Zip 47303 (Muncie, IN) Housing

Muncie, Indiana, with zip code 47303, is a great place to live! The median housing value in the city is $113,900, which is much lower than the US median of $338,100. This affordability has been a great benefit for those looking to buy a home in Muncie. In the last year alone, the city has seen an incredible 13.04% appreciation rate in housing values compared to a 8.27% national average. These factors make it an attractive option for those who are looking for an affordable place to live that will also experience solid gains over time.

The median home cost in Muncie (zip 47303) is $113,900. Home appreciation the last 10 years has been 73.6%. Home Appreciation in Muncie (zip 47303) is up 15.1%.

Average Age of Homes

- The median age of Muncie (zip 47303) real estate is 54 years old

The Rental Market in Muncie (zip 47303)

- Renters make up 42.1% of the Muncie (zip 47303) population
- 3.8% of houses and apartments in Muncie (zip 47303), 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
	11,372.0	139,647,020.0
	56	42
	$113,900	$338,100
	15.1%	16.6%
	51.5%	57.0%
	73.6%	101.1%
	$8.71	$10.98
	$730	$2,690
	44.7%	57.4%
	11.7%	11.2%
	43.7%	31.4%
Vacant Housing
	3.8%	1.9%
	0.8%	0.4%
	0.3%	0.7%
	0.2%	0.4%
	0.0%	3.6%
	6.7%	4.1%
Value of Owner-Occupied Housing
	4.9%	2.6%
	11.3%	2.4%
	10.8%	2.8%
	19.1%	3.9%
	16.5%	4.5%
	18.5%	11.3%
	10.3%	13.0%
	5.5%	20.1%
	1.2%	13.6%
	0.8%	8.3%
	0.3%	9.7%
	0.0%	3.9%
	0.4%	2.2%
	0.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.6%	13.6%
	5.6%	13.6%
	11.4%	13.6%
	6.2%	13.2%
	15.7%	14.8%
	11.4%	13.6%
	13.9%	10.0%
	8.6%	4.7%
	21.1%	12.2%

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