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Cheap Homes in Muncie, IN

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Muncie, IN Foreclosures

Current Market Conditions in in Muncie, IN As of February 2026?
Over the past month, Muncie's real estate market has remained stable with slight increases in home prices attributed to low inventory levels and high demand. Homes that were priced correctly have sold quickly, reflecting a competitive buyer's market. Days on market are shorter than last year, indicating a sense of urgency among buyers. Overall, potential sellers are recommended to take advantage of this favorable market environment.
How much do homes sell for in Muncie, IN?
The average home price is currently $178,314.
In Muncie, IN, how many homes are available?
There are currently 9 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 $22,157,648.
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, offers a blend of educational opportunities, community engagement, and rich cultural experiences. With a commitment to outdoor activities and local amenities, it is an ideal place for families and young professionals alike. The city is well-connected and boasts affordable housing options.

Buyer vs Seller Market in Muncie, IN

The Muncie real estate market is experiencing steady growth, with home values showing a gradual appreciation over the past few months. This trend has made it an attractive destination for first-time home buyers as well as investors looking to capitalize on the affordable housing market.

Rental properties in Muncie are in demand due to the presence of students and university faculty, contributing to a healthy rental market. This multifaceted demand has bolstered the strength of the housing market in the region.

Home Value Estimator For Muncie, IN

There are currently 31,324 real estate properties in Muncie, IN, with a median automated valuation model (AVM) price of $149,239.00. 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 $178,314.00, with the most expensive house in Muncie, IN, topping out at $22,157,648.00 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.

Cheap Homes in Muncie, IN

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