Cities with the most expensive homes in the Muncie metro area
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 $360,385 in October, 2.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of November 14, the 30-year fixed mortgage rate sits at 6.78%.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.
#9. Dunkirk, IN
- Typical home value: $122,643
- 1-year price change: +4.2%
- 5-year price change: +79.3%
#8. Muncie, IN
- Typical home value: $143,033
- 1-year price change: +7.3%
- 5-year price change: +68.4%
#7. Daleville, IN
- Typical home value: $146,480
- 1-year price change: +7.3%
- 5-year price change: +64.5%
#6. Eaton, IN
- Typical home value: $154,322
- 1-year price change: +8.7%
- 5-year price change: +67.7%
#5. Parker City, IN
- Typical home value: $155,780
- 1-year price change: +3.8%
- 5-year price change: +47.6%
#4. Albany, IN
- Typical home value: $177,429
- 1-year price change: +4.7%
- 5-year price change: +60.6%
#3. Gaston, IN
- Typical home value: $190,091
- 1-year price change: +5.9%
- 5-year price change: +50.7%
#2. Selma, IN
- Typical home value: $220,950
- 1-year price change: +5.8%
- 5-year price change: +54.7%
#1. Yorktown, IN
- Typical home value: $225,408
- 1-year price change: +4.3%
- 5-year price change: +49.9%