House Prices

House Prices & Home Values Selma, IA 2026


Average Data

average house price$164,463
average size per house1574 ft²
average price per ft²105 $ / ft²

04/05/2026 - The value range (VR) for house prices in Selma, IA is $105/ sqft to $105/ sqft. An average home with 1574 sqft costs approximately $165,270 to $165,270. Selma, IA includes 1 ZIP codes and it is located in Van Buren county. The lowest prices are found in ZIP 52588, while the highest are in ZIP 52588. The average price per sqare feet is $105. Our analysis is based on 8 property listings.

Avergage prices by ZIP codes Selma

52588109 $ / ft²




Historical development of home values in Selma

Year Estimated value (USD) Change vs. 2025
2010 $76,380 -53.6%
2011 $73,426 -55.4%
2012 $73,228 -55.5%
2013 $75,965 -53.8%
2014 $79,743 -51.5%
2015 $83,835 -49.0%
2016 $88,210 -46.4%
2017 $92,972 -43.5%
2018 $98,112 -40.3%
2019 $102,661 -37.6%
2020 $107,968 -34.4%
2021 $122,802 -25.3%
2022 $143,159 -13.0%
2023 $150,968 -8.2%
2024 $159,702 -2.9%
2025 $164,463 0.0%

Graph: estimated home values in Selma over time (USD)



Example: 100% financing house in Selma

Loan amount: $164,463

Interest rate: 6.00%

Fixed monthly payment: $986.04

Breakdown in the 1st month:
Interest portion: $822.32  –  Principal portion: $163.72

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $9,812.84 $2,019.62 $162,443.38
2 $9,688.27 $2,144.19 $160,299.18
3 $9,556.03 $2,276.44 $158,022.74
4 $9,415.62 $2,416.85 $155,605.90
5 $9,266.55 $2,565.91 $153,039.99
6 $9,108.29 $2,724.17 $150,315.82
7 $8,940.27 $2,892.19 $147,423.62
8 $8,761.89 $3,070.58 $144,353.05
9 $8,572.50 $3,259.96 $141,093.08
10 $8,371.44 $3,461.03 $137,632.05
11 $8,157.97 $3,674.50 $133,957.55
12 $7,931.33 $3,901.13 $130,056.42
13 $7,690.72 $4,141.75 $125,914.67
14 $7,435.26 $4,397.20 $121,517.47
15 $7,164.05 $4,668.41 $116,849.06
16 $6,876.12 $4,956.35 $111,892.71
17 $6,570.42 $5,262.05 $106,630.67
18 $6,245.87 $5,586.60 $101,044.07
19 $5,901.30 $5,931.17 $95,112.91
20 $5,535.48 $6,296.99 $88,815.92
21 $5,147.09 $6,685.37 $82,130.55
22 $4,734.75 $7,097.71 $75,032.84
23 $4,296.98 $7,535.48 $67,497.35
24 $3,832.21 $8,000.25 $59,497.10
25 $3,338.77 $8,493.69 $51,003.41
26 $2,814.90 $9,017.56 $41,985.84
27 $2,258.72 $9,573.75 $32,412.10
28 $1,668.23 $10,164.24 $22,247.86
29 $1,041.32 $10,791.14 $11,456.72
30 $375.75 $11,456.72 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Selma, IA


1500 sqft3900 sqft
Ø selling price$190,576$405,406
Ø fast selling$173,250$364,865
Ø high price sale$207,901$445,946

In 2026, houses in Selma, IA will be offered at an average price of $105 per square foot. A 1,500 sqft home priced at $190,576 is 23.78% more expensive per square foot than a 3,900 sqft home priced at $405,406. Home prices in Selma, IA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $280,665. Sellers who can wait longer may achieve a higher price of up to $343,035.


Selma, IA: Small-Town Charm in Van Buren County

Overview

Nestled in southeastern Iowa, Selma, IA is a quiet, unincorporated community in Van Buren County known for open skies, fertile fields, and small-town hospitality.

History and Community

With roots in early agriculture and river trade, Selma reflects the heritage of rural Iowa in its resilient, close-knit neighborhoods.
Community life centers on local gatherings, churches, and volunteer groups that welcome visitors and new residents alike.

Things to Do and Nearby Attractions

Outdoors enthusiasts enjoy access to the Des Moines River corridor for fishing, paddling, birding, and peaceful scenic drives.
Nearby attractions such as Lacey?Keosauqua State Park, the Villages of Van Buren scenic routes, and the American Gothic House in Eldon add variety to day trips.
Seasonal markets, farm stands, and hometown diners showcase fresh local flavors and the region?s agricultural roots.

Living in Selma

For those considering Selma Iowa real estate, the area offers affordable homes, low traffic, and room to breathe.
Families are served by area schools through the Van Buren County district, while larger retail and services are a short drive in regional hubs like Keosauqua, Ottumwa, and Fairfield.

Travel and Access

Selma, IA sits near key Southeast Iowa routes, providing straightforward commutes and easy access to parks, rivers, and neighboring small towns.
Whether you?re planning a quiet getaway or a permanent move, Selma rewards visitors with Midwest charm, starry nights, and an authentic sense of place.



FAQ – Home Values in Selma

What is the median home value in Selma in 2026?

In 2026, the typical home value in Selma is about $164,463 for an average home size of 1574 square feet. This corresponds to an average price of roughly $105 per square foot.

What is the average cost per square foot in Selma?

In 2026, homes in Selma sell for an average of around $105 per square foot, with a typical range between $105 and $105 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Selma is about 1574 square feet, with an estimated 2026 value around $164,463.



Locations close to Selma, IA

Seymour, IA100 $ / ft²
Sigourney, IA87 $ / ft²
Udell, IA110 $ / ft²
Rose Hill, IA123 $ / ft²
Richland, IA122 $ / ft²
Pulaski, IA110 $ / ft²
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