The typical owner-occupied home in Selden is worth about $101,500, 53% below the Kansas median of $217,200 and 69% below the national median of $332,700. Owners pay a median $1,457 a year in property taxes, about 1.44% of their home's value, higher than the Kansas rate of 1.29%. The median household earns $53,438 a year, so the median home costs 1.9 times the median income (2.9 times for Kansas). 73% of occupied homes here are lived in by their owners, and 31% of those owners still have a mortgage.
Selden at a glance
| Selden | Kansas | U.S. | |
|---|---|---|---|
| Median home value | $101,500 | $217,200 | $332,700 |
| Median property tax paid per year | $1,457 | $2,798 | $3,119 |
| Property tax as a share of value | 1.44% | 1.29% | 0.94% |
| Median household income | $53,438 | $74,275 | $80,734 |
| Homes lived in by their owners | 73% | 67% | 65% |
| Owner homes with a mortgage | 31% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $1,156 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 16.6% | 19.4% | 21.0% |
| Median rent | $655 | $1,060 | $1,413 |
| Rent as a share of renters' income | 19.6% | 27.1% | 30.6% |
| Median year homes were built | 1938 | 1976 | 1980 |
| Vacant homes | 14.8% | 9.2% | 10.1% |
| Population | 288 | 2,947,197 | 334,922,499 |
What a typical home costs per month in Selden
At this week's average 30-year rate of 7.11%, buying the median Selden home of $101,500 with 20% down costs about $710 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $879, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $30,443 for the 20%-down payment. That payment is 16% of the median Selden household income of $53,438; at that income and 20% down, the 28% guideline points to a home of about $178,000.
The median rent here is $655 a month, so owning the median home costs about $55 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $20,300 |
|---|---|
| Loan amount | $81,200 |
| Principal and interest | $546 |
| Property taxes (1.44% a year) | $122 |
| Homeowners insurance (our estimate, 0.5% a year) | $42 |
| PMI | $0 |
| Total per month | $710 |
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| Down payment | $3,552 |
|---|---|
| Loan amount | $99,662 |
| Principal and interest | $670 |
| Property taxes (1.44% a year) | $122 |
| Homeowners insurance (our estimate, 0.5% a year) | $42 |
| FHA mortgage insurance | $45 |
| Total per month | $879 |
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Questions about home buying in Selden
What is the median home value in Selden?
About $101,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Selden?
Homeowners pay a median $1,457 a year, which is about 1.44% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Selden?
For the median home with 20% down at 7.11%, the payment is about $710 a month. Keeping that under 28% of gross income takes about $30,443 a year.
More about Selden
- Mortgage Refinance in Selden
- Debt Relief in Selden
- Home Equity Loans in Selden
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data