Market Intelligence · IN / Muncie

Muncie, IN 47302 Housing Market

The typical home value in Muncie, IN 47302 is $102,448, down 0.1% over the past year as of September 2026. The median list price is $99,475, and homes are spending a median of 45 days on market.

Updated September 2026Median value$102K

The median home value in Muncie, IN 47302 is $102K as of September 2026, down 0.1% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 47302 range

$94K to $111K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-0.1% over 12 months

Sep 2025$103K

Low $100KHigh $104K

Sep 2026$102K

The numbers

What is the 47302 housing market like?

As of September 2026

Typical home value

$102K

0.1%YoY

Median list price

$99K

0.5%MoM

Days on market

9.8%MoM

Homes for sale

15.3%MoM

Price cuts

31.5%

0.8%MoM

New listings

5.6%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

47302 housing market forecast 2027

+2.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 47302 to rise 2.3% by September 2027.

Over the 12 months through September 2026, typical home values in 47302 fell 0.1%, per the Zillow Home Value Index.

Will home prices drop in 47302?

Zillow's forecast does not call for a drop: it expects typical home values in 47302 to rise 2.3% by September 2027, after a 0.1% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 47302 home prices compare?

47302$102,448
Muncie$122,148
Indiana$233,780
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Muncie: 4 ZIPs; Indiana: 697 ZIPs; United States: 26,262 ZIPs).

Context

There were 83 homes for sale in Muncie, IN 47302 as of September 2026, with 34 new listings coming on during that period. The median list price of $99,475 sits just below the typical home value of $102,448, which slipped 0.1% over the past year. Homes are moving at a measured pace, with a median of 45 days on market. Meanwhile, 31.5% of listings have taken a price cut, a sign that some sellers are adjusting expectations. For a seller, the honest takeaway is that pricing realistically from day one matters more than testing the market high.

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Down payment20% · $20,490

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Common questions

What people ask us.

How much is a home in 47302 worth?

The typical home value in Muncie, IN 47302 is $102,448 as of September 2026, down 0.1% over the past year. The median list price is $99,475.

How long does it take to sell a home in 47302?

Homes in 47302 spend a median of 45 days on market as of September 2026. That suggests a moderate pace, with buyers having some room to compare options.

Are sellers in 47302 cutting prices?

Yes, 31.5% of listings in 47302 had a price cut as of September 2026. There were 83 homes for sale, including 34 new listings.

Discover

Nearby ZIP markets.

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