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Selmer City HallPhoto: Skye Marthaler · CC BY-SA 3.0
Housing in Selmer

55 homes sold in Selmer in the last year, at a typical $185K

Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Selmer homes are listed.

Homes sold
55
October 2025 to September 2026
Typical sale price
$185K
median, weighted by sales
Price per square foot
$128
Tennessee $208
Paid vs. asking
96.8%
10% sold over asking
For sale now
24
September 2026 · 5 sold that month
What sold · last 12 months

Houses are 0% of Selmer’s sales, at a typical — (year to May 2026)

55 homes sold in the year to September 2026.

14 years of sales

More homes sell than most years, at 2.5 times the 2016 price

55 sales in the last year, against 63 in 2021 and a low of 23 in 2012. The typical sale went from $75K in 2016 to $185K.

Homes soldTypical sale price
0255075100$50K$100K$150K$200K2012: 23 sold, typical $55K’122013: 41 sold, typical $70K2014: 28 sold, typical $91K’142015: 44 sold, typical $82K2016: 38 sold, typical $75K’162017: 44 sold, typical $83K2018: 57 sold, typical $82K’182019: 44 sold, typical $85K2020: 54 sold, typical $109K’202021: 63 sold, typical $141K2022: 58 sold, typical $145K’222023: 50 sold, typical $132K2024: 47 sold, typical $155K’242025: 36 sold, typical $174KLast 12 months: 55 sold, typical $185KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 14 years of sales

Bidding wars in Selmer are back to pre-pandemic levels, and more homes are for sale

We read every month of Selmer’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 55 sales.

If you’re buying in Selmer

  • Shop in April. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (9% over asking).
  • Offer under asking. Buyers paid 96.8% of the list price on average; 10% paid over.
  • You’ll usually have time. Only 14% of homes go under contract within two weeks; the typical one takes 101 days.
Best time to buy

Summer brings the homes; winter brings the bidding wars

August has the most new listings (about 7 a month), but December is the most competitive: 17% of December sales close over asking. April and May offer nearly as much choice with fewer homes bid up (9%). April has the least competition (9%).

New listings a monthShare sold over asking
02.557.5107%13%20%Sweet spotJan: 4 new listings a month, 16% sold over asking, 82 days to sellJFeb: 4 new listings a month, 13% sold over asking, 95 days to sellFMar: 5 new listings a month, 11% sold over asking, 99 days to sellMApr: 5 new listings a month, 9% sold over asking, 87 days to sellAMay: 6 new listings a month, 10% sold over asking, 145 days to sellMJun: 6 new listings a month, 14% sold over asking, 130 days to sellJJul: 6 new listings a month, 16% sold over asking, 80 days to sellJAug: 7 new listings a month, 16% sold over asking, 67 days to sellASep: 6 new listings a month, 13% sold over asking, 79 days to sellSOct: 6 new listings a month, 15% sold over asking, 87 days to sellONov: 5 new listings a month, 16% sold over asking, 80 days to sellNDec: 5 new listings a month, 17% sold over asking, 85 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Tennessee as a whole

Selmer now2017–192021 peakTN now
Sold over askingShare of sales that closed above the list price10%12%14%13%
Gone within two weeksShare of homes under contract within 14 days14%16%38%26%
Price paid vs. askingAverage sale price ÷ list price96.8%92.2%96.2%97.3%
Days to sellMedian days from listing to contract1011334172
Supply

34 homes for sale on a typical day

That’s 3.1 times the 2012 low (11) and 37% more than in 2017–19.

2012: 11 for sale’122013: 16 for sale2014: 28 for sale2015: 40 for sale’152016: 26 for sale2017: 26 for sale2018: 28 for sale’182019: 19 for sale2020: 16 for sale2021: 14 for sale’212022: 13 for sale2023: 15 for sale2024: 21 for sale’242025: 30 for saleLast 12 months: 34 for saleNow

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Selmer home costs about $1,038 a month

Mortgage
Property tax
Insurance
Rent

Price: Selmer’s typical sale, last 12 months. Property tax at Selmer’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Selmer is affordable on local pay is on Cost of living.

Before you buy in Selmer

Six things worth knowing

7

New listings in August

The month with the most choice. February has the fewest, about 4.

Best time to buy
0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $185K home, about $870 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Selmer, from test results, graduation and how much students grow.

Schools in Selmer
22 min

Typical commute

The average one-way trip to work for people who live in Selmer.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Corinth sells for less a square foot; Olivet for far more

The busier markets within 25 miles of Selmer, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Corinth102$223K$1191%78
Savannah96$197K$13113%94
Henderson67$213K$14712%53
Selmer55$185K$12810%101
Crump30$179K$1378%123
Adamsville29$211K$14522%95
Olivet28$260K$1638%54

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Selmer, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Selmer. People who follow the town see it, and so do people comparing Selmer with their own town. No commission, no listing fee.

Questions about buying a home in Selmer

What do homes sell for in Selmer, TN?

55 homes sold in the year to September 2026 at a typical $185K, $128 a square foot.

Is Selmer a buyer’s or seller’s market?

A balanced market: 24 homes were for sale in September 2026 and 5 sold, about 4.2 months of supply. Buyers paid 96.8% of asking on average.

When is the best time to buy in Selmer?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Selmer?

About 0.5% of a home’s value a year. On a $185K home that’s near $870.

Where can I see homes for sale in Selmer?

Zillow, Redfin, Realtor.com and Homes.com all carry Selmer’s MLS listings; the search links above open each one filtered to Selmer.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).