Comprehensive market data and analysis• Updated Oct 2026
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 3 |
Acreage buckets
The median price for land in Selma, Indiana is currently $16K per acre. For a typical parcel, the median sale price is $90K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $62K while premium lots reached $114K.
Over the past 12 months, Selma, Indiana saw 3 properties sold, totaling $265K in sales volume.
There are currently 3 active listings in Selma, Indiana. 2 new listings have hit the market in the last 90 days. The median asking price is $45K.
Land in Selma, Indiana typically sells within 4 days of listing. The median time on market is 4 days. Properties are moving quickly in the current strong buyer's market.
The median land price in Selma, Indiana stands at $90K. This translates to roughly $16K per acre for the typical parcel size. The average price is $88K, showing a fairly consistent market.
The 12-month rate is 8.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The top-performing broker in this market is NextHome Elite Real Estate.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Selma on LandyDandy.
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