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Featured local agent — Selma, OR
Sarah Mitchell
Compass Real Estate · Selma, OR
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Selma, OR Housing Market & Real Estate
Housing market overview · Updated monthly ·
$118,000median sale price
How is the Selma, OR housing market right now?
The median home sale price in Selma, OR is $118,000. Homes sell in an average of 63 days with 8 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Selma a buyer's or seller's market?
Selma, OR is currently a buyer's market, based on 8.0 months of supply and homes selling in about 63 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
63
Average pace
Active listings
8
8.0 months supply
Sale-to-list
85.8%
Below asking
What does the Selma housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $118,000 |
| Average days on market | 63 days |
| Active inventory | 8 listings |
| Months of supply | 8.0 months |
| Sale-to-list price ratio | 85.8% |
| Median price per sq ft | $145/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Selma by property type?
How the Selma, OR market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $118,000 | $145/sq ft | 1 | 63 days |
Source: Redfin · Updated monthly
The Selma housing market is currently classified as a buyer's market with a median sale price of $118,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 63 days on market, indicating 8.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 7.4x provides context for how home values compare to local earning capacity.
Homes for sale in Selma
There are currently 8 homes listed for sale in Selma, Oregon.
Active listings
8
Homes on market
Avg. days on market
63
Days until sale
Who lives in Selma?
Population
654
Median income
$44,161/yr
Median age
36.2 years
Owner-occupied
88.8%
College grads
5.2%
Avg commute
24.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Selma?
Zillow home value
$327,456
Price-to-income
7.4x
Source: Zillow Research
What is it like to live in Selma?
Selma is a community of approximately 1K residents with a median age of 36.2 years.The median household income is $44,161, which represents a working-class community with solid middle-income opportunities. 5.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 88.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Selma offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Selma, OR?
Want a head-to-head view? Compare Selma side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Selma?
The median home sale price in Selma is $118,000, down 0.0% from last year.
How long do homes stay on market in Selma?
Homes typically spend 63 days on market before going under contract.
What is the median income in Selma?
The median household income is $44,161 per year.
Is Selma a buyer's or seller's market?
With 8.0 months of supply, Selma is currently a buyer's market.
What is the Zillow home value estimate for Selma?
The Zillow Home Value Index (ZHVI) for Selma is $327,456, representing the typical home value in the area.
How much does a single-family home cost in Selma?
The median single-family home price in Selma, OR is $118,000 (about $145 per square foot).
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