Housing in 47302 Muncie, IN is much more affordable than the national average, with the median value of houses at $70,100 which is less than a third of the US median value of $338,100. This affordability trend is supported by the fact that house appreciation over the last year in 47302 Muncie, IN was 13.04%, higher than the US average 1 year appreciation rate of 8.27%. Living in 47302 Muncie, IN has many advantages for homebuyers who are looking to get more bang for their buck when it comes to housing.
The median home cost in Muncie (zip 47302) is $70,100. Home appreciation the last 10 years has been 73.6%. Home Appreciation in Muncie (zip 47302) is up 15.1%.
Average Age of Homes
- The median age of Muncie (zip 47302) real estate is 62 years old
The Rental Market in Muncie (zip 47302)
- Renters make up 31.7% of the Muncie (zip 47302) population
- 1.5% of houses and apartments in Muncie (zip 47302), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.