Market Overview
Home Prices in Selmont-West Selmont, AL
The median home value in Selmont-West Selmont, AL is $40,277 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 19.2% compared to a year ago and down 5.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Selmont-West Selmont are priced90% below average. Selmont-West Selmont is part of the Selma, AL metro area.
Price History
Selmont-West Selmont Home Price Trend
2024
$35,779
$36K
—
2025
$33,778
$34K
-5.6%
2026
$40,277
$40K
+19.2%
City Comparison
Selmont-West Selmont vs. National Median
🏠 Selmont-West Selmont
$40,277
National Median
$410,000
At $40,277, homes in Selmont-West Selmont cost 90% below the national median of $410,000. This makes Selmont-West Selmont a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Selmont-West Selmont?
20% Down Payment
$8,055
on $40,277
Monthly P&I
$210/mo
30-yr @ 6.8%
Total Monthly Est.
~$267/mo
incl. taxes & insurance
Income Needed
$10,680
gross annual (30% rule)
10% Down Option
$4,028
+ PMI applies
Loan Amount (20% dn)
$32,222
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Selmont-West Selmont, AL?
The median home value in Selmont-West Selmont is $40,277 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 19.2% year-over-year.
How much have home prices changed in Selmont-West Selmont?
Over the past year, home values in Selmont-West Selmont have increased by 19.2%.
How much do I need to earn to buy a home in Selmont-West Selmont?
To comfortably afford the median home price of $40,277 with a 20% down payment ($8,055) at today's rates (6.8%), you'd need a gross annual income of approximately $10,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Selmont-West Selmont compare to the national average home price?
The national median home value is approximately $410,000. At $40,277, homes in Selmont-West Selmont are 90% below the national average.
What metro area is Selmont-West Selmont part of?
Selmont-West Selmont is part of the Selma, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.