Muncie, IL is a great place to invest in housing. The median value of housing in the area is $92,800 compared to the national median house value of $338,100. Additionally, over the past year there has been an 8.72% appreciation rate for houses in Muncie which is slightly higher than the US average of 8.27%. This makes investing into real estate in Muncie a wise choice with a strong return on investment potential.
The median home cost in Muncie is $92,800. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Muncie is up 14.5%.
Average Age of Homes
- The median age of Muncie real estate is 74 years old
The Rental Market in Muncie
- Renters make up 21.2% of the Muncie population
- 0.0% of houses and apartments in Muncie, 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.