Data as of March 2026. Source: Realtor.com.
The SELMA, IN real estate market (47383) currently shows 3 active listings. Homes are averaging 134 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 134 days on market compared to 107 days last year.
The median listing price has risen 129.5% year-over-year, from $304,925 to $699,900.
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 | 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 March 2026, there are 3 active listings in SELMA, IN (zip code 47383), compared to 4 the prior year.
The median listing price in SELMA, IN 47383 is $699,900 as of March 2026, a 129.5% increase from $304,925 the prior year.
Homes in SELMA, IN 47383 spend an average of 134 days on the market before going under contract, compared to 107 days the prior year.
Based on current inventory and days-on-market data as of March 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 134 days on market compared to 107 days last year.
With SELL123.com's maximum 3% commission, sellers in SELMA, IN 47383 save an estimated $13,998 compared to a typical 5% commission on the median listing price of $699,900. 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.