Commercial Real Estate Market in Selma, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 197 off-market properties in Selma, TX.
Market Trends
Selma, TX spans 32.9 square miles in Guadalupe County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Selma, TX runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail space in Selma, TX asks $170/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Selma, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Selma, TX runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Commercial 34.7%
- Residential 33.9%
- Industrial 20.5%
- Planned_development 6.6%
Largest Zones share of zoned land by district
Single Family
Commercial District 2
Light Industrial District
Commercial District 1
Planned Unit Development
Selma, TX zones 3,194 acres across 10 districts. Commercial zoning covers 34.7% of zoned land, residential 33.9% and industrial 20.5%. The largest single district is Single Family at 29.8%. For commercial buyers the practical constraint is that only 55.3% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Selma, TX has 41,533 residents in 15,688 households. Density runs 1,264 people per square mile. Median household income here is $97,465 and median gross rent $1,664 a month.
41,533
Population
15,688
Households
2.6
Avg Household Size
38
Median Age
40%
College-Educated
94%
High-School Grad
32.9 sq mi
ZIP Area
1,264
Density / Sq Mi
$97,465
Median Household Income
$47,552
Median Earnings
$1,664
Median Rent
$296,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bracken | $172 (county avg) | — |
| Garden Ridge | $172 (county avg) | — |
Frequently Asked Questions
What zoning applies to commercial property in Selma?
Selma, TX zones 3,194 acres across 10 districts, of which 34.7% is commercial and 20.5% industrial. The largest single district is Single Family at 29.8% of zoned land. Residential zoning covers 33.9% and open space 0%.
Where does Realmo's Selma market data come from?
Realmo compiles Selma, TX figures from 14 active sale listings, 197 tracked off-market properties, the current Selma zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 0 active for-lease listings in Selma, TX. 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: 3,194 zoned acres across 10 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 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- 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 31 August 2026 · report a data issue
