47305 Home Values & Market Trends

There are 49 homes currently listed for 47305. 47305 real estate market trends show that home prices range from $27,600 to $765,000, and the median sales price in the 47305 zip code is $78,475. The total number of properties sold within the past twelve months is 78. In 47305, 2 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.

47305 Real Estate Market Overview

CityMedian Est. Value
Muncie

$ 165,740

$ 109/sqft

Housing Market Summary for 47305

Sep 2025September 2026Change
Median Listing Price$99,500$88,900-10.65%
Median Sold Price$86,985$70,350.5-19.12%
Homes For Sale404820.00%
Homes Sold3416-52.94%
Price
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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%.

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Browse Homes in 47305

The median list price of a home in Muncie, is $78,475. A total of 49 properties are for sale, and the percentage of properties for sale in the zip code is 49.00%. The total count of 47305 properties is 67.

Foreclosure
There is 1 cities within 47305; within this cities, the median estimated home value for homes in foreclosure ranges from $393,933 in muncie to the lowest value of $31,759 in muncie. Foreclosure homes account for 2.00% of properties in 47305 with muncie containing 71 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.49% of all residential properties in 47305 with muncie containing 54 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 47305; of that cities, the estimated home value for pre-foreclosure homes ranges from $347,477 in muncie to the lowest home value of $31,759 in muncie.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 47305 ranges from the highest value of $222,281 in muncie to the lowest value of $42,145 in muncie. Bank owned homes and properties account for 1.49% of properties in 47305. There is 1 cities within 47305; muncie containing 8 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 47305. Auction homes and other auction properties account for 0% of all properties in 47305. There is 1 cities within 47305; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 73.13% of residential properties in 47305 with muncie containing 1401 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 47305; homes for sale in that cities, have a range of median values from $1,245,889 in muncie to the lowest value of $11,133 in muncie.
    Sold Homes
    The median value for recently sold homes ranges from $625,297 in muncie to the lowest price of $18,230 in muncie. There is 1 cities within 47305. muncie has 329 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 20.90% of properties in 47305.

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      Guide for 47305

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.