Selma, CA Real Estate
According to census data in the year 2000 there were 5,766 housing units in Selma.
This represents a 22.8% growth from 4,696 in 1990.
Of those housing units, 5,752 were located in either urbanized areas or urban clusters, and 14 were located in what is classified as a rural area.
Homeownership rate in Selma is about 62%.
Selma's vacancy rate, including seasonal lodging, is about 4%.
Average household size is 3.47 people.
The majority of houses, apartments or condos in Selma were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.70% |
| One Bedroom | 15.40% |
| Two Bedrooms | 30% |
| Three Bedrooms | 40% |
| Four Bedrooms | 10.60% |
| Five Bedrooms or more | 0.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.28 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $97,000 |
| Median Price asked for vacant units | $99,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.8 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $405 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 12.70% |
| Home Equity Loan | 5.60% |
| Simple Mortgage | 55.60% |
| Debt Free | 26.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.5% |
