Situated on the Alabama River, Selma is best known as the starting point for the Rev. Dr. Martin Luther King Jr.'s mid-1960s voting-rights marches. The city is home to more than 1,250 historic structures and four National Historic Districts, where retirees and other folks find deals in neighborhoods where you can walk to the grocery and the summer sun is distilled through a canopy of live oaks. Selma University, one of the nation's oldest African-American four-year colleges, is located here. Area employers include the Bush Hog rotary-cutter company and International Paper.
The Olde Town neighborhood has Selma's finest homes, including sprawling Queen Annes, Greek Revivals, and Italianates. Other districts feature more modest Victorian cottages and bungalows.
Truly affordable. You can buy a fixer-upper bungalow for $60,000 or even less, or a massive Italianate for about $200,000.
Why Buy Now?
This is a buyer's market, and hundreds of old homes with original details—and exceptionally low property taxes—are here for the picking.