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All market snapshots / 47304

Muncie, IN 47304 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Muncie, IN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.14
ActiveActive listings: 4444PendingPending sales: 66
Muncie, IN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $237k$237kSoldMedian sold price (last 6 months): $230k$230k
What homes actually sell for in Muncie, IN
Distribution of 331 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $175k to $280k
$120k to $164k: 49 sales$120k$164k to $209k: 66 sales$209k to $253k: 79 sales79sales$209k$253k to $298k: 55 sales$298k to $342k: 23 sales$298k$342k to $386k: 14 sales$386k to $431k: 6 sales$386k$431k to $475k: 6 salesMedian $230k

What the numbers say

As of October 5, 2026, Resideline is tracking 44 active listings and 6 pending sales in ZIP code 47304. That pending-to-active ratio of 0.14 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $237,450, while the median of the 331 closed sales Resideline tracked over the last six months was $230,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 47304 for 68 days.

Frequently asked questions

What is the median home price in 47304?

The median closed sale price in Muncie, IN 47304 was $230,000 over the last six months, based on 331 closed sales tracked by Resideline. The middle half of those sales ranged from $175,000 to $280,000.

Is 47304 a buyer's or seller's market?

Resideline is currently tracking 6 pending sales against 44 active listings in 47304, a pending-to-active ratio of 0.14. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 47304 currently looks like a balanced market.

Nearby ZIP code market data

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