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 $355,696 in March, 4.6% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of May 2, the 30-year fixed mortgage rate sits at 7.22%.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: $117,219
- 1-year price change: +4.3%
- 5-year price change: +72.8%
#8. Muncie, IN
- Typical home value: $135,150
- 1-year price change: +7.3%
- 5-year price change: +63.2%
#7. Daleville, IN
- Typical home value: $137,730
- 1-year price change: +7.4%
- 5-year price change: +65.1%
#6. Eaton, IN
- Typical home value: $144,015
- 1-year price change: +8.4%
- 5-year price change: +63.6%
#5. Parker City, IN
- Typical home value: $146,600
- 1-year price change: +2.2%
- 5-year price change: +46.5%
#4. Albany, IN
- Typical home value: $167,695
- 1-year price change: +5.3%
- 5-year price change: +61.2%
#3. Gaston, IN
- Typical home value: $180,580
- 1-year price change: +6.1%
- 5-year price change: +49.3%
#2. Selma, IN
- Typical home value: $211,788
- 1-year price change: +7.7%
- 5-year price change: +55.7%
#1. Yorktown, IN
- Typical home value: $216,665
- 1-year price change: +5.0%
- 5-year price change: +49.0%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
