House Prices

House Prices & Home Values Selma, IN 2026


Average Data

average house price$278,275
average size per house2058 ft²
average price per ft²136 $ / ft²

04/15/2026 - The value range (VR) for house prices in Selma, IN is $141/ sqft to $141/ sqft. An average home with 2058 sqft costs approximately $290,178 to $290,178. Selma, IN includes 1 ZIP codes and it is located in Delaware county. The lowest prices are found in ZIP 47383, while the highest are in ZIP 47383. The average price per sqare feet is $136. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes Selma

47383151 $ / ft²




Historical development of home values in Selma

Year Estimated value (USD) Change vs. 2025
2010 $129,236 -53.6%
2011 $124,238 -55.4%
2012 $123,904 -55.5%
2013 $128,535 -53.8%
2014 $134,926 -51.5%
2015 $141,851 -49.0%
2016 $149,254 -46.4%
2017 $157,310 -43.5%
2018 $166,007 -40.3%
2019 $173,704 -37.6%
2020 $182,684 -34.4%
2021 $207,783 -25.3%
2022 $242,229 -13.0%
2023 $255,441 -8.2%
2024 $270,219 -2.9%
2025 $278,275 0.0%

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



Example: 100% financing house in Selma

Loan amount: $278,275

Interest rate: 6.00%

Fixed monthly payment: $1,668.40

Breakdown in the 1st month:
Interest portion: $1,391.38  –  Principal portion: $277.02

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $16,603.54 $3,417.25 $274,857.75
2 $16,392.77 $3,628.02 $271,229.73
3 $16,169.00 $3,851.79 $267,377.95
4 $15,931.43 $4,089.36 $263,288.59
5 $15,679.21 $4,341.58 $258,947.01
6 $15,411.43 $4,609.36 $254,337.65
7 $15,127.14 $4,893.65 $249,444.00
8 $14,825.31 $5,195.48 $244,248.52
9 $14,504.86 $5,515.93 $238,732.59
10 $14,164.65 $5,856.14 $232,876.45
11 $13,803.46 $6,217.33 $226,659.12
12 $13,419.99 $6,600.80 $220,058.31
13 $13,012.86 $7,007.93 $213,050.39
14 $12,580.63 $7,440.16 $205,610.23
15 $12,121.74 $7,899.05 $197,711.17
16 $11,634.54 $8,386.25 $189,324.92
17 $11,117.29 $8,903.50 $180,421.43
18 $10,568.15 $9,452.64 $170,968.78
19 $9,985.13 $10,035.66 $160,933.12
20 $9,366.15 $10,654.64 $150,278.48
21 $8,709.00 $11,311.79 $138,966.68
22 $8,011.31 $12,009.48 $126,957.20
23 $7,270.59 $12,750.20 $114,207.00
24 $6,484.19 $13,536.60 $100,670.40
25 $5,649.28 $14,371.51 $86,298.89
26 $4,762.87 $15,257.92 $71,040.97
27 $3,821.80 $16,198.99 $54,841.98
28 $2,822.68 $17,198.11 $37,643.87
29 $1,761.94 $18,258.85 $19,385.02
30 $635.77 $19,385.02 $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, IN


1500 sqft3900 sqft
Ø selling price$246,841$525,096
Ø fast selling$224,401$472,587
Ø high price sale$269,280$577,606

In 2026, houses in Selma, IN will be offered at an average price of $136 per square foot. A 1,500 sqft home priced at $246,841 is 24.56% more expensive per square foot than a 3,900 sqft home priced at $525,096. Home prices in Selma, IN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $363,529. Sellers who can wait longer may achieve a higher price of up to $444,313.

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 $278,275 for an average home size of 2058 square feet. This corresponds to an average price of roughly $136 per square foot.

What is the average cost per square foot in Selma?

In 2026, homes in Selma sell for an average of around $136 per square foot, with a typical range between $141 and $141 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 2058 square feet, with an estimated 2026 value around $278,275.



Locations close to Selma, IN

Shirley, IN118 $ / ft²
Spiceland, IN108 $ / ft²
Springport, IN28 $ / ft²
Saratoga, IN45 $ / ft²
Salamonia, IN39 $ / ft²
Ridgeville, IN46 $ / ft²
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