Median home value in zip code 47383 (Selma, IN) is $233,346, up 3.4% year over year. Part of the Muncie, IN metropolitan area.

Home Value$233,346

YoY Change

+3.4%

Prices rising — worse for buyers.

Affordability

Enter your income for 47383 (Selma).

Income (annual)

Down Payment

$46,669 on $233,346

Example: $75,000 household income. Change it above to see your own.

Affordable23.7% of income

Under the 28% guideline.

PITI$1,479

P/I23.7%

Afford$276K

Room+$43K

P&I $1,180Tax $165Ins $133

6.50% 30yr, 20% down, county tax + IN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

47383 is part of the Muncie, IN metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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