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Selma

Why you'd want to live in Selma

Selma is a city in Fresno County, California. The population was 23,319 at the 2010 census. Selma owes its beginnings to farming and to the Southern Pacific Railroad, which began in the 1870s as a branch line of the Central Pacific Railroad. The route of the Southern Pacific through California's Central Valley gave rise to a string of small towns between Sacramento and Bakersfield. Selma was among them. In 1880, residents of the rural community that would become Selma established the Valley View School District. The first post office opened in 1880.[9] A decade later, four farmers - Jacob E. Whitson, Egbert H. Tucker, George Otis and Monroe Snyder - formed a partnership and developed a townsite along the railroad. They began auctioning lots and just three years later the city of Selma was formally incorporated. A persistent local legend is that Selma was named after Selma Gruenberg Lewis (ca. 1867–1944) by Governor Leland Stanford, who was shown her picture by her father. As Lewis first told the story in 1925, Stanford, also a Director of the Central Pacific Railroad, was so taken that he ordered that the next town on the line be named for her. Lewis often repeated the story with further romantic embellishments, and it came to be accepted as fact despite a lack of documentary evidence. Lewis is buried in Floral Memorial Park in Selma, and her marker repeats the story. Subsequent investigation indicates instead that the town was in fact named for Selma Michelsen (1853–1910), wife of a railroad employee who had submitted her name for inclusion on a list of candidate names prepared by his supervisor. George Otis selected the name from this list, in consultation with other local businessmen. Along with Fowler to its immediate north and Kingsburg to its south, Selma was a railroad stop where agricultural goods could be loaded for shipping. As in the rest of the United States, the railroad played a lesser role as the 20th century progressed. via Wikipedia

Selma Market Report

$674,584

AVERAGE PRICE OF 45 HOMES

$2,207,000

AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES

$653,914

AVERAGE PRICE OF 13 HOMES WITH A POOL

$408,997

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $674,584
Avg Bedrooms 2.63 beds
Avg Bathrooms 1.95 baths

Average Price by Bedrooms

1 bedroom $499,500
2 bedrooms $344,106
3 bedrooms $505,984
4 bedrooms $1,213,908
5 bedrooms $1,425,000
Selma Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 44 40 47 48 50
Average Price $537,273 $436,592 $408,333 $391,344 $411,855
Avg Price Change +23.06% +6.92% +4.34% -5.24% -0.32%
Median Price $380,811 $377,140 $372,851 $357,617 $365,785
Med Price Change +0.97% +1.15% +4.26% -2.28% +0.39%
Avg Bedrooms 2.91 beds 3.24 beds 3.13 beds 2.97 beds 2.98 beds
Avg Bathrooms 2.21 baths 2.64 baths 2.52 baths 2.36 baths 2.31 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Selma 36 $429,373 102 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 45 $674,584 73 days
Multi-Million Dollar Homes 7 $2,207,000 21 days
Homes with a Pool 13 $653,914 81 days
Reduced Price Homes 2 $408,997 56 days

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Iron Key Real Estate
675 W Nees Ave Suite 107
Fresno, CA 93711
559-296-8044
DRE# #01868843

Based on information from California Regional Multiple Listing Service, Inc. as of July 15, 2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Based on information from the Tulare County Association of REALTORS® 2024. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Updated: 7/15/2024 8:03 PM CST
Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2024 Last Updated July 15, 2024
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