How much house does $500,000 buy you in Muncie?
Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Muncie?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Muncie right now. Listings below $500,000 were included if necessary.
8810 W Tulip Tree Dr, Muncie, IN 47304
- Price: $485,000
- 6 bedrooms, 4 bathrooms
- Square feet: 4,538
- See 8810 W Tulip Tree Dr, Muncie, IN 47304 on Redfin.com
2510 E Ashcraft St, Eaton, IN 47338
- Price: $384,500
- 5 bedrooms, 3.5 bathrooms
- Square feet: 4,042
- See 2510 E Ashcraft St, Eaton, IN 47338 on Redfin.com
1809 E Royerton Rd, Muncie, IN 47303
- Price: $369,900
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,264
- See 1809 E Royerton Rd, Muncie, IN 47303 on Redfin.com
404 E Mccullough Blvd, Muncie, IN 47303
- Price: $379,900
- 5 bedrooms, 2.5 bathrooms
- Square feet: 4,567
- See 404 E Mccullough Blvd, Muncie, IN 47303 on Redfin.com
7900 W Tipperary Dr, Muncie, IN 47304
- Price: $394,900
- 5 bedrooms, 2.5 bathrooms
- Square feet: 2,706
- See 7900 W Tipperary Dr, Muncie, IN 47304 on Redfin.com
5212 W Shoreline Ter, Muncie, IN 47304
- Price: $475,000
- 5 bedrooms, 2.5 bathrooms
- Square feet: 2,616
- See 5212 W Shoreline Ter, Muncie, IN 47304 on Redfin.com
411 N Forest Ave, Muncie, IN 47304
- Price: $414,500
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,819
- See 411 N Forest Ave, Muncie, IN 47304 on Redfin.com
908 N Wild Pine Dr, Yorktown, IN 47396
- Price: $424,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,752
- See 908 N Wild Pine Dr, Yorktown, IN 47396 on Redfin.com
1300 Drew Ln, Yorktown, IN 47396
- Price: $399,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,522
- See 1300 Drew Ln, Yorktown, IN 47396 on Redfin.com
14201 W Katriene Dr, Daleville, IN 47334
- Price: $379,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,263
- See 14201 W Katriene Dr, Daleville, IN 47334 on Redfin.com
5321 W County Road 350 N, Muncie, IN 47304
- Price: $359,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,261
- See 5321 W County Road 350 N, Muncie, IN 47304 on Redfin.com
4500 N Hereford Dr, Muncie, IN 47304
- Price: $369,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,826
- See 4500 N Hereford Dr, Muncie, IN 47304 on Redfin.com
4110 W Heath Dr, Muncie, IN 47304
- Price: $399,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,080
- See 4110 W Heath Dr, Muncie, IN 47304 on Redfin.com
5205 W Tamarac Dr, Muncie, IN 47304
- Price: $379,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,981
- See 5205 W Tamarac Dr, Muncie, IN 47304 on Redfin.com
9500 W Thurston Ct, Yorktown, IN 47396
- Price: $399,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,910
- See 9500 W Thurston Ct, Yorktown, IN 47396 on Redfin.com
1821 N Lake Forest Dr, Yorktown, IN 47396
- Price: $365,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,452
- See 1821 N Lake Forest Dr, Yorktown, IN 47396 on Redfin.com
13900 N County Road 100 W, Muncie, IN 47303
- Price: $425,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,349
- See 13900 N County Road 100 W, Muncie, IN 47303 on Redfin.com
9601 E County Road 400 S, Selma, IN 47383
- Price: $395,000
- 4 bedrooms, 2 bathrooms
- Square feet: 2,396
- See 9601 E County Road 400 S, Selma, IN 47383 on Redfin.com
6800 S Walnut St, Muncie, IN 47302
- Price: $489,900
- 3 bedrooms, 3 bathrooms
- Square feet: 2,124
- See 6800 S Walnut St, Muncie, IN 47302 on Redfin.com
5210 W Stone Bridge Dr, Muncie, IN 47304
- Price: $389,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 3,219
- See 5210 W Stone Bridge Dr, Muncie, IN 47304 on Redfin.com
1808 N Sawmill Ln, Muncie, IN 47304
- Price: $428,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 3,190
- See 1808 N Sawmill Ln, Muncie, IN 47304 on Redfin.com
1300 N Tk Way, Yorktown, IN 47396
- Price: $409,500
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,195
- See 1300 N Tk Way, Yorktown, IN 47396 on Redfin.com
3410 S Burlington Dr, Muncie, IN 47302
- Price: $479,900
- 3 bedrooms, 2 bathrooms
- Square feet: 3,303
- See 3410 S Burlington Dr, Muncie, IN 47302 on Redfin.com
8790 N County Road 925 W, Alexandria, IN 46001
- Price: $397,900
- 3 bedrooms, 2 bathrooms
- Square feet: 2,461
- See 8790 N County Road 925 W, Alexandria, IN 46001 on Redfin.com
5415 W County Road 350 N, Muncie, IN 47304
- Price: $449,900
- 3 bedrooms, 2 bathrooms
- Square feet: 2,328
- See 5415 W County Road 350 N, Muncie, IN 47304 on Redfin.com
5600 W Old Stone Rd, Muncie, IN 47304
- Price: $389,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,280
- See 5600 W Old Stone Rd, Muncie, IN 47304 on Redfin.com
9400 W Canal St, Yorktown, IN 47396
- Price: $475,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,692
- See 9400 W Canal St, Yorktown, IN 47396 on Redfin.com
8207 N County Road 450 W, Muncie, IN 47304
- Price: $415,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,572
- See 8207 N County Road 450 W, Muncie, IN 47304 on Redfin.com
825 N County Road 800 E, Parker City, IN 47368
- Price: $415,000
- 2 bedrooms, 2 bathrooms
- Square feet: 2,231
- See 825 N County Road 800 E, Parker City, IN 47368 on Redfin.com
14600 W County Road 313 N, Yorktown, IN 47396
- Price: $367,500
- 2 bedrooms, 1 bathroom
- Square feet: 1,712
- See 14600 W County Road 313 N, Yorktown, IN 47396 on Redfin.com
