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1 / 9#9. Dunkirk, IN
- Typical home value: $139,471
- 1-year price change: +1.5%
- 5-year price change: +36.1%
Cities with the most expensive homes in the Muncie metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of September 17, the 30-year fixed mortgage rate sits at 6.95%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in the Muncie metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 9 cities and towns with data available were included in the list.
You may also like: Most expensive homes for sale in Muncie
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2 / 9#8. Muncie, IN
- Typical home value: $158,233
- 1-year price change: +3.5%
- 5-year price change: +39.3%
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3 / 9#7. Daleville, IN
- Typical home value: $166,779
- 1-year price change: +8.0%
- 5-year price change: +42.5%
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4 / 9#6. Eaton, IN
- Typical home value: $175,374
- 1-year price change: +5.8%
- 5-year price change: +43.6%
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5 / 9#5. Parker City, IN
- Typical home value: $183,971
- 1-year price change: +9.9%
- 5-year price change: +39.0%
You may also like: Where people in Muncie are looking to buy homes
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6 / 9#4. Albany, IN
- Typical home value: $203,863
- 1-year price change: +7.2%
- 5-year price change: +42.5%
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7 / 9#3. Gaston, IN
- Typical home value: $208,698
- 1-year price change: +5.2%
- 5-year price change: +35.6%
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8 / 9#2. Selma, IN
- Typical home value: $247,817
- 1-year price change: +6.6%
- 5-year price change: +38.4%
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9 / 9#1. Yorktown, IN
- Typical home value: $252,404
- 1-year price change: +5.8%
- 5-year price change: +34.8%
