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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 Type3.70%
One Bedroom15.40%
Two Bedrooms30%
Three Bedrooms40%
Four Bedrooms10.60%
Five Bedrooms or more0.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.28
Median year structure was built1977
Median Value of occupied units$97,000
Median Price asked for vacant units$99,300

Rented Homes, Apartments and Condos

Average Household Size3.8
Median year structure was built1970
Median Monthly Rent asked for vacant units$405

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage12.70%
Home Equity Loan5.60%
Simple Mortgage55.60%
Debt Free26.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.5%