Selma, IN (47383) is a great place to live if you're looking for an affordable home. The median value of a house in Selma is $191,200, compared to the US median of $338,100. Furthermore, over the past year Selma has seen an impressive appreciation rate of 13.04%, while the national appreciation rate was 8.27%. This makes Selma a great investment option since property values are likely to continue to increase at a rapid pace. With these factors considered, it's easy to see why many people choose to invest in property here in Selma.
The median home cost in Selma (zip 47383) is $191,200. Home appreciation the last 10 years has been 73.6%. Home Appreciation in Selma (zip 47383) is up 15.1%.
Average Age of Homes
- The median age of Selma (zip 47383) real estate is 51 years old
The Rental Market in Selma (zip 47383)
- Renters make up 16.9% of the Selma (zip 47383) population
- 0.0% of houses and apartments in Selma (zip 47383), 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.