Is Selma, CA 93662 a buyer’s or seller’s market?

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

Selma is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score61/ 100

More competitive than 63% of U.S. ZIP codes, and #592 of 1069 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4Under 4 months = seller’s market
Sold above original list39.3%Share of sales, last 3 months
Median sale-to-list98.6%Sold price ÷ list price
Median days on market25Listing to accepted offer
Median price per sq ft$238▼ −2.7% vs. last year

The Selma housing market right now

In the three months ending August 31, 2026, 39% of homes in Selma, CA 93662 sold above their list price, the typical home went under contract in 25 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 29 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold faster (27 days then) and the median sale price rose 3% to $382,335. Overall, Selma is less competitive than a year ago, which gives buyers more room.

Within Fresno County, homes here sell faster than in 90% of the county’s ZIP codes, and sell more often over asking than in 81%. On our competition score, Selma ranks #592 of 1,069 CA ZIP codes with enough sales (score 61 out of 100).

Nearby, buyers who want less competition could look at Fresno 93721 (0% sold over asking) or Yokuts 93675 (0% sold over asking), while Riverdale 93656 (75% sold over asking) and Mendota 93640 (50% sold over asking) are even more competitive.

Nearby markets

Auberry 93602Balanced $221 /sq ftBig Creek 93605 — /sq ftCantua Creek 93608 $228 /sq ftCaruthers 93609Seller’s market $206 /sq ft Browse all markets →

Where Selma is

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Questions about Selma real estate

Is Selma a buyer’s or seller’s market?

A balanced market: there were 4 months of supply in Selma, CA 93662 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Selma?

The typical home went under contract in 25 days in the latest three months.

Do homes in Selma sell over asking?

39% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.

What are property taxes in Selma?

About 1.15% of a home’s value a year in Fresno County, or roughly $4,600 on a $400,000 home.

What is the median home price in Selma?

The median sale price was $382,335 in the three months ending August 31, 2026, about $238 per square foot.

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