47304 — Muncie, IN Home Values
Typical home value $217,910 as of June 2026 · 4th of 12 in Muncie, IN
Blue: typical home value (Zillow ZHVI) in ZIP code 47304, June 2021 to June 2026. This page shows observed data only; no forecast.
How 47304 compares in the Muncie, IN area
ZIP code 47304 (Muncie, IN) has a typical home value of $217,910 as of June 2026, ranking 4th of 12 ZIP codes tracked in the Muncie, IN area, more expensive than about 75% of ZIP codes in the metro. Prices here have moved +4.0% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +39.2%, from $156,537 in June 2021 to $217,910 in June 2026. Against observed rent, the typical home here sells for 16.9× the annual rent ($1,072/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 47304 has a population of 31,432, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 85.8% White, 4.4% Black or African American, 3.4% Asian, 3.2% two or more races, 2.8% Hispanic or Latino, and 0.4% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Northside Middle School | 2400 W Bethel Ave, Muncie, IN | 2.9 mi |
| West View Elementary School | 3401 W Gilbert St, Muncie, IN | 3.4 mi |
| North View Elementary School | 807 W Yale Ave, Muncie, IN | 3.5 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 47304?
$217,910 as of June 2026, the latest month Zillow has published observed data for.
Is 47304 an expensive ZIP code in the Muncie, IN area?
47304 ranks 4th of 12 ZIP codes in the Muncie, IN area by typical home value, more expensive than about 75% of ZIP codes in the metro.
How much have home values in 47304 changed over the past year?
+4.0% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 47304?
The typical home price is 16.9× the observed annual rent in this ZIP code ($1,072/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 47304?
31,432, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 47304?
Northside Middle School (2.9 mi), West View Elementary School (3.4 mi), North View Elementary School (3.5 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 47304?
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.