Housing in Selma, IN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$178,467

Median List Price

$139,900

Price Per Sq Ft

$135

Days on Market

153

Active Inventory

2

Months of Supply

1.0

Seller's market

Zillow Home Value

$225,296

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 31.2%List Price 26.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

50.0%

Sale-to-List Ratio

96.6%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
50.0%
Listings with Price Drops
50.0%

Market Activity

Source: Redfin

Homes Sold

2

New Listings

1

Pending Sales

2

Homes Sold 33.3%New Listings 50.0%Pending 100.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$135

Median List $/SF

$128

Sale $/SF 27.4%List $/SF 39.1%Mar 24Jan 26

Selma vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Selma is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$99,800

Median Rent

$913

Total Housing Units

336

Vacancy Rate

6.5%

Owner Occupied

72.6%

Renter Occupied

27.4%

Median Property Tax

$563

per year

Monthly Cost (w/ Mortgage)

$670

Housing Types

Single Family
90.8%
Multi-Family
7.1%
Mobile Home
2.1%

The current median sale price in Selma, IN is $178,467 according to Redfin data. Homes spend a median of 153 days on the market. 0.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $135. The median rent is $913 per month (Census ACS). About 72.6% of housing units are owner-occupied. The median year homes were built is 1963. There are 336 total housing units.