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Condo Foreclosures in Muncie, IN 47304

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Muncie, IN Foreclosures

How much do homes sell for in Muncie, IN?
The average home price is currently $172,386.
In Muncie, IN, how many homes are available?
There are currently 2 active home listings available in Muncie.
What’s the average rental cost in Muncie, IN?
The average rental price in Muncie is $993.
What is the most expensive home in Muncie?
The most expensive home sold in Muncie had a price of $22,101,178.
What is currently the cheapest priced home in Muncie, IN?
The cheapest home for sale in Muncie is priced at $10,020.

Living in Muncie, IN

Muncie, Indiana, is an appealing mid-sized city known for its community spirit and academic influence from Ball State University. With diverse education, strong local businesses, and vibrant cultural activities, Muncie offers an excellent quality of life. The city's mix of urban and rural settings provides many amenities and leisure activities for all lifestyles.

Current Market Conditions in Muncie, IN

The Muncie real estate market has shown stability over recent months, with property values experiencing gradual appreciation. The demand for homes in the city continues to grow due to its affordability compared to larger nearby cities, making it attractive to first-time home buyers and investors.

More recently, Muncie's market has been characterized by low inventory levels, leading to increased competition among buyers. As a result, homes tend to sell quickly, often at or above asking prices, indicating a favorable environment for sellers.

Home Value Estimator For Muncie, IN

There are currently 30,409 real estate properties in Muncie, IN, with a median automated valuation model (AVM) price of $146,945.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Muncie, IN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Muncie, IN, is $172,386.00, with the most expensive house in Muncie, IN, topping out at $22,101,178.00 and the cheapest home in Muncie, IN, clocking in at $10,020.00. In other words, there’s something for every potential homebuyer or savvy investor in Muncie, IN!

Rent Prices In Muncie, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Muncie, IN, is on a rollercoaster ride. The average rent price in Muncie, IN, is $993.00. Indeed, when looking to rent in Muncie, IN, you can expect to pay as little as $430.00 or as much as $3,280.00, with the average rent median estimated to be $950.00. The good news is that finding an affordable and desirable property to rent in Muncie, IN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Muncie, IN 47304 Condos

Market Trend for Muncie, IN

Total Listings Available: 2

Market Values:

Home Prices from $10,020 to $22,101,178

Average Sales Price: $172,386

Rental Values:

Rental from $430 to $3,280

Average Rent Value: $993 / month

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