Population: 2,864 · Density: 34.6/mi² · Median household income: $62,321
Typical home value: $151,909 · Homeownership: 85.5%
Data as of January 2026. Source: Realtor.com.
The SELMA, IN real estate market (47383) currently shows 12 active listings, with 6 pending sales. Homes are averaging 85 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are selling faster, averaging 85 days on market compared to 91 days last year.
The median listing price has risen 8.8% year-over-year, from $277,450 to $302,000.
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.
| 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 January 2026, there are 12 active listings in SELMA, IN (zip code 47383), compared to 9 the prior year.
The median listing price in SELMA, IN 47383 is $302,000 as of January 2026, a 8.8% increase from $277,450 the prior year.
Homes in SELMA, IN 47383 spend an average of 85 days on the market before going under contract, compared to 91 days the prior year.
Based on current inventory and days-on-market data as of January 2026, SELMA, IN 47383 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 85 days on market compared to 91 days last year.
With SELL123.com's maximum 3% commission, sellers in SELMA, IN 47383 save an estimated $6,040 compared to a typical 5% commission on the median listing price of $302,000. 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.