Muncie, IN Home Values & Market Trends
Real estate market trends reflect that there have been 3,140 transactions over the past year in Muncie. The median value for residential home transactions that occurred over the previous year is $135,294.26. The number of current listings in Muncie is 157, and the percentage of properties for sale in the city is 157.00%. Muncie, IN currently has 96 properties in foreclosure, 24 bank owned properties, 25 properties headed for auction, and 157 properties for sale.
Muncie, IN Real Estate Market Overview
Housing Market Summary for Muncie, IN
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $117.9K | $130.8K | 10.91% |
Median Sold Price | $116.3K | $130.8K | 12.41% |
Homes For Sale | 203 | 163 | -19.70% |
Homes Sold | 1,020 | 964 | -5.49% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Muncie, IN
Browse Homes in Muncie, IN
Muncie home values range from $15,560 to $10,168,256. The median estimated value of a home in Muncie is $135,294.26. The median list price of a home is 128,000, and the total count of properties in the city is 30,243.
- Pre-ForeclosurePre-foreclosure homes account for 0.16% of all residential properties in Muncie, IN with 47304 containing 21 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Muncie, IN; of those zips, the estimated home value for pre-foreclosure homes ranges from $904,413 in 47304 to the lowest home value of $36,123 in 47303.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Muncie, IN ranges from the highest value of $200,551 in 47304 to the lowest value of $29,199 in 47305. Bank owned homes and properties account for 0.08% of properties in Muncie, IN. There are 5 zips within Muncie, IN; 47302 containing 12 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions47302 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of Muncie, IN. Auction homes and other auction properties account for 0.08% of all properties in Muncie, IN. There are 5 zips within Muncie, IN; of those zips, the median estimated home value for homes going to auction ranges from $128,686 in 47304 to the lowest value of $27,164 in 47304.
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Guide for Muncie, IN
The real estate market in Indianapolis, Indiana has shown growth in property values from March 2023 to January 2024, despite a minor dip in properties sold.
The Fort Wayne, Indiana real estate market showed impressive growth trends in 2023, with property values and prices per square foot showing an upward trajectory, suggesting potential for continued growth.
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.