Data as of February 2026. Source: Realtor.com.
The SELMA, IN real estate market (47383) currently shows 5 active listings, with 3 pending sales. Homes are averaging 109 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 109 days on market compared to 84 days last year.
The median listing price has risen 127.3% year-over-year, from $267,175 to $607,400.
Whether you are buying or selling in SELMA, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 2,864 · Density: 34.6/mi² · Median household income: $62,321
Typical home value: $151,909 · Homeownership: 85.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 47383 | Selma, IN 47383 | 0.0 mi | 12 | $6,041,400 | $302,000 | $503,450 |
| 47302 | Muncie, IN 47302 | 6.1 mi | 87 | $12,802,746 | $119,900 | $147,158 |
| 47340 | Farmland, IN 47340 | 7.3 mi | 7 | $1,612,800 | $199,900 | $230,400 |
| 47320 | Albany, IN 47320 | 8.8 mi | 8 | $2,222,512 | $180,000 | $277,814 |
| 47360 | Mooreland, IN 47360 | 9.3 mi | 3 | $307,500 | $102,500 | $102,500 |
| 47358 | Modoc, IN 47358 | 10.4 mi | 1 | $209,900 | $209,900 | $209,900 |
| 47361 | Mount Summit, IN 47361 | 12.0 mi | 1 | $159,900 | $159,900 | $159,900 |
| 47388 | Sulphur Springs, IN 47388 | 13.8 mi | 2 | $459,800 | $229,900 | $229,900 |
| 47334 | Daleville, IN 47334 | 14.0 mi | 8 | $3,612,800 | $255,000 | $451,600 |
| 47394 | Winchester, IN 47394 | 14.7 mi | 28 | $5,564,412 | $182,400 | $198,729 |
| 47380 | Ridgeville, IN 47380 | 15.3 mi | 5 | $329,500 | $89,900 | $65,900 |
| 47362 | New Castle, IN 47362 | 16.2 mi | 99 | $20,201,247 | $174,950 | $204,053 |
| 47342 | Gaston, IN 47342 | 17.5 mi | 5 | $974,500 | $194,900 | $194,900 |
As of February 2026, there are 5 active listings in SELMA, IN (zip code 47383), compared to 5 the prior year.
The median listing price in SELMA, IN 47383 is $607,400 as of February 2026, a 127.3% increase from $267,175 the prior year.
Homes in SELMA, IN 47383 spend an average of 109 days on the market before going under contract, compared to 84 days the prior year.
Based on current inventory and days-on-market data as of February 2026, SELMA, IN 47383 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 109 days on market compared to 84 days last year.
With SELL123.com's maximum 3% commission, sellers in SELMA, IN 47383 save an estimated $12,148 compared to a typical 5% commission on the median listing price of $607,400. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.