Muncie, IN home prices
Typical home $168,798 · +4.3% in a year · income needed $47,000
The Muncie, IN metro area ranks 761 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +4.3% in a year and +38.5% over five years. With 20% down at 7.11%, the typical home costs about $1,098 a month including 0.75% property tax (Delaware County rate).
Mortgage on the typical Muncie home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $33,760 | $135,038 | $908 | $0 | $189 | $1,098 | $47,000 |
| 10% down | $16,880 | $151,918 | $1,022 | $63 | $189 | $1,275 | $54,600 |
| 5% down | $8,440 | $160,358 | $1,079 | $67 | $189 | $1,335 | $57,200 |
| 3.5% down (FHA) | $5,908 | $165,740 | $1,115 | $75 | $189 | $1,379 | $59,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.75% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Muncie area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Delaware County, IN | $168,797 | +4.3% | 0.75% |
What can you afford in Indiana on your salary? · Indiana home prices · Salaries in Indiana
Frequently asked questions
How much is a house in Muncie?
The typical home in the Muncie, IN metro area is worth $168,798 (Zillow, September 2026).
What salary do you need to buy a house in Muncie?
About $47,000 a year for the typical home with 20% down at 7.11%.