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SELMA, OR 97538

Real Estate Market Report  ·  Josephine County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The SELMA, OR real estate market (97538) currently shows 27 active listings, with 4 pending sales. Homes are averaging 85 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 85 days on market compared to 83 days last year.

The median listing price has fallen 7.9% year-over-year, from $559,000 to $514,999.

Whether you are buying or selling in SELMA, OR, 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.

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Market Context

Market Context

Population: 2,113  ·  Density: 4.3/mi²  ·  Median household income: $42,083

Typical home value: $292,859  ·  Homeownership: 92.4%

Market Overview

Active Listings
27
⇧ 92.9% vs 14 last year
Pending
4
15% pending ratio
Median Price
$514,999
⇩ 7.9% vs $559,000 last year
Average Price
$768,520
⇩ 13.9% vs $892,385 last year
Days on Market
85
⇧ 2.4% vs 83 days last year

Price Per Square Foot

Median $/sqft
$305
⇩ 10% vs $339/sqft last year
Median Home Size
1,806 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 27 this year vs 14 last year
  • Days on market: 85 now vs 83 last year

Median & Average Pricing

Year over Year
  • Median: $514,999 (-7.9% YoY)
  • Average: $768,520 (-13.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 43.2 miles — 651 listings ($445,943,535 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97538Selma, OR 975380.0 mi23$20,920,524$546,000$909,588
97543Wilderville, OR 975437.5 mi5$3,278,115$586,750$655,623
97527Grants Pass, OR 9752715.1 mi142$91,447,716$538,225$643,998
97532Merlin, OR 9753218.7 mi11$8,409,159$692,500$764,469
97526Grants Pass, OR 9752622.0 mi168$111,706,392$527,225$664,919
97497Wolf Creek, OR 9749728.1 mi16$9,435,168$599,225$589,698
95543Gasquet, CA 9554329.1 mi1$530,000$530,000$530,000
97525Gold Hill, OR 9752531.2 mi24$18,621,360$548,700$775,890
95567Smith River, CA 9556733.4 mi8$8,513,000$1,005,000$1,064,125
97444Gold Beach, OR 9744435.9 mi69$73,587,879$566,750$1,066,491
97502Central Point, OR 9750237.1 mi82$49,339,646$469,225$601,703
95531Crescent City, CA 9553139.1 mi90$45,445,500$434,500$504,950
97535Phoenix, OR 9753543.2 mi12$4,709,076$397,450$392,423

Frequently Asked Questions

How many homes are for sale in SELMA, OR 97538?

As of March 2026, there are 27 active listings in SELMA, OR (zip code 97538), compared to 14 the prior year.

What is the median home price in SELMA, OR 97538?

The median listing price in SELMA, OR 97538 is $514,999 as of March 2026, a 7.9% decrease from $559,000 the prior year.

How long do homes stay on the market in SELMA, OR?

Homes in SELMA, OR 97538 spend an average of 85 days on the market before going under contract, compared to 83 days the prior year.

Is it a seller's or buyer's market in SELMA, OR 97538?

Based on current inventory and days-on-market data as of March 2026, SELMA, OR 97538 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 85 days on market compared to 83 days last year.

How much can I save on real estate commission in SELMA, OR?

With SELL123.com's maximum 3% commission, sellers in SELMA, OR 97538 save an estimated $10,300 compared to a typical 5% commission on the median listing price of $514,999. 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.