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
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Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
⚖️
BALANCED MARKET
Muncie, IN Metro Area
Even conditions for buyers and sellers
39 days
Average time to sell
Average
11.5%
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 August 29, 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 | $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% | |
| 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% | |
| 47303 | Muncie | IN | $147,263 | $983 | 5.20% | |
| 47338 | Eaton | IN | $170,786 | $864 | 3.95% | |
| 47342 | Gaston | IN | $201,636 | $873 | 3.38% | |
| 47304 | Muncie | IN | $216,617 | $1,089 | 3.92% | |
| 47368 | Parker City | IN | $173,726 | $864 | 3.88% | |
| 47320 | Albany | IN | $200,016 | $864 | 3.37% | |
| 47383 | Selma | IN | $241,582 | $999 | 3.23% | |
| 47303 | Muncie | IN | $139,287 | $984 | 5.51% | |
| 47336 | Dunkirk | IN | $132,065 | $873 | 5.16% | |
| 47396 | Yorktown | IN | $256,044 | $835 | 2.54% | |
| 47304 | Muncie | IN | $206,485 | $1,227 | 4.64% | |
| 47338 | Eaton | IN | $173,941 | $864 | 3.87% | |
| 47342 | Gaston | IN | $207,430 | $873 | 3.28% | |
| 47320 | Albany | IN | $186,512 | $864 | 3.61% | |
| 47368 | Parker City | IN | $180,314 | $864 | 3.74% | |
| 47336 | Dunkirk | IN | $125,403 | $873 | 5.43% | |
| 47383 | Selma | IN | $249,884 | $999 | 3.12% | |
| 47396 | Yorktown | IN | $261,310 | $835 | 2.49% | |
| 47303 | Muncie | IN | $147,923 | $1,012 | 5.34% | |
| 47338 | Eaton | IN | $163,035 | $864 | 4.13% | |
| 47304 | Muncie | IN | $217,910 | $1,072 | 3.84% | |
| 47342 | Gaston | IN | $191,767 | $873 | 3.55% | |
| 47368 | Parker City | IN | $166,690 | $864 | 4.04% | |
| 47320 | Albany | IN | $202,243 | $864 | 3.33% | |
| 47383 | Selma | IN | $233,346 | $999 | 3.34% | |
| 47336 | Dunkirk | IN | $132,667 | $873 | 5.13% | |
| 47396 | Yorktown | IN | $245,916 | $835 | 2.65% | |
| 47304 | Muncie | IN | $206,597 | $1,202 | 4.54% | |
| 47338 | Eaton | IN | $177,652 | $864 | 3.79% | |
| 47342 | Gaston | IN | $209,320 | $873 | 3.25% | |
| 47320 | Albany | IN | $182,013 | $864 | 3.70% | |
| 47368 | Parker City | IN | $178,661 | $864 | 3.77% | |
| 47336 | Dunkirk | IN | $125,136 | $873 | 5.44% | |
| 47383 | Selma | IN | $252,441 | $999 | 3.09% |
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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.