Selmer, TN housing market
The typical Selmer home is worth about $164,000, up 2.8% in a year, 51% below the Tennessee typical home.
Home values, sales, trends and how Selmer compares with the towns next door — updated as new data is published.
Selmer at a glance
Typical home value, 2016–2026
Show as a table
| January | Selmer | Tennessee |
|---|---|---|
| 2017 | $88,000 | $174,000 |
| 2018 | $91,000 | $187,000 |
| 2019 | $95,000 | $198,000 |
| 2020 | $106,000 | $215,000 |
| 2021 | $114,000 | $238,000 |
| 2022 | $139,000 | $287,000 |
| 2023 | $145,000 | $313,000 |
| 2024 | $153,000 | $326,000 |
| 2025 | $156,000 | $334,000 |
| 2026 | $159,000 | $333,000 |
| August 2026 | $164,000 | $334,000 |
23 new homes permitted in 2025
Builders were permitted 23 new homes in Selmer in 2025, all single-family houses, worth about $3.8 million to build. That's 5.1 per 1,000 residents, slower than across Tennessee (7.8). Over the past 10 years, Selmer has permitted 121 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Selmer gained 50 residents while 94 new homes were permitted: about 0.5 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Tennessee: 2 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 12 | 12 | 0 | $2 million |
| 2025 | 23 | 23 | 0 | $3.8 million |
| 2024 | 5 | 5 | 0 | $1.8 million |
| 2023 | 69 | 3 | 66 | $9.6 million |
| 2022 | 4 | 4 | 0 | $778,000 |
| 2021 | 3 | 3 | 0 | $321,000 |
| 2020 | 2 | 2 | 0 | $100,000 |
| 2019 | 4 | 4 | 0 | $558,000 |
| 2018 | 4 | 4 | 0 | $558,000 |
| 2017 | 4 | 4 | 0 | $465,000 |
| 2016 | 3 | 3 | 0 | $280,000 |
| 2015 | 1 | 1 | 0 | $70,000 |
| 2014 | 9 | 5 | 4 | $975,000 |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 3 | 3 | 0 | $288,000 |
| 2011 | 1 | 1 | 0 | $73,000 |
| 2010 | 65 | 1 | 64 | $4.6 million |
| 2009 | 3 | 3 | 0 | $140,000 |
| 2008 | 6 | 6 | 0 | $217,000 |
| 2007 | 14 | 14 | 0 | $1 million |
| 2006 | 17 | 17 | 0 | $1.3 million |
| 2005 | 18 | 18 | 0 | $1.3 million |
| 2004 | 16 | 16 | 0 | $1.2 million |
| 2003 | 14 | 14 | 0 | $1 million |
| 2002 | 9 | 9 | 0 | $534,000 |
| 2001 | 15 | 15 | 0 | $621,000 |
| 2000 | 12 | 12 | 0 | $620,000 |
How Selmer ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Selmer and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Selmer | $164K | +2.8% | $930 | 23 | $51,591 |
| Eastview | $175K | +5.4% | $980 | 0 | $58,750 |
| Bethel Springs | $158K | +7% | $1,120 | 1 | $34,500 |
3.2 years of income
The typical Selmer home costs about 3.2 years of the town's median household income, less than across Tennessee (4.8 years).
How Selmer ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $930
HUD's Fair Market Rent for a two-bedroom in Selmer is $930 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Selmer pay a median of $674, so moving in tends to cost more than staying put. A two-bedroom takes about 22% of the town's median household income.
Studio $720 · 4 bedrooms $1,440
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (38375; McNairy County, TN), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.