Home ValuePros

Market Intelligence · IN / Muncie

Muncie, IN 47305 Housing Market

The typical home in Muncie's 47305 ZIP code is worth $86,843, down 2.3% over the past year. Homes listed for sale sit at a median of $127,500 and stay on the market for 50 days on average.

Updated August 2026Median value$88K

The median home value in Muncie, IN 47305 is $88K as of August 2026, down 1.1% 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 47305 range

$81K to $95K

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

-1.1% over 12 months

Typical home value in 47305 over the last 12 months: $89K in Aug 2025 to $88K in Aug 2026 (-1.1%).

Aug 2025$89K

Aug 2026$88K

The numbers

What is the 47305 housing market like?

Typical home value

$88K

Down1.1%YoY

Median list price

$128K

Up2.2%MoM

Days on market

50

Up16.3%MoM

Homes for sale

12

Down14.3%MoM

Price cuts

22.2%

Up53.8%MoM

New listings

4

Down33.3%MoM

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

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The comparison

How do 47305 home prices compare?

  • 47305$88,147
  • 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

Inventory in 47305 remains limited, with 12 homes currently for sale and just 4 new listings as of August 2026. The median list price of $127,500 reflects a gap above the typical home value of $86,843. About 22.2% of listings have received price cuts, a sign that some sellers are adjusting expectations. At 50 days median time on market, homes are moving at a measured pace. For a seller, the combination of low inventory and modest buyer activity suggests realistic pricing matters more than ever.

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