Sep 2026
$188K
+8.4% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Muncie, IN housing market
Muncie, IN metro median sale price $188K in Sep 2026, up 8.4% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the Muncie, IN metro is $188K as of Sep 2026, up 8.4% from a year earlier. That is the 28th-largest year-over-year gain of the 383 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro shows a larger change, up 13.9% through Q2 2026, 5.5 points apart; Price reconciliation below shows both.
On median sale price, Muncie ($188K) ranks 11th of the 12 Indiana metros Pecan Street tracks, between Kokomo ($193K) and Terre Haute ($188K). On median days on market, Muncie (50 days) ranks 6th of the 12 Indiana metros, between Lafayette (52 days) and Kokomo (47 days). On share of listings with a price cut, Muncie (49%) ranks 7th of the 12 Indiana metros, between Lafayette (51%) and Kokomo (48%).
Listings spent a median 50 days on market in Sep 2026, fewer than in most of the 385 metros. 49% of active listings carry a price cut, 8.7 points fewer than a year earlier. That share is the 35th-highest of the 385 metros. Median asking prices sit about 3% below the median sale price.
At the 7.29% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $1,030 a month; at 28% of gross income, that takes about $44K a year. The median sale price equals about 11 years of HUD Fair Market Rent, a ratio up 1.7% from a year earlier. That ratio is the 11th-lowest of the 373 metros. Active listings ask a median $114 per square foot, up 2.6% from a year earlier.
In two of the three ZIP codes in the table below, median list prices are higher than a year earlier; one is lower.
Headline
Oct 15, 2026
7.29%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,030/mo
$44K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Muncie compares to other U.S. metros
| Price-to-rent | ↓363rd of 373 |
|---|---|
| Home-price growth | ↑28th of 383 (top 8%) |
| Price cuts | ↑35th of 385 (top 10%) |
| Asking-vs-sale gap | ↓261st of 292 |
| Days on market | ↓273rd of 385 |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 11 +1.7% YoY ↓363rd of 373 |
|---|---|
| Asking price / sq ft | $114 +2.6% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 49% -8.7 pts YoY ↑35th of 385 (top 10%) |
|---|
The median asking price $182K runs about 3% below the median sale price $188K.
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. Asking is the median list price of active listings (Realtor.com, this month); sale is the headline median of recent closings (Redfin, a rolling 3-month median) — distinct sources and windows, so the gap is a directional read, not a like-for-like difference. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 3 shown of 10 |
|---|---|
| MLS board of record | — |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
red · 5.5ppRedfin (metro) +8.4% | FHFA HPI · Q2 2026 +13.9% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
More markets in IN
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Try it freeZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 47302 | $99K↓ | 83↑ | 34↓ | 44↑ | 45↑ | $102K↑ |
| 47303 | $160K↑ | 68↑ | 34↑ | 38↑ | 42↑ | $142K↑ |
| 47304 | $255K↑ | 82↑ | 42↓ | 34↓ | 52↑ | $213K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.