Selma Housing Market Report – March 2026

Here's a look at how the Selma, CA real estate market performed in March 2026, based on actual sold data from the MLS.

Market Snapshot

Homes Sold: 4
Median Sale Price: $771,000
Average Sale Price: $1,022,750
Average Price Per Sq Ft: $322
Average Days on Market: 210
Sale-to-List Price Ratio: 88.7%

Month-Over-Month Trends

Compared to February, the median sale price in Selma moved 88.0% up (from $410,000 to $771,000). The number of homes sold was 42.9% down compared to the prior month (7 vs. 4). Average days on market shifted 61.5% up (130 days to 210 days).

Year-Over-Year Comparison

Compared to March 2025, the median sale price is 175.4% up (from $280,000 to $771,000). Sales volume is 69.2% down year-over-year.

What This Means

Selma's real estate market is sending some mixed signals this March. Yes, the median sale price has nearly tripled year-over-year, jumping from $280,000 to $771,000, which sounds impressive on the surface. But here's the catch: sales volume has plummeted 69 percent, and only four homes closed this month. That price surge is partly misleading—the two farm properties that sold this month likely skewed the numbers upward significantly. Without those agricultural sales, the single-family market tells a different story.

The bigger concern is the time homes are sitting on the market. Properties are now averaging 210 days to sell, up from 130 days just last month and a stark jump from the faster turnover we saw earlier. Buyers are also negotiating harder, with homes selling at 88.7 percent of list price. Combined with 57 active listings and a thin buyer pool, this suggests Selma is cooling considerably.

This slowdown isn't unusual for a small agricultural community, especially with higher interest rates still weighing on affordability. The disconnect between list prices and what homes actually sell for indicates sellers may be adjusting expectations. If you're considering selling, the data suggests pricing aggressively and preparing for a longer marketing timeline.

Selma Sales by Zip Code

Zip Code	Homes Sold	Median Price	Avg $/SqFt	Avg DOM
93662	4	$771,000	$322	210

Sales by Property Type

Property Type	Homes Sold	Median Price	Avg $/SqFt
FARM	2	$1,363,500	$444
SINGLE_FAMILY	2	$682,000	$261

Sales by Price Range

Price Range	Homes Sold
$500K - $749K	2
$750K+	2

Current Active Listings

As of this report, there are 57 active listings in Selma with a median asking price of $495,000 and an average of 114 days on market.

Thinking About Selling Your Selma Home?

If you're a homeowner in Selma considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Selma and throughout the Central Valley — get a no-obligation cash offer today.