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 $364,891 in September, 0.0% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of October 16, the 30-year fixed mortgage rate sits at 6.27%.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: $129,211
- 1-year price change: +3.9%
- 5-year price change: +63.0%
#8. Muncie, IN
- Typical home value: $148,262
- 1-year price change: +5.2%
- 5-year price change: +60.8%
#7. Daleville, IN
- Typical home value: $153,338
- 1-year price change: +4.3%
- 5-year price change: +58.8%
#6. Eaton, IN
- Typical home value: $163,405
- 1-year price change: +6.1%
- 5-year price change: +60.6%
#5. Parker City, IN
- Typical home value: $169,568
- 1-year price change: +9.6%
- 5-year price change: +53.6%
#4. Albany, IN
- Typical home value: $186,642
- 1-year price change: +7.1%
- 5-year price change: +57.8%
#3. Gaston, IN
- Typical home value: $194,063
- 1-year price change: +4.7%
- 5-year price change: +48.2%
#2. Selma, IN
- Typical home value: $229,929
- 1-year price change: +4.5%
- 5-year price change: +50.1%
#1. Yorktown, IN
- Typical home value: $239,119
- 1-year price change: +5.9%
- 5-year price change: +48.3%