Selma, TX Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Selma, TX is $301,000, up 3.1% year-over-year. Homes sell in an average of 61 days with 42 active listings. The market is currently a buyer's market.
$301,000median sale price
Homes sold
6
Last 12 weeks
Days on market
61
Average pace
Active listings
42
7.0 months supply
Sale-to-list
98.5%
Below asking
Selma, TX market data
| Metric | Value |
|---|---|
| Median sale price | $301,000 |
| Median list price | $299,945 |
| Year-over-year price change | +3.1% |
| Average days on market | 61 days |
| Active inventory | 42 listings |
| Months of supply | 7.0 months |
| Sale-to-list price ratio | 98.5% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Selma housing market is currently classified as a buyer's market with a median sale price of $301,000. Prices have risen 3.1% compared to last year, with homes spending an average of 61 days on market, indicating 7.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Selma
There are currently 42 homes listed for sale in Selma, Texas. The median listing price is $300K.
Active listings
42
Homes on market
Median list price
$300K
Avg. days on market
61
Days until sale
New this week
16
Newly listed
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Frequently asked questions
What is the average home price in Selma?
The median home sale price in Selma is $301,000, up 3.1% from last year.
How long do homes stay on market in Selma?
Homes typically spend 61 days on market before going under contract.
Is Selma a buyer's or seller's market?
With 7.0 months of supply, Selma is currently a buyer's market.
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