Data as of September 2026. Source: Realtor.com.
The SELMA, IN real estate market (47383) currently shows 11 active listings, with 3 pending sales. Homes are averaging 102 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 102 days on market compared to 61 days last year.
The median listing price has risen 2.4% year-over-year, from $214,700 to $219,900.
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 | 5 | $3,550,355 | $607,400 | $710,071 |
| 47302 | Muncie, IN 47302 | 6.1 mi | 90 | $14,151,960 | $116,225 | $157,244 |
| 47340 | Farmland, IN 47340 | 7.3 mi | 9 | $2,052,108 | $194,900 | $228,012 |
| 47320 | Albany, IN 47320 | 8.8 mi | 12 | $2,805,504 | $197,500 | $233,792 |
| 47360 | Mooreland, IN 47360 | 9.3 mi | 4 | $566,284 | $166,875 | $141,571 |
| 47358 | Modoc, IN 47358 | 10.4 mi | 2 | $314,850 | $157,425 | $157,425 |
| 47361 | Mount Summit, IN 47361 | 12.0 mi | 1 | $159,900 | $159,900 | $159,900 |
| 47388 | Sulphur Springs, IN 47388 | 13.8 mi | 3 | $664,749 | $224,900 | $221,583 |
| 47334 | Daleville, IN 47334 | 14.0 mi | 9 | $3,774,213 | $255,000 | $419,357 |
| 47394 | Winchester, IN 47394 | 14.7 mi | 26 | $5,227,430 | $187,425 | $201,055 |
| 47380 | Ridgeville, IN 47380 | 15.3 mi | 4 | $243,732 | $75,000 | $60,933 |
| 47362 | New Castle, IN 47362 | 16.2 mi | 89 | $17,313,170 | $162,975 | $194,530 |
| 47342 | Gaston, IN 47342 | 17.5 mi | 4 | $612,268 | $172,425 | $153,067 |
As of September 2026, there are 11 active listings in SELMA, IN (zip code 47383), compared to 12 the prior year.
The median listing price in SELMA, IN 47383 is $219,900 as of September 2026, a 2.4% increase from $214,700 the prior year.
Homes in SELMA, IN 47383 spend an average of 102 days on the market before going under contract, compared to 61 days the prior year.
Based on current inventory and days-on-market data as of September 2026, SELMA, IN 47383 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 102 days on market compared to 61 days last year.
With SELL123.com's maximum 3% commission, sellers in SELMA, IN 47383 save an estimated $4,398 compared to a typical 5% commission on the median listing price of $219,900. 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.