Comprehensive market data and analysis• Updated Dec 2025
0.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | 1 | 1 | 1 |
| 5-10 acres | - | - | 1 | 2 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 2 | 4 |
Acreage buckets
The median price for land in Selma, Indiana is currently $16K per acre. For a typical parcel, the median sale price is $136K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $79K while premium lots reached $174K.
Over the past 12 months, Selma, Indiana saw 4 properties sold, totaling $517K in sales volume. In just the last 3 months, 1 properties changed hands.
Land in Selma, Indiana typically sells within 38 days of listing. The median time on market is 38 days. Properties are moving quickly in the current very hot seller's market.
The median land price in Selma, Indiana stands at $136K. This translates to roughly $16K per acre for the typical parcel size. The average price is $129K, showing a fairly consistent market.
The 3-month absorption rate in Selma, Indiana is 100.0%. The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Selma, Indiana is 100.0% (3-month basis), indicating strong demand. The top-performing broker in this market is RE/MAX Real Estate Groups.
Land in Selma, Indiana averages $16K per acre. The median price per acre is $16K, which may be more representative of typical transactions. Most parcels sold are around 8.7 acres.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
