Muncie Metro Area, IN Housing

Muncie, IN Metro Area is a great place to consider buying a house. According to the latest statistics, the median value of housing in this area is $129,900, which is significantly lower than the US House Median Value of $338,100. Additionally, the 1 year House Appreciation rate in this area is 8.45%, which is slightly higher than the US 1 year House Appreciation rate of 8.27%. With low house prices and high appreciation rates, it looks like buying a home in Muncie could be an excellent investment decision.

The median home cost in Muncie Metro Area is $129,900. Home appreciation the last 10 years has been 73.6%. Home Appreciation in Muncie Metro Area is up 15.1%.

Average Age of Homes

- The median age of Muncie Metro Area real estate is 53 years old

The Rental Market in Muncie Metro Area

- Renters make up 32.3% of the Muncie Metro Area population
- 2.4% of houses and apartments in Muncie Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Muncie, Indiana	United States
	51,683.0	139,647,020.0
	56	42
	$129,900	$338,100
	15.1%	16.6%
	51.5%	57.0%
	73.6%	101.1%
	$8.77	$10.98
	$906	$2,690
	57.3%	57.4%
	11.8%	11.2%
	30.9%	31.4%
Vacant Housing
	2.4%	1.9%
	0.9%	0.4%
	0.8%	0.7%
	1.0%	0.4%
	0.3%	3.6%
	6.5%	4.1%
Value of Owner-Occupied Housing
	4.7%	2.6%
	7.7%	2.4%
	9.8%	2.8%
	13.5%	3.9%
	12.6%	4.5%
	23.8%	11.3%
	12.1%	13.0%
	10.0%	20.1%
	3.0%	13.6%
	1.4%	8.3%
	1.0%	9.7%
	0.2%	3.9%
	0.1%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	6.8%	13.6%
	6.8%	13.6%
	10.0%	13.6%
	7.2%	13.2%
	14.5%	14.8%
	10.0%	13.6%
	15.0%	10.0%
	7.8%	4.7%
	19.6%	12.2%

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