The story of this market
The typical home in Delaware County, Indiana sells for about $187,900, or $115 per square foot.
Prices are up +2.43% from a year ago, so sellers still have some momentum. Homes take about 47 days to sell. Over the long run, values in this county have grown 79% since 2000. Last year 17 of 25 neighborhoods saw prices rise, so the story isn't the same street to street. HUD's fair market rent for a two-bedroom is $1,145 a month.
HUD sets the fair market rent for a 2-bedroom at $1,145 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Low.
Price climate
Every year of price change, 2000–2025
+8.8%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+13.3%). Worst: 2006 (-2.9%). Hover to read a year.
Monthly price momentum
Home values since 2015
+4.7%
IN · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,438
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+8.8%
2025 change
FHFA repeat-sales index, median of 25 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
30
Relatively Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $33,579,988.
Mortgage activity
Home lending in this county
79.9%
2019 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 4103 | 2294 | 77.3% | 5.9% | $95,000 |
| 2019 | 4323▲ | 2475▲ | 79.9%▲ | 12.5%▲ | $105,000▲ |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Delaware County, Indiana
Delaware County's housing market shows steady price appreciation and a relatively low price-to-income ratio compared to state averages. While inventory remains tight, the market is supported by stable employment from major institutional anchors like Ball State University. Recent flood events have prompted increased focus on infrastructure and emergency management.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 3 cities · 6 ZIP reports
Median prices moved up 4.1% year over year.
Homes spend a median of 26 days on market with 3.4 months of supply — a fast-moving market.
14% of listings have cut prices · homes sell at 76.03% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 20.8% — a stable, low-distress profile.
Deterministic aggregate of 3 researched ZIP reports of 6 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Delaware County, Indiana — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Oct 22
researched Oct 22
researched Oct 9
| 47302 | Muncie | $115,000 | $85 | +4.5% | 42 | 97.5% | 12% | 2.8 | 48 | $950 | researched Oct 22 |
| 47303 | Muncie | $214,884 | $105 | +5.4% | 22 | 98.5% | 18.2% | 4.5 | 101 | $1,170 | researched Oct 22 |
| 47304 | Muncie | $222,500 | $167 | — | 35 | — | — | — | 57 | $904 | researched Oct 9 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Crime trends in Delaware County are generally consistent with regional averages for mid-sized Midwestern counties, with Muncie serving as the primary urban center for reported activity.
The county is served by several school corporations, with Ball State University providing a significant educational anchor and influence on local academic standards.
The county is subject to seasonal flood risks, with recent emergency management efforts highlighting the use of GIS technology for flood response and damage assessment.
Economic momentum is anchored by Ball State University and the healthcare sector, with ongoing infrastructure projects like the Eastern Indiana Grid Reliability Project supporting development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
The economy is heavily influenced by the presence of Ball State University and a diverse mix of healthcare and manufacturing employers.
The county is served by a network of state highways and local roads, with Muncie acting as the primary transit hub.
The county assessor manages property assessments, with tax sales conducted annually to address delinquent accounts.
The county includes various taxing districts for schools, libraries, and emergency services that overlap municipal boundaries.
Property insurance premiums are influenced by regional weather patterns, including flood and wind risk profiles.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
Features the iconic Frog Baby statue and fountain, serving as a major cultural and architectural landmark for the county.
A hub for local history, art, and nature, offering extensive gardens and community programming.
Data retrieved from Census Reporter and Hoosiers by the Numbers.
applies when — Property must be the taxpayer's principal place of residence.
Removes the first $45,000 of the homestead's assessed value from taxation.
Indiana Code 6-1.1-12-37.
Indiana requires a judicial foreclosure process, meaning lenders must file a lawsuit in court to obtain a foreclosure decree.
Indiana Code 32-30-10.
Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments.
Indiana Code 6-1.1-4.
applies when — Applies to the sale, exchange, or installment contract of residential real estate containing not more than four dwelling units.
Requires the seller to complete a disclosure form regarding the condition of the property, subject to specific statutory exemptions (e.g., court-ordered transfers, foreclosures).
Indiana Code 32-21-5.
Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
Indiana Constitution Article X, Section 1; Indiana Code 6-1.1-20.6.
≈ $1,879/yr on a $187,900 median
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.