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.