Muncie, IN Real Estate
According to census data in the year 2000 there were 30,212 housing units in Muncie.
This represents a 1.3% growth from 29,828 in 1990.
Of those housing units, 30,157 were located in either urbanized areas or urban clusters, and 55 were located in what is classified as a rural area.
Homeownership rate in Muncie is about 55.8%.
Muncie's vacancy rate, including seasonal lodging, is about 9.6%.
Average household size is 2.24 people.
The majority of houses, apartments or condos in Muncie were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 14.60% |
| Two Bedrooms | 39.40% |
| Three Bedrooms | 35.20% |
| Four Bedrooms | 7.90% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $59,300 |
| Median Price asked for vacant units | $43,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.15 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $360 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 6.70% |
| Home Equity Loan | 5.90% |
| Simple Mortgage | 50.20% |
| Debt Free | 37.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.2% |
