Muncie, IN Real Estate

According to census data in the year 2000 there were 30,212 housing units in Muncie. This represents a 1.3% growth from 29,828 in 1990.

Of those housing units, 30,157 were located in either urbanized areas or urban clusters, and 55 were located in what is classified as a rural area.

Homeownership rate in Muncie is about 55.8%. Muncie's vacancy rate, including seasonal lodging, is about 9.6%. Average household size is 2.24 people.

The majority of houses, apartments or condos in Muncie were built after 1956.


Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom14.60%
Two Bedrooms39.40%
Three Bedrooms35.20%
Four Bedrooms7.90%
Five Bedrooms or more1.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1954
Median Value of occupied units$59,300
Median Price asked for vacant units$43,100

Rented Homes, Apartments and Condos

Average Household Size2.15
Median year structure was built1961
Median Monthly Rent asked for vacant units$360

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage6.70%
Home Equity Loan5.90%
Simple Mortgage50.20%
Debt Free37.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.2%