Comprehensive market data and analysis• Updated Dec 2025
16.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 3 | 5 | 17 | 22 |
| 1-2 acres | - | - | 1 | 2 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | 1 | 2 | 2 |
| 10-20 acres | 1 | 1 | 2 | 4 |
| 20-50 acres | 1 | 1 | 1 | 1 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 5 | 8 | 23 | 32 |
Acreage buckets
The median price for land in Muncie, Indiana is currently $28K per acre. For a typical parcel, the median sale price is $27K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $4K while premium lots reached $109K.
Muncie, Indiana is currently a strong buyer's market with 16.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 93.9% year-over-year.
Muncie, Indiana currently has 16.5 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The current absorption rate in Muncie, Indiana is 6.1% (3-month basis), indicating slow demand. With depreciating values (-93.9% YoY), buyers may find value opportunities. The top-performing broker in this market is RE/MAX Real Estate Groups.
The median land price in Muncie, Indiana stands at $27K. This translates to roughly $28K per acre for the typical parcel size. The average price is $56K, indicating some higher-priced properties pulling up the average.
Over the past 12 months, Muncie, Indiana saw 32 properties sold, totaling $1.8M in sales volume. In just the last 3 months, 8 properties changed hands.
There are currently 44 active listings in Muncie, Indiana. 4 new listings have hit the market in the last 90 days. The median asking price is $34K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
