Zip 47304 (Muncie, IN) Housing

The housing market in 47304 Muncie, IN is appreciating at a faster rate than the US average. The median house value in this area is $165,400, compared to the US average of $338,100. Over the last year, the appreciation rate for housing in 47304 Muncie has been 13.04%, substantially higher than the national rate of 8.27%. This means that homes are appreciating quickly and can be a great investment opportunity for potential buyers.

The median home cost in Muncie (zip 47304) is $165,400. Home appreciation the last 10 years has been 73.6%. Home Appreciation in Muncie (zip 47304) is up 15.1%.

Average Age of Homes

- The median age of Muncie (zip 47304) real estate is 46 years old

The Rental Market in Muncie (zip 47304)

- Renters make up 32.9% of the Muncie (zip 47304) population
- 3.2% of houses and apartments in Muncie (zip 47304), 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
	14,796.0	139,647,020.0
	48	42
	$165,400	$338,100
	15.1%	16.6%
	51.5%	57.0%
	73.6%	101.1%
	$9.87	$10.98
	$1,289	$2,690
	61.8%	57.4%
	7.7%	11.2%
	30.5%	31.4%
Vacant Housing
	3.2%	1.9%
	1.5%	0.4%
	0.2%	0.7%
	1.6%	0.4%
	0.3%	3.6%
	0.9%	4.1%
Value of Owner-Occupied Housing
	4.1%	2.6%
	1.0%	2.4%
	2.4%	2.8%
	7.5%	3.9%
	12.2%	4.5%
	39.2%	11.3%
	17.0%	13.0%
	11.4%	20.1%
	1.8%	13.6%
	1.3%	8.3%
	2.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.3%	13.6%
	8.3%	13.6%
	12.8%	13.6%
	11.9%	13.2%
	17.5%	14.8%
	12.8%	13.6%
	15.9%	10.0%
	5.8%	4.7%
	3.7%	12.2%

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