Market Intelligence · IN / Muncie

Muncie, IN 47304 Housing Market

The typical home value in Muncie's 47304 ZIP is $216,617, up 3.7% over the past year. Homes listed here have a median price of $249,900 and spend 46 days on the market before selling.

Updated August 2026Median value$217K

The median home value in Muncie, IN 47304 is $217K as of August 2026, up 3.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 47304 range

$200K to $235K

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

+3.7% over 12 months

Typical home value in 47304 over the last 12 months: $209K in Aug 2025 to $217K in Aug 2026 (+3.7%).

Aug 2025$209K

Aug 2026$217K

The numbers

What is the 47304 housing market like?

Typical home value

$217K

Up3.7%YoY

Median list price

$250K

Up3.9%MoM

Days on market

46

Up9.5%MoM

Homes for sale

83

Down3.5%MoM

Price cuts

25.1%

Up5.4%MoM

New listings

40

Down9.1%MoM

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

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The comparison

How do 47304 home prices compare?

  • 47304$217,157
  • Muncie$126,358
  • Indiana$237,708
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Muncie: 4 ZIPs; Indiana: 697 ZIPs; United States: 26,265 ZIPs).

Context

There are 83 homes for sale in 47304, with 40 new listings added recently. The median list price sits at $249,900, and homes typically spend 46 days on market. One quarter of listings have seen price cuts, suggesting sellers are adjusting to market conditions. For homeowners considering a sale, the modest appreciation paired with price reductions signals a balanced market where timing and pricing strategy matter.

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