Why Live in Selma
Selma, IN, a small town in Delaware County, offers a quiet lifestyle with a population of around 750 people. The town is known for its highly rated Selma Elementary School, part of the Liberty-Perry Community School Corporation, which also includes Selma Middle School and Wapahani High School. Selma features a mix of early 1900s bungalows, cottages, farmhouses, and midcentury ranch-style homes, with newer traditional homes found on the outskirts. The town's community spirit is evident, especially after a tornado in March 2024, when residents came together to rebuild. Local highlights include the Selma Community Athletic Park, which hosts youth baseball tournaments, and the nearby Prairie Creek Reservoir, offering boating, fishing, camping, and ATV trails. Nature enthusiasts can explore the Red-tail Nature Preserve for bird-watching and hiking. Annual events like Bluebird Days in August and Christmas festivities with horse-drawn carriage rides and a tree-lighting ceremony foster a strong sense of community. While dining options in Selma are limited to Pizza King, residents can easily access shopping and dining in Muncie, just a 10 to 15-minute drive away. Route 32 provides a direct route to downtown Muncie within 20 minutes, and essential services like the nearest emergency room are located at IU Health Ball Memorial Hospital in Muncie. Selma's proximity to the Ohio border and Indianapolis, about 30 and 90 minutes away respectively, adds to its appeal for those seeking a small-town atmosphere with convenient access to larger cities.
Frequently Asked Questions
What is the average home price in Selma, IN?
Homes for sale in Selma, IN have an average home price of $371,867.
How many homes have sold over the last 12 months in Selma, IN?
37 homes have sold in Selma, IN over the last 12 months.
Is Selma, IN a safe city?
In general, the safest neighborhood in Selma, IN with lower crime scores is
Selma.
What are the most popular zip codes in Selma, IN?
What are the most popular neighborhoods in Selma, IN?
The most popular neighborhood in Selma, IN with the most homes for sale is
Selma.
How much do you need to make to afford a house in Selma?
The median home price in Selma is $269,900. If you put a 20% down payment of $54,000 and had a 30-year fixed mortgage with an interest rate of 6.31%, your estimated principal and interest payment would be $1,340 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $57K a year to afford the median home price in Selma.
How are the schools in Selma, IN?
Home Trends in Selma, IN
On average, homes in Selma, IN sell after 46 days on the market compared to the national average of 50 days. The median sale price for homes in Selma, IN over the last 12 months is $235,000, up 25% from the median home sale price over the previous 12 months.
Median Sale Price
$235,000
Median Single Family Sale Price
$237,500
Average Price Per Sq Ft
$130
Number of Homes for Sale
3
Last 12 months Home Sales
37
Median List Price
$269,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
25%