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SELMA, VA 24474

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The SELMA, VA real estate market (24474) currently shows 2 active listings, with 1 pending sales. Homes are averaging 218 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 218 days on market compared to 227 days last year.

The median listing price has risen 323.3% year-over-year, from $51,975 to $220,000.

Whether you are buying or selling in SELMA, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 455  ·  Density: 298.5/mi²  ·  Median household income: $58,750

Typical home value: $95,760  ·  Homeownership: 100.0%

Market Overview

Active Listings
2
vs 2 last year
Pending
1
50% pending ratio
Median Price
$220,000
⇧ 323.3% vs $51,975 last year
Average Price
$220,000
⇧ 323.3% vs $51,975 last year
Days on Market
218
⇩ 4% vs 227 days last year

Price Per Square Foot

Median $/sqft
$121
⇧ 255.9% vs $34/sqft last year
Median Home Size
1,815 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 218 now vs 227 last year

Median & Average Pricing

Year over Year
  • Median: $220,000 (+323.3% YoY)
  • Average: $220,000 (+323.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 29.8 miles — 183 listings ($90,419,302 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24474Selma, VA 244740.0 mi2$440,000$220,000$220,000
24422Clifton Forge, VA 244225.5 mi24$5,430,000$113,675$226,250
24445Hot Springs, VA 2444511.3 mi17$14,110,782$443,475$830,046
24450Lexington, VA 2445016.9 mi57$30,100,902$389,554$528,086
24460Millboro, VA 2446018.4 mi2$330,000$165,000$165,000
24090Fincastle, VA 2409019.4 mi18$15,860,430$542,050$881,135
24066Buchanan, VA 2406620.6 mi11$4,880,623$378,950$443,693
24484Warm Springs, VA 2448423.5 mi3$516,000$172,000$172,000
24439Goshen, VA 2443924.9 mi5$2,012,125$402,425$402,425
24131Paint Bank, VA 2413126.5 mi1$544,800$544,800$544,800
24416Buena Vista, VA 2441627.4 mi23$6,173,430$269,900$268,410
24127New Castle, VA 2412729.5 mi10$3,674,450$334,181$367,445
24435Fairfield, VA 2443529.8 mi10$6,345,760$622,450$634,576

Frequently Asked Questions

How many homes are for sale in SELMA, VA 24474?

As of March 2026, there are 2 active listings in SELMA, VA (zip code 24474), compared to 2 the prior year.

What is the median home price in SELMA, VA 24474?

The median listing price in SELMA, VA 24474 is $220,000 as of March 2026, a 323.3% increase from $51,975 the prior year.

How long do homes stay on the market in SELMA, VA?

Homes in SELMA, VA 24474 spend an average of 218 days on the market before going under contract, compared to 227 days the prior year.

Is it a seller's or buyer's market in SELMA, VA 24474?

Based on current inventory and days-on-market data as of March 2026, SELMA, VA 24474 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 218 days on market compared to 227 days last year.

How much can I save on real estate commission in SELMA, VA?

With SELL123.com's maximum 3% commission, sellers in SELMA, VA 24474 save an estimated $4,400 compared to a typical 5% commission on the median listing price of $220,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.