47302 — Muncie, IN Home Values
Typical home value $107,554 as of June 2026 · 11th of 12 in Muncie, IN
Blue: typical home value (Zillow ZHVI) in ZIP code 47302, June 2021 to June 2026. This page shows observed data only; no forecast.
How 47302 compares in the Muncie, IN area
ZIP code 47302 (Muncie, IN) has a typical home value of $107,554 as of June 2026, ranking 11th of 12 ZIP codes tracked in the Muncie, IN area, more expensive than about 17% of ZIP codes in the metro. Prices here have moved +0.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +47.2%, from $73,048 in June 2021 to $107,554 in June 2026. Against observed rent, the typical home here sells for 9.7× the annual rent ($927/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Muncie, IN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Muncie.
Population and demographics
ZIP code 47302 has a population of 25,365, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 84.8% White, 7.7% Black or African American, 3.8% two or more races, 3.5% Hispanic or Latino, 0.2% Asian, and 0.1% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Cowan High School | 9401 S Nottingham, Muncie, IN | 1.8 mi |
| Cowan Elementary School | 1000 W CR 600 S, Muncie, IN | 2 mi |
| Southside Middle School | 1601 East 26th St, Muncie, IN | 2.3 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 47302?
$107,554 as of June 2026, the latest month Zillow has published observed data for.
Is 47302 an expensive ZIP code in the Muncie, IN area?
47302 ranks 11th of 12 ZIP codes in the Muncie, IN area by typical home value, more expensive than about 17% of ZIP codes in the metro.
How much have home values in 47302 changed over the past year?
+0.4% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 47302?
The typical home price is 9.7× the observed annual rent in this ZIP code ($927/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 47302?
25,365, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 47302?
Cowan High School (1.8 mi), Cowan Elementary School (2 mi), Southside Middle School (2.3 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 47302?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Muncie, IN forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.