Homes under $500K for sale in Selma, NC

As of October 31, 2026, there are 49 homes under $500K for sale in Selma, NC, with a middle asking price of $326,500 (from $149,900 to $489,900). 3 came on the market in the last week. Another 10 are under contract.

As of October 31, 2026, the middle asking price is $326,500, about $184 per square foot for a typical 1,866 sq ft. Under $300K: 11; $300K–$500K: 38.

In the 12 months through October 31, 2026, 127 sold at a middle price of $324,995, typically for 97.7% of the first asking price after about 91 days on the market.

In the 12 months through October 31, 2026 they typically sold in about 91 days, at 97.7% of the first asking price.

As of October 31, 2026, Emily Gardens (14), Howell Farm (10), Longleaf Village (5), Hinnant Farm East (3), Honaker Farms (2).

A mortgage payment has two parts: principal and interest, which depend on the price, your down payment and the rate a lender offers you; and the costs on top — property taxes, homeowners insurance (and flood insurance near the water), HOA dues where there's an association, and mortgage insurance if you put less than 20% down. Each home's page has a calculator that uses the rate you've been quoted and that home's own taxes and HOA dues from the listing. For your actual rate and Annual Percentage Rate (APR), ask a licensed lender — we can introduce you to Joey Milam at Alpha Mortgage Advantage, or you're free to choose any lender.