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Foreclosure Homes in Muncie, IN

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Muncie, IN Foreclosures

How much do homes sell for in Muncie, IN?
The average home price is currently $166,971.
In Muncie, IN, how many homes are available?
There are currently 294 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 $4,017,938.
What is currently the cheapest priced home in Muncie, IN?
The cheapest home for sale in Muncie is priced at $10,098.

Living in Muncie, IN

Muncie, IN, offers a welcoming atmosphere with a mix of educational and recreational opportunities. The presence of Ball State University enriches the cultural landscape, while numerous parks and community events foster a strong sense of belonging. The affordable cost of living coupled with a well-connected transportation system makes Muncie an ideal location for real estate investment.

Current Market Conditions in Muncie, IN

The real estate market in Muncie has seen steady growth over the past few years, driven by the increasing demand for rental properties from college students and young professionals. Homes are competitively priced, making it an appealing market for investors looking to capitalize on rental opportunities.

Currently, the market is characterized by a healthy balance of supply and demand, with properties in good condition being snapped up quickly. Investors can expect favorable conditions, as the trend shows an uptick in property values and an increasing interest in the area.

Home Value Estimator For Muncie, IN

There are currently 30,141 real estate properties in Muncie, IN, with a median automated valuation model (AVM) price of $141,967.00. 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 $166,971.00, with the most expensive house in Muncie, IN, topping out at $4,017,938.00 and the cheapest home in Muncie, IN, clocking in at $10,098.00. 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 Foreclosures

Market Trend for Muncie, IN

Total Listings Available: 294

Market Values:

Home Prices from $10,098 to $4,017,938

Average Sales Price: $166,971

Rental Values:

Rental from $430 to $3,280

Average Rent Value: $993 / month

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