47302, Muncie, IN

Muncie, Indiana is a city located in the southern part of the state. As of the 2010 census, Muncie had a population of 71,912. The city is home to Ball State University and has been recognized as one of the most affordable places to live in Indiana.

The median home value in Muncie was $119,000 as of September 1, 2016 according to Zillow. This is lower than the statewide median home value of $146,500 but higher than the national median home value of $77,700. The city's low cost of living is likely due to its proximity to Ball State University and other affordable housing options.

As of September 1st 2016 there were 26,898 homes for sale in Muncie compared to 25,848 homes for sale statewide and 24,992 homes for sale nationwide. This indicates that there are more homes for sale in Muncie than statewide or nationwide but that there are still plenty available for purchase. In addition, according to Trulia as of September 1st 2016 there were 4 listings available in the 47302 zip code which was less than half the number available statewide and 2 listings available nationally which was also less than half the number available nationally. This indicates that sellers are actively marketing their properties within Muncie which may be contributing to its low rate of home price growth over time relative to other areas within Indiana or nationwide