Muncie, IN housing market
Typical home value
$154K
▲ 3.2% 1 yr
Typical rent
$1,043/mo
▲ 5.5% 1 yr
Gross rent yield
8.1%
U.S. 6.3%
5-year home value change
+38%
U.S. +20%
Key takeaways
- 1The typical home in Muncie is worth $153,572, up 3.2% over the past year and up 38% over five years.
- 2Typical rent is $1,043 a month (+5.5% YoY), a gross rent yield of 8.1% (above the Muncie, IN metro's 7.4%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $844/mo, $199 less than typical rent.
- 4Zillow forecasts the Muncie, IN metro's home values to change +2.9% over the next 12 months.
Market temperature (Muncie, IN metro)
Neutral market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 50/100, #142 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Muncie compares
| Measure | Muncie | Muncie, IN metro | United States |
|---|---|---|---|
| Typical home value | $153,572 | $168,798 | $366,157 |
| Home value, 1-yr change | +3.2% | +4.3% | +1.2% |
| Typical rent | $1,043 | $1,043 | $1,932 |
| Rent, 1-yr change | +5.5% | +5.6% | +2.7% |
| Gross rent yield | 8.1% | 7.4% | 6.3% |
| Price-to-rent ratio | 12.3 | 13.5 | 15.8 |
| Mortgage P&I, typical home | $844 | $928 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Muncie rental, pre-filled.
Rent vs buy in Muncie
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $154K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.