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Selma, North Carolina Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
4
Sold (12M)
28
Median Price
$112K
Market Condition
Very Hot Seller's Market

Selma, North Carolina Market Meter

Buyer'sSeller's
Very Hot Seller's Market

2.4 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$112K
Avg Price/Acre
$35K
Avg Days on Market
34
Months of Supply
2.4
YoY Price Change
-66.9%
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-236
1-2 acres1134
2-5 acres-115
5-10 acres--15
10-20 acres--23
20-50 acres1124
50-100 acres---1
100+ acres----
TOTAL251228
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres6 sold / 1 listed
1-2 acres4 sold / 1 listed
2-5 acres5 sold / 1 listed
5-10 acres5 sold / 0 listed
10-20 acres3 sold / 0 listed
20-50 acres4 sold / 0 listed
50-100 acres1 sold / 0 listed

Median Price by Acreage

$0$750K$1.5M
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$5.8M
Last 12 months
Active Listings
4
Current inventory
Avg Days on Market
34
Time to sell
Price Trend (YoY)
-66.9%
Year over year

Selma, North Carolina Land Market Analysis

How much is land worth in Selma, North Carolina?

The median price for land in Selma, North Carolina is currently $35K per acre. For a typical parcel, the median sale price is $112K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $29K while premium lots reached $505K.

Is now a good time to buy land in Selma, North Carolina?

Selma, North Carolina is currently a very hot seller's market with 2.4 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have decreased 66.9% year-over-year.

What is the months of supply for land in Selma, North Carolina?

Selma, North Carolina currently has 2.4 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.

What is the absorption rate for land in Selma, North Carolina?

The 3-month absorption rate in Selma, North Carolina is 41.7%. The 12-month rate is 58.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the total land for sale in Selma, North Carolina?

There are currently 4 active listings in Selma, North Carolina. The median asking price is $59K.

What is the total amount sold in Selma, North Carolina last year?

Over the past 12 months, Selma, North Carolina saw 28 properties sold, totaling $5.8M in sales volume. In just the last 3 months, 5 properties changed hands.

Is now a good time to invest in land in Selma, North Carolina?

The current absorption rate in Selma, North Carolina is 41.7% (3-month basis), indicating strong demand. With depreciating values (-66.9% YoY), buyers may find value opportunities. The top-performing broker in this market is The Thomas Parker Realty Group.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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