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Featured local agent — Muncie, IL
Sarah Mitchell
Compass Real Estate · Muncie, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Muncie, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$122,000median sale price
How is the Muncie, IL housing market right now?
The median home sale price in Muncie, IL is $122,000, down 37.0% year-over-year. Homes sell in an average of 34 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of September 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Muncie a buyer's or seller's market?
Muncie, IL is currently a leaning buyer's and homes selling in about 34 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
34
Average pace
Active listings
—
Sale-to-list
87.1%
Below asking
What does the Muncie housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $122,000 |
| Year-over-year price change | -37.0% |
| Average days on market | 34 days |
| Sale-to-list price ratio | 87.1% |
| Median price per sq ft | $80/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Muncie by property type?
How the Muncie, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $122,000 | $80/sq ft | 1 | 34 days |
Source: Redfin · Updated monthly
The Muncie housing market is currently classified as a leaning buyer's with a median sale price of $122,000. Prices have fallen 37.0% compared to last year, with homes spending an average of 34 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Muncie
Explore homes currently listed for sale in Muncie, Illinois across major real estate platforms.
Who lives in Muncie?
Population
144
Median income
$78,750/yr
Median age
53.9 years
Owner-occupied
94.3%
College grads
22.7%
Avg commute
23.7 min
Source: U.S. Census Bureau ACS
What is it like to live in Muncie?
Muncie is a community of approximately 0K residents with a median age of 53.9 years.The median household income is $78,750, which reflects a relatively affluent area with strong earning potential. 22.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 94.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Muncie offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Muncie, IL?
Want a head-to-head view? Compare Muncie side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Muncie?
The median home sale price in Muncie is $122,000, down 37.0% from last year.
How long do homes stay on market in Muncie?
Homes typically spend 34 days on market before going under contract.
What is the median income in Muncie?
The median household income is $78,750 per year.
How much does a single-family home cost in Muncie?
The median single-family home price in Muncie, IL is $122,000 (about $80 per square foot).
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