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 $360,999 in September, 2.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of October 17, the 30-year fixed mortgage rate sits at 6.44%.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: $121,229
- 1-year price change: +3.3%
- 5-year price change: +78.2%
#8. Muncie, IN
- Typical home value: $141,936
- 1-year price change: +6.5%
- 5-year price change: +67.9%
#7. Daleville, IN
- Typical home value: $145,413
- 1-year price change: +7.0%
- 5-year price change: +65.4%
#6. Eaton, IN
- Typical home value: $152,771
- 1-year price change: +8.0%
- 5-year price change: +67.3%
#5. Parker City, IN
- Typical home value: $154,333
- 1-year price change: +3.0%
- 5-year price change: +46.2%
#4. Albany, IN
- Typical home value: $176,110
- 1-year price change: +4.0%
- 5-year price change: +60.6%
#3. Gaston, IN
- Typical home value: $189,736
- 1-year price change: +5.4%
- 5-year price change: +50.8%
#2. Selma, IN
- Typical home value: $219,678
- 1-year price change: +5.7%
- 5-year price change: +55.1%
#1. Yorktown, IN
- Typical home value: $223,521
- 1-year price change: +3.6%
- 5-year price change: +49.8%