Selma, Indiana.
Typical home $243,874 (+6.6% in a year). Muncie, IN metro.
to buy the typical home at today's mortgage rate — +$755 (+144%) since Jan 2020.
- 1 year
- Up $15,112 +7%
- $228,762$243,874 since Sep 2025
- 5 years
- Up $66,690 +38%
- $177,185$243,874 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Selma$1,280
- Indiana$1,350
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in Selma, IN rose 6.6% over the past year — faster than the nation's +1.2%.
Living in Selma, Delaware County, Indiana
Selma is a town of 747 people in Delaware County. Unemployment in Delaware County was 4.2% in August 2026, and the county had 1.0% fewer jobs in 2025 than the year before. The most people in Delaware County work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Selma is a small town in Delaware County, Indiana, small enough that most residents are likely to know one another by sight. Homes here are valued below what is typical for the country as a whole, and incomes across the county are modest. Winters are cold and summers warm, with a good deal of rain and melted snow over the course of a year.
Work. Residents work mostly in schools, hospitals and social care, with shops, manufacturing, and restaurants and hotels also employing many. Across Delaware County, the largest workplaces include Ball State University, Ball Memorial Hospital and Progress Rail. Few adults in town hold a four-year degree, and very few work from home. The typical commute is a fairly long one, and the county has been losing jobs slightly, with unemployment a little lower than a year earlier.
Things to do. A short drive away, Minnetrista is a botanical garden, ME's Zoo is a zoo, and the David Owsley Museum of Art at Ball State University is a museum. For more time outdoors, Mounds State Park is a protected area a longer drive away. Together they give a mix of gardens, animals, art and open land within easy reach.
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- 10%of adults have a degree
- 28 mintypical commute
- 4%work from home
What people in Delaware County work in
Employed residents by industry, from the Census survey. Delaware County had 44,333 jobs in 2025, 1.0% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 36° and lows near 21°; warmest in July, with highs near 86° and lows near 66°. About 40 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Muncie Delaware County Airport weather station, 7 miles away (NOAA).
Largest workplaces in Delaware County
- Ball State UniversityUniversity or college3,300
- Liberty-Perry Community Sch Corp SchoolsSchool district2,409FTE
- Ball Memorial HospitalGeneral hospital1,772FTE
- Progress RailRailroad rolling stock manufacturing947
- SIMOS Insourcing SolutionsStaffing609
- Help At HomeHomemaker's service for elderly or disabled persons, non-medical501
- Muncie Community SchoolsSchool district488FTE
- WalmartWarehouse clubs and supercenters397
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 91 workplaces with 20 or more staff, 9,821 people in all across the county; Selma has one of its own. Colleges come from IPEDS (NCES, 2023–24), school districts from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- TornadoesRelatively high
- HailRelatively moderate
- LightningRelatively moderate
- Winter weatherRelatively moderate
- Strong windRelatively moderate
- Inland floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Selma’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Delaware County and the Muncie, IN metro.
Selma home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Selma$243,874
- Indiana$257,165
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Selma13
New listings per month
Sellers arriving at the market.
Not enough data to draw this yet.
Zip codes with a Selma address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Selma — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.