Muncie, IN Home Values & Market Trends

Real estate market trends reflect that there have been 1,887 transactions over the past year in Muncie. The median value for residential home transactions that occurred over the previous year is $165,348. The number of current listings in Muncie is 1,394, and the percentage of properties for sale in the city is 1394.00%. Muncie, IN currently has 82 properties in foreclosure, 8 bank owned properties, 14 properties headed for auction, and 1,394 properties for sale.

Muncie, IN Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
47304

$ 231,345

$ 123/sqft

47305

$ 78,475

$ 53/sqft

47302

$ 99,926

$ 92/sqft

47306

$ --

$ --

47303

$ 145,266

$ 107/sqft

Housing Market Summary for Muncie, IN

Sep 2025September 2026Change
Median Listing Price$125K$140K12.00%
Median Sold Price$132.3K$127.4K-3.71%
Homes For Sale9621,37542.93%
Homes Sold767394-48.63%
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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 Muncie, IN

Muncie home values range from $11,133 to $1,245,889. The median estimated value of a home in Muncie is $165,348. The median list price of a home is 140,000, and the total count of properties in the city is 1,925.

Foreclosure
There are 5 zips within Muncie, IN; within these zips, the median estimated home value for homes in foreclosure ranges from $393,933 in 47302 to the lowest value of $31,759 in 47302. Foreclosure homes account for 4.00% of properties in Muncie, IN with 47304 containing 30 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 3.12% of all residential properties in Muncie, IN with 47304 containing 24 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 $339,874 in 47305 to the lowest home value of $31,759 in 47302.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Muncie, IN ranges from the highest value of $77,299 in 47303 to the lowest value of $37,828 in 47302. Bank owned homes and properties account for 0.42% of properties in Muncie, IN. There are 5 zips within Muncie, IN; 47302 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    47304 has 5 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 0.73% 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 $393,933 in 47304 to the lowest value of $60,781 in 47304.
Homes for Sale
Homes and properties that are actively listed for sale account for 72.42% of residential properties in Muncie, IN with 47304 containing 605 homes for sale, the highest number of listed properties in a single zip. There are 5 zips within Muncie, IN; homes for sale in those zips, have a range of median values from $1,245,889 in 47304 to the lowest value of $11,133 in 47303.
    Sold Homes
    The median value for recently sold homes ranges from $625,297 in 47304 to the lowest price of $18,230 in 47304. There are 5 zips within Muncie, IN. 47302 has 154 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 19.06% of properties in Muncie, IN.

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      Guide for Muncie, IN

      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.