Muncie, IN Metro Area - Investment Guide
Metro Area • 8 Cities • 11 ZIP Codes
Avg Home Value
$178,394
Avg Monthly Rent
$913
Avg Cap Rate
4.42%
Avg Investability
3.2 ★
Cities
8
ZIP Codes
11
This metro is one of hundreds you can screen side by side — filter by the numbers that matter and get alerts when they move. See plans →
Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
7.28%
as of Oct 1
Source: Freddie Mac PMMS
☀️
WARM MARKET
Muncie, IN Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
11.3%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of September 19, 2026 — updated weekly
Best ZIP codes in Muncie, IN
Every ZIP in the metro, ranked four ways. Free.
Cities in Muncie, IN
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 47305 | Muncie | IN | $85,669 | $822 | 7.48% | |
| 47302 | Muncie | IN | $98,257 | $926 | 7.35% | |
| 47303 | Muncie | IN | $137,585 | $1,063 | 6.03% | |
| 47305 | Muncie | IN | $76,894 | $760 | 7.71% | |
| 47302 | Muncie | IN | $104,695 | $985 | 7.34% | |
| 47305 | Muncie | IN | $80,206 | $760 | 7.40% | |
| 47302 | Muncie | IN | $106,649 | $953 | 6.97% | |
| 47305 | Muncie | IN | $86,843 | $841 | 7.55% | |
| 47302 | Muncie | IN | $99,860 | $962 | 7.52% | |
| 47305 | Muncie | IN | $82,561 | $760 | 7.18% | |
| 47302 | Muncie | IN | $107,554 | $927 | 6.72% | |
| 47305 | Muncie | IN | $84,117 | $796 | 7.38% | |
| 47302 | Muncie | IN | $98,257 | $926 | 7.35% | |
| 47303 | Muncie | IN | $137,585 | $1,063 | 6.03% | |
| 47305 | Muncie | IN | $76,894 | $760 | 7.71% | |
| 47302 | Muncie | IN | $107,755 | $930 | 6.73% | |
| 47338 | Eaton | IN | $162,349 | $864 | 4.15% | |
| 47396 | Yorktown | IN | $262,208 | $835 | 2.48% | |
| 47303 | Muncie | IN | $147,200 | $976 | 5.17% | |
| 47304 | Muncie | IN | $215,205 | $1,095 | 3.97% | |
| 47342 | Gaston | IN | $193,411 | $873 | 3.52% | |
| 47368 | Parker City | IN | $167,361 | $864 | 4.03% | |
| 47383 | Selma | IN | $230,539 | $999 | 3.38% | |
| 47320 | Albany | IN | $199,562 | $864 | 3.38% | |
| 47396 | Yorktown | IN | $245,812 | $909 | 2.88% | |
| 47336 | Dunkirk | IN | $130,692 | $873 | 5.21% | |
| 47338 | Eaton | IN | $173,834 | $864 | 3.88% | |
| 47304 | Muncie | IN | $206,597 | $1,202 | 4.54% | |
| 47342 | Gaston | IN | $205,498 | $873 | 3.31% | |
| 47320 | Albany | IN | $182,013 | $864 | 3.70% | |
| 47368 | Parker City | IN | $177,787 | $864 | 3.79% | |
| 47383 | Selma | IN | $247,593 | $999 | 3.15% | |
| 47336 | Dunkirk | IN | $125,136 | $873 | 5.44% | |
| 47338 | Eaton | IN | $162,349 | $864 | 4.15% | |
| 47396 | Yorktown | IN | $259,947 | $835 | 2.51% | |
| 47303 | Muncie | IN | $143,205 | $924 | 5.03% | |
| 47304 | Muncie | IN | $212,280 | $1,186 | 4.36% | |
| 47342 | Gaston | IN | $193,411 | $873 | 3.52% | |
| 47368 | Parker City | IN | $167,361 | $864 | 4.03% | |
| 47320 | Albany | IN | $194,594 | $864 | 3.46% | |
| 47383 | Selma | IN | $230,539 | $999 | 3.38% | |
| 47396 | Yorktown | IN | $245,812 | $909 | 2.88% | |
| 47336 | Dunkirk | IN | $124,461 | $873 | 5.47% | |
| 47338 | Eaton | IN | $170,786 | $864 | 3.95% | |
| 47303 | Muncie | IN | $147,263 | $983 | 5.20% | |
| 47304 | Muncie | IN | $216,617 | $1,089 | 3.92% | |
| 47342 | Gaston | IN | $201,636 | $873 | 3.38% | |
| 47368 | Parker City | IN | $173,726 | $864 | 3.88% | |
| 47383 | Selma | IN | $241,582 | $999 | 3.23% | |
| 47320 | Albany | IN | $200,016 | $864 | 3.37% |
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →Free to search · investor plans from $19/mo
The wrong ZIP kills a good deal — screen every market.
Open the Market Finder →
About Muncie, IN Real Estate Market
The Muncie, IN metropolitan statistical area (MSA) encompasses 8 cities and 11 ZIP codes. The average home value across the metro is $178,394, with an average monthly rent of $913. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.