Selma, CA is a city in Fresno County known for its strong sense of community and local charm. The median value of housing in Selma is slightly lower than the US median house value at $323,100 compared to $338,100. Despite this difference, however, housing in Selma is still experiencing appreciation at a rate close to the national average of 8.27%, with a 1 year appreciation rate of 7.92%. This indicates that housing prices are increasing steadily and could be a great opportunity for potential homeowners or investors.
The median home cost in Selma is $323,100. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Selma is up 15.8%.
Average Age of Homes
- The median age of Selma real estate is 38 years old
The Rental Market in Selma
- Renters make up 40.9% of the Selma population
- 1.5% of houses and apartments in Selma, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.