98
5 $21,516.76 $5,958.00 $355,355.98
6 $21,149.29 $6,325.47 $349,030.50
7 $20,759.15 $6,715.62 $342,314.89
8 $20,344.94 $7,129.82 $335,185.07
9 $19,905.19 $7,569.57 $327,615.49
10 $19,438.32 $8,036.45 $319,579.05
11 $18,942.64 $8,532.12 $311,046.93
12 $18,416.40 $9,058.36 $301,988.57
13 $17,857.70 $9,617.06 $292,371.51
14 $17,264.54 $10,210.22 $282,161.29
15 $16,634.80 $10,839.96 $271,321.33
16 $15,966.21 $11,508.55 $259,812.78
17 $15,256.39 $12,218.37 $247,594.41
18 $14,502.79 $12,971.97 $234,622.44
19 $13,702.71 $13,772.06 $220,850.38
20 $12,853.28 $14,621.49 $206,228.90
21 $11,951.46 $15,523.31 $190,705.59
22 $10,994.01 $16,480.75 $174,224.84
23 $9,977.52 $17,497.25 $156,727.59
24 $8,898.32 $18,576.44 $138,151.15
25 $7,752.57 $19,722.19 $118,428.96
26 $6,536.15 $20,938.61 $97,490.34
27 $5,244.70 $22,230.06 $75,260.28
28 $3,873.60 $23,601.16 $51,659.12
29 $2,417.93 $25,056.83 $26,602.28
30 $872.48 $26,602.28 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Selma, VA


1500 sqft3900 sqft
Ø selling price$335,775$714,285
Ø fast selling$305,250$642,857
Ø high price sale$366,301$785,714

In 2026, houses in Selma, VA will be offered at an average price of $185 per square foot. A 1,500 sqft home priced at $335,775 is 23.83% more expensive per square foot than a 3,900 sqft home priced at $714,285. Home prices in Selma, VA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $494,506. Sellers who can wait longer may achieve a higher price of up to $604,395.


Discover Selma, VA

Location & Scenery

Selma, VA is a small unincorporated community in Alleghany County set amid the Alleghany Highlands near Clifton Forge.
Framed by the Blue Ridge Mountains and the George Washington and Jefferson National Forests, it offers easy access to outdoor recreation like hiking, paddling, and fishing on the Jackson River.

History & Community

The area?s heritage reflects the railroad and iron industry that powered western Virginia, leaving behind historic architecture and evocative sites.
Today, Selma, VA delivers a friendly small-town pace with community gatherings, local services, and quiet streets.

Access & Real Estate

Travel is convenient via I?64 and US 60/220, connecting residents to Covington, Lexington, and Roanoke for work, healthcare, and shopping.
Homebuyers appreciate the value of real estate in Selma, VA, from historic homes to mountain cabins and acreage with sweeping views.

Culture, Schools & Climate

Nearby Clifton Forge adds restaurants, galleries, and the Historic Masonic Theatre, creating a surprisingly rich arts and dining scene.
Families are served by the Alleghany Highlands Public Schools, with additional workforce and continuing education options in the region.
A four-season climate brings snowy winter vistas, vivid fall foliage, blooming spring wildflowers, and pleasantly warm summer days.

Plan Your Visit

Whether you love trails and rivers, regional history, or a peaceful retirement base, plan your visit to Selma, VA and experience authentic mountain Virginia.



FAQ – Home Values in Selma

What is the median home value in Selma in 2026?

In 2026, the typical home value in Selma is about $381,880 for an average home size of 2073 square feet. This corresponds to an average price of roughly $185 per square foot.

What is the average cost per square foot in Selma?

In 2026, homes in Selma sell for an average of around $185 per square foot, with a typical range between $114 and $114 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Selma is about 2073 square feet, with an estimated 2026 value around $381,880.



Locations close to Selma, VA

Steeles Tavern, VA141 $ / ft²
Stuarts Draft, VA122 $ / ft²
Swoope, VA122 $ / ft²
Rockbridge Baths, VA100 $ / ft²
Raphine, VA126 $ / ft²
Port Republic, VA108 $ / ft²




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