Selma Housing Market Report – June 2026
Here's a look at how the Selma, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 12
- Median Sale Price: $369,250
- Average Sale Price: $364,250
- Average Price Per Sq Ft: $265
- Average Days on Market: 72
- Sale-to-List Price Ratio: 99.5%
Month-Over-Month Trends
Compared to May, the median sale price in Selma moved 5.5% up (from $349,950 to $369,250). The number of homes sold was 25.0% down compared to the prior month (16 vs. 12). Average days on market shifted 1.4% down (73 days to 72 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 5.5% up (from $350,000 to $369,250). Sales volume is 29.4% down year-over-year.
What This Means
Selma's housing market is showing mixed signals heading into summer 2026. While median prices have climbed 5.5% year-over-year to $369,250, the broader picture reveals a market that's cooling considerably. Sales volume has dropped 25% month-over-month and nearly 30% annually, suggesting buyer activity has contracted significantly despite modest price gains. This combination typically indicates a shift toward a more balanced market after a period of stronger demand, though the timing is somewhat unusual for June when seasonal buying pressure usually picks up.
The bright spot for sellers is the near-perfect sale-to-list ratio of 99.5%, meaning homes are selling close to asking price. Days on market has also ticked down slightly to 72 days, indicating properties aren't languishing. However, the 68 active listings with a median asking price of $490,000—substantially higher than recent sale prices—suggests a disconnect between seller expectations and market reality. Those listings are averaging 110 days on the market, indicating buyer reluctance at higher price points.
For anyone watching Selma, this looks like a normalizing market where price appreciation has stalled but affordability remains relatively reasonable compared to much of California. Buyers have more negotiating power now, while sellers may need to adjust expectations downward.
Selma Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 93662 | 12 | $369,250 | $265 | 72 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 11 | $358,500 | $271 |
| MULTI_FAMILY | 1 | $445,000 | $198 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $200K - $299K | 1 |
| $300K - $399K | 9 |
| $400K - $499K | 2 |
Current Active Listings
As of this report, there are 68 active listings in Selma with a median asking price of $490,000 and an average of 110 days on market.
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