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 $349,216 in February, 4.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 28, the 30-year fixed mortgage rate sits at 6.79%.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: $111,714
- 1-year price change: +3.3%
- 5-year price change: +73.2%
#8. Muncie, IN
- Typical home value: $130,781
- 1-year price change: +6.5%
- 5-year price change: +61.0%
#7. Daleville, IN
- Typical home value: $133,075
- 1-year price change: +7.0%
- 5-year price change: +64.2%
#6. Eaton, IN
- Typical home value: $142,167
- 1-year price change: +7.7%
- 5-year price change: +61.4%
#5. Parker City, IN
- Typical home value: $143,613
- 1-year price change: +2.1%
- 5-year price change: +48.1%
#4. Albany, IN
- Typical home value: $164,484
- 1-year price change: +5.1%
- 5-year price change: +59.4%
#3. Gaston, IN
- Typical home value: $178,133
- 1-year price change: +5.2%
- 5-year price change: +47.4%
#2. Selma, IN
- Typical home value: $205,007
- 1-year price change: +6.9%
- 5-year price change: +54.3%
#1. Yorktown, IN
- Typical home value: $210,437
- 1-year price change: +4.5%
- 5-year price change: +48.1%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
