Housing & Real Estate — Selma, Indiana
Overview
| Total Housing Units | 336 |
|---|
| Occupied | 314 |
|---|
| Vacant | 22 |
|---|
| Owner-Occupied | 228 |
|---|
| Renter-Occupied | 86 |
|---|
| Median Home Value (Census) | $106,400 |
|---|
| Estimated 2026 | ~$123,000 |
|---|
| Median Rent | $913/mo |
|---|
| Median Property Tax | $605/yr |
|---|
Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | affordable |
|---|
| Rent as % of Income | 18.8% |
|---|
| Severely Rent-Burdened | 29.4% |
|---|
Housing Age
| Built 2010 or later | 0 |
|---|
| Built 2000-2009 | 36 |
|---|
| Built 1990-1999 | 12 |
|---|
| Built before 1960 | 155 |
|---|
| Median Year Built | 1965 |
|---|
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
