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Selma, IN
Full City Profile · Indiana · Delaware County County
2.7
/5.0
C+
Fair
833
Population
926/sq mi density
$62,500
Median Income
$24,079 per capita
$99,800
Home Value
$232,041 Zillow
$913
Median Rent
32.5% income on rent
54°F
Avg Temperature
275 sunny days/yr
394
Violent Crime/100K
4,121 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$62,500 median income, 5.7% unemployment
A+
Affordability
5.0 / 5.0
$99,800 home value, $913/mo rent
F
Safety
1.0 / 5.0
394 violent crimes/100K (4% above avg)
D
Education
1.8 / 5.0
10.5% bachelor's degree or higher
Housing Overview
Median Home Value
$99,800
65% below
US avg: $281,900
Median Rent
$913/mo
21% below
US avg: $1,163/mo
Homeownership Rate
72.6%
11% above US avg (65.4%)
Total Housing Units
341
Median year built: 1965
Home Value by Source
Census Median
$99,800
Zillow (ZHVI)
$232,041
Median Sale Price
$138,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
72.6%
Owner-Occupied
27.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$913/mo
Market Indicators (Redfin)
Median Days on Market
58 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
3
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$76
Affordability & Housing Stock
Rent Burden
32.5%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1965
Average age of housing stock: 61 years
Homeownership Rate
72.6%
Complete Housing Data
Home Values
| Census Median Value | $99,800 |
| Zillow Home Value (ZHVI) | $232,041 |
| Median Sale Price | $138,000 |
| Price Per Sq Ft | $76 |
Rent
| Census Median Rent | $913 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 58 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 0.0% |
| Homes Sold | 3 |
| Price Per Sq Ft | $76 |
Ownership & Stock
| Owner-Occupied | 72.6% |
| Renter-Occupied | 27.4% |
| Homeownership Rate | 72.6% |
| Total Housing Units | 341 |
| Median Year Built | 1965 |
| Rent Burden | 32.5% |