Is Selma, IN 47383 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Selma is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.5Under 4 months = seller’s market

Sold above original list20%Share of sales, last 3 months

Median sale-to-list98.5%Sold price ÷ list price

Median days on market47Listing to accepted offer

Median price per sq ft$163▲ +25.0% vs. last year

Run the numbers for 47383

Prefilled for 47383Can I win this house?Multiple-offer likelihood for a listing Prefilled for 47383Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Albany 47320Seller’s market $120 /sq ft Daleville 47334Seller’s market $138 /sq ft Eaton 47338Seller’s market $151 /sq ft Gaston 47342Seller’s market $187 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology