Commercial Real Estate Market in Selma, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
33 active listings and 639 off-market properties in Selma, CA.
Market Trends
Selma, CA spans 77.9 square miles in Fresno County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Selma, CA asks $158/SF to buy. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Retail
Retail space in Selma, CA asks $148/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Industrial
Industrial vacancy in Selma, CA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in Selma, CA asks $178/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 42.6%
- Commercial 23.3%
- Industrial 14.1%
- Civic 9%
- Mixed use 7.8%
- Planned_development 1.3%
Largest Zones share of zoned land by district
One Family Zone
Regional Commercial Zone
Light Manufacturing Zone
Heavy Manufacturing Zone
School
Selma, CA zones 2,936 acres across 28 districts. Commercial zoning covers 23.3% of zoned land, residential 42.6% and industrial 14.1%. The largest single district is One Family Zone at 37.4%. For commercial buyers the practical constraint is that only 37.5% of land carries a commercial or industrial designation.
Regional Commercial Zone (C-R)
The C-R designation is designed to provide development opportunities for those uses that attract customers from the region
Market overview
Demographics & Economy
Selma, CA has 30,774 residents in 9,810 households. Density runs 395 people per square mile. Median household income here is $56,735 and median gross rent $1,220 a month.
30,774
Population
9,810
Households
3.1
Avg Household Size
33
Median Age
13%
College-Educated
73%
High-School Grad
77.9 sq mi
ZIP Area
395
Density / Sq Mi
$56,735
Median Household Income
$34,406
Median Earnings
$1,220
Median Rent
$297,800
Median Home Value
Tools
Nearby Markets
Commercial property in Selma, CA asks $400/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Selma?
Commercial property in Selma, CA asks an average of $400 per square foot. The 4 most recent recorded sales traded at a median of $186/SF, so asking sits 115% above the achieved median. Multifamily carries the highest asking price at $178/SF.
What zoning applies to commercial property in Selma?
Selma, CA zones 2,936 acres across 28 districts, of which 23.3% is commercial and 14.1% industrial. The largest single district is One Family Zone at 37.4% of zoned land. Residential zoning covers 42.6% and open space 0%.
Where does Realmo's Selma market data come from?
Realmo compiles Selma, CA figures from 4 recent recorded sales, 25 active sale listings, 8 active lease listings, 639 tracked off-market properties, the current Selma zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 25 active for-sale and 8 active for-lease listings in Selma, CA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 2,936 zoned acres across 28 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level, industrial vacancy is reported at West region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
