Zip 61857 (Muncie, IL) Housing

The housing market in 61857 Muncie, IL is comparable to the US house median value of $338,100, as the median value in this area is $76,200. Additionally, the 1 year house appreciation in Muncie is 8.72%, which is slightly higher than the US 1 year house appreciation of 8.27%. This indicates that the housing market in 61857 Muncie has been growing and performing well over the last year. In conclusion, 61857 Muncie is a great place to invest in real estate given its comparative affordability and strong appreciation rate.

The median home cost in Muncie (zip 61857) is $76,200. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Muncie (zip 61857) is up 14.5%.

Average Age of Homes

- The median age of Muncie (zip 61857) real estate is 59 years old

The Rental Market in Muncie (zip 61857)

- Renters make up 21.2% of the Muncie (zip 61857) population
- 0.0% of houses and apartments in Muncie (zip 61857), 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, Illinois	United States
	92.0	139,647,020.0
	53	42
	$76,200	$338,100
	14.5%	16.6%
	36.1%	57.0%
	46.3%	101.1%
	$18.97	$10.98
	$1,387	$2,690
	82.6%	57.4%
	5.4%	11.2%
	12.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	5.4%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	3.9%	2.6%
	7.9%	2.4%
	42.1%	2.8%
	7.9%	3.9%
	2.6%	4.5%
	23.7%	11.3%
	11.8%	13.0%
	0.0%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.1%	13.6%
	1.1%	13.6%
	10.9%	13.6%
	1.1%	13.2%
	29.3%	14.8%
	10.9%	13.6%
	9.8%	10.0%
	2.2%	4.7%
	32.6%	12.2%

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