MUNCIE Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Muncie averaged 6.97% for the week of 2024-11-14, compared to the national average of 6.78% for the same period.

    The average rate for the prior week (2024-11-07) was 7.18% and one month ago for the week of 2024-10-10, the average rate was 6.71%.

    Muncie's average rate one year ago was 7.79%.

    For refis of the same type during the week of 2024-11-14, the average rate was 7%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-14 6.78%
    Muncie 30 Year Fixed Rate 2024-11-14 6.97%
    Muncie 30 Year Fixed Rate Refi 2024-11-14 7%
    Muncie 15 Year Fixed Rate 2024-11-14 5.79%
    Muncie 15 Year Fixed Rate Refi 2024-11-14 5.99%
    Muncie 30 Year FHA 2024-11-14 0.08%
    Muncie 30 Year FHA Refi 2024-11-14 0.2%
    Muncie 30 Year USDA 2024-11-14 0.2%
    Muncie 30 Year USDA Refi 2024-11-14 0.1%
    Muncie 30 Year VA 2024-11-14 0.21%
    Muncie 30 Year VA Refi 2024-11-14 -0.1%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within MUNCIE, IN.

    MUNCIE Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the MUNCIE, IN market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    RUOFF MORTGAGE COMPANY, INC. 140 6.98% $2,545
    First Merchants Bank 55 6.76% $2,854
    GVC MORTGAGE, INC. 44 7.27% $4,294
    QUICKEN LOANS, LLC 32 6.79% $5,348
    JPMorgan Chase Bank 28 7.00% $3,283
    The Huntington National Bank 26 6.56% $2,621
    Northwest Bank 24 6.53% $3,275
    NEWREZ LLC 23 7.24% $3,525
    CALIBER HOME LOANS, INC. 23 6.72% $3,553
    STAR Financial Bank 21 6.15% $3,500
    THRIVE MORTGAGE, LLC 18 6.99% $2,864
    MJW Financial LLC 14 6.86% $4,071
    Old National Bank 13 6.63% $2,646
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 10 6.87% $2,967
    PrimeTrust Financial Federal Credit Union 9 6.88% $1,840
    CROSSCOUNTRY MORTGAGE, LLC 9 7.43% $4,796
    UNION HOME MORTGAGE CORP. 9 7.36% $3,535
    MOVEMENT MORTGAGE, LLC 8 6.91% $3,384
    BROKER SOLUTIONS, INC. 8 7.31% $5,451
    FORUM Credit Union 8 7.03% $2,077
    FLAT BRANCH MORTGAGE, INC. 5 7.67% $3,277
    MYCUMORTGAGE, LLC 4 7.41% $3,296
    ZILLOW HOME LOANS, LLC 4 6.97% $4,208
    LOANDEPOT.COM, LLC 4 7.18% $5,583
    OPEN MORTGAGE, LLC 4 7.00% $7,105
    U.S. Bank 4 7.15% $2,389
    HALLMARK HOME MORTGAGE, LLC 4 7.41% $4,390
    UNITED WHOLESALE MORTGAGE, LLC 4 7.89% $5,258
    Regions Bank 4 7.13% $3,049
    ROYAL UNITED MORTGAGE LLC 4 7.25% $6,377
    PNC Bank 4 7.22% $3,202
    INDIANA MEMBERS CREDIT UNION 4 6.38% $2,241
    Fifth Third Bank 4 7.31% $3,207
    Union Savings Bank 4 6.66% $2,906
    Wells Fargo Bank 3 7.13% $3,838
    Warsaw Federal Savings and Loan Association 3 6.43% $5,066
    Prosperity Home Mortgage, LLC 3 7.13% $3,662
    MUTUAL OF OMAHA MORTGAGE, INC. 3 7.50% $4,388
    MILESTONE HOME LENDING, LLC 3 6.75% $3,732
    Mr. Cooper ( Nationstar Mortgage ) 3 6.88% $6,269
    NAVY FEDERAL CREDIT UNION 2 7.13% $4,970
    Ally Bank 2 6.13% $3,118
    Carrington Mortgage Services, LLC 2 6.31% $6,684
    Citizens State Bank of New Castle 2 7.06% $1,687
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 2 6.88% $5,932
    Elements Financial Federal Credit Union 2 6.56% $2,613
    ENDEAVOR CAPITAL, LLC. 2 6.99% $6,040
    First Farmers Bank and Trust Company 2 7.63% $2,515
    First Financial Bank 2 7.00% $2,826
    Flagstar Bank, FSB 2 7.33% $3,728
    FORT FINANCIAL Federal Credit Union 2 5.50% $2,774
    GUARANTEED RATE, INC. 2 7.11% $3,070
    KeyBank 2 6.88% $3,447
    Mortgage Research Center, LLC 2 7.00% $2,401
    PROVIDENT FUNDING ASSOCIATES, L.P. 2 7.00% $4,431
    TEACHERS CREDIT UNION 2 7.81% $2,112
    The State Bank and Trust Company 2 7.19% $2,740
    Three Rivers Federal Credit Union 2 6.94% $2,410
    Madison County Federal Credit Union 1 8.63% $2,878
    HOMESIDE FINANCIAL, LLC 1 6.25% $3,800
    GUILD MORTGAGE COMPANY 1 7.88% $3,375
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 7.50% $3,794
    Greenfield Banking Company 1 6.50% $1,877
    FIRST STATE MORTGAGE SERVICES, LLC 1 6.63% $1,979
    First Financial Bank 1 6.50% $5,132
    First Federal Bank of the Midwest 1 6.88% $2,514
    NATIONWIDE MORTGAGE BANKERS, INC. 1 7.00% $3,017
    21ST MORTGAGE CORPORATION 1 9.50% $3,073
    NBKC BANK 1 7.38% $1,808
    Farm Credit Mid-America, ACA 1 6.50% $6,081
    North American Savings Bank, F.S.B. 1 8.88% $4,509
    Northpointe Bank 1 6.88% $6,764
    EVERETT FINANCIAL, INC. 1 7.50% $1,473
    EVANSVILLE TEACHERS 1 6.50% $2,714
    Discover Bank 1 6.49% $0
    PENNYMAC LOAN SERVICES, LLC 1 7.63% $3,004
    Peoples Bank 1 6.38% $2,905
    PHH Mortgage Corporation 1 7.49% $7,239
    DELMAR FINANCIAL COMPANY 1 6.38% $2,635
    Crossroads Bank 1 7.00% $1,584
    ProFed Federal Credit Union 1 6.38% $2,100
    CRANE 1 6.63% $1,880
    AMERICAN FINANCIAL NETWORK, INC. 1 8.13% $4,822
    Civista Bank 1 6.50% $2,657
    CHURCHILL MORTGAGE CORPORATION 1 6.63% $4,955
    Centier Bank 1 7.00% $1,533
    BETTER MORTGAGE CORPORATION 1 6.38% $1,517
    Sierra Pacific Mortgage Company, Inc. 1 6.75% $3,905
    BEACON CREDIT UNION 1 6.63% $2,107
    Stifel Bank and Trust 1 6.25% $1,798
    STOCKTON MORTGAGE CORPORATION 1 7.50% $4,903
    SUCCESS MORTGAGE PARTNERS, INC. 1 7.00% $3,532
    ALAMEDA MORTGAGE CORPORATION 1 7.38% $4,242
    The Farmers & Merchants State Bank 1 5.95% $2,507
    The Farmers National Bank of Canfield 1 6.88% $2,868
    Bank of England 1 7.50% $2,977
    The Park National Bank 1 6.50% $2,257
    Wolfe Financial, Inc 1 7.63% $2,892
    Advisors Mortgage Group, L.L.C. 1 6.50% $3,979
    Arvest Bank 1 8.13% $3,255
    AMERISAVE MORTGAGE CORPORATION 1 6.75% $7,379
    AmeriHome Mortgage Company, LLC 1 7.50% $6,836
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.50% $3,019
    INDIANA UNIVERSITY CREDIT UNION 1 6.00% $1,762
    INSPIRE HOME LOANS INC. 1 6.25% $3,315
    Independent Federal Credit Union 1 6.38% $3,290
    USAA Federal Savings Bank 1 6.63% $3,256
    LEADERONE FINANCIAL CORPORATION 1 6.50% $4,567
    Horizon Bank 1 7.50% $2,460

    MUNCIE Average Closing Costs & Other Stats

    MUNCIE, IN's 109 lenders originated 2,143 loans during 2023. The total origination value was $310,015,000, with an average loan value of $144,664.

    MUNCIE's average closing costs are $3,469.

    The top MUNCIE lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with 140 loans originated. Their average total fees are $2,545, which is $308 lower than the next largest lender, First Merchants Bank.

    The lowest fee MUNCIE lenders (with over 10 loans originated) are RUOFF MORTGAGE COMPANY, INC. ($2,545), The Huntington National Bank ($2,621), Old National Bank ($2,646), First Merchants Bank ($2,854) and THRIVE MORTGAGE, LLC ($2,864).

    The lowest rate MUNCIE lenders (with over 10 loans originated) are STAR Financial Bank (6.15%), Northwest Bank (6.53%), The Huntington National Bank (6.56%), Old National Bank (6.63%) and CALIBER HOME LOANS, INC. (6.72%).

    MUNCIE, IN Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    First Merchants Bank $52,115,000 $33,205,000 -36.3% 10.7%
    RUOFF MORTGAGE COMPANY, INC. $49,460,000 $32,660,000 -34.0% 10.5%
    Merchants Bank of Indiana $590,000 $18,110,000 2,969.5% 5.8%
    QUICKEN LOANS, LLC $21,290,000 $13,700,000 -35.7% 4.4%
    Northwest Bank $18,000,000 $12,825,000 -28.8% 4.1%
    NEWREZ LLC $1,505,000 $12,780,000 749.2% 4.1%
    GVC MORTGAGE, INC. $19,810,000 $12,635,000 -36.2% 4.1%
    Bethpage Federal Credit Union $10,705,000 n/a 3.5%
    Old National Bank $14,145,000 $9,650,000 -31.8% 3.1%
    STAR Financial Bank $9,330,000 $8,850,000 -5.1% 2.9%
    CALIBER HOME LOANS, INC. $16,320,000 $7,985,000 -51.1% 2.6%
    The Huntington National Bank $2,990,000 $5,340,000 78.6% 1.7%
    Mortgage Research Center, LLC $6,560,000 $5,030,000 -23.3% 1.6%
    JPMorgan Chase Bank $9,585,000 $4,580,000 -52.2% 1.5%
    The Farmers & Merchants State Bank $6,815,000 $3,935,000 -42.3% 1.3%
    THRIVE MORTGAGE, LLC $410,000 $3,770,000 819.5% 1.2%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $7,140,000 $3,235,000 -54.7% 1.0%
    WALKER & DUNLOP, LLC $3,205,000 n/a 1.0%
    CROSSCOUNTRY MORTGAGE, LLC $2,875,000 $3,125,000 8.7% 1.0%
    MJW Financial LLC $1,825,000 $3,025,000 65.8% 1.0%
    First Bankers Trust Company $3,005,000 n/a 1.0%
    UNION HOME MORTGAGE CORP. $760,000 $3,005,000 295.4% 1.0%
    Thrive FCU $2,795,000 n/a 0.9%
    FINANCIAL CENTER FIRST CREDIT UNION $3,530,000 $2,665,000 -24.5% 0.9%
    PrimeTrust Financial Federal Credit Union $4,455,000 $2,620,000 -41.2% 0.8%
    BROKER SOLUTIONS, INC. $1,925,000 $2,610,000 35.6% 0.8%
    Crossroads Bank $25,000 $2,540,000 10,060.0% 0.8%
    UNITED WHOLESALE MORTGAGE, LLC $6,410,000 $2,490,000 -61.2% 0.8%
    MOVEMENT MORTGAGE, LLC $860,000 $2,405,000 179.7% 0.8%
    FORT FINANCIAL Federal Credit Union $1,290,000 $2,395,000 85.7% 0.8%
    First Bank of Berne $350,000 $2,255,000 544.3% 0.7%
    NAVY FEDERAL CREDIT UNION $965,000 $2,185,000 126.4% 0.7%
    AMERISAVE MORTGAGE CORPORATION $1,575,000 $2,145,000 36.2% 0.7%
    FREEDOM MORTGAGE CORPORATION $2,745,000 $1,980,000 -27.9% 0.6%
    INDIANA MEMBERS CREDIT UNION $2,700,000 $1,960,000 -27.4% 0.6%
    OPEN MORTGAGE, LLC $2,075,000 $1,880,000 -9.4% 0.6%
    PENNYMAC LOAN SERVICES, LLC $3,990,000 $1,550,000 -61.2% 0.5%
    Union Savings Bank $1,320,000 $1,545,000 17.0% 0.5%
    FORUM Credit Union $2,435,000 $1,535,000 -37.0% 0.5%
    CRANE $285,000 $1,525,000 435.1% 0.5%
    Carrington Mortgage Services, LLC $1,190,000 $1,470,000 23.5% 0.5%
    TRIAD FINANCIAL SERVICES, INC. $1,795,000 $1,325,000 -26.2% 0.4%
    HALLMARK HOME MORTGAGE, LLC $575,000 $1,320,000 129.6% 0.4%
    PNC Bank $1,585,000 $1,310,000 -17.4% 0.4%
    Prosperity Home Mortgage, LLC $285,000 $1,205,000 322.8% 0.4%
    Fifth Third Bank $895,000 $1,200,000 34.1% 0.4%
    ZILLOW HOME LOANS, LLC $265,000 $1,110,000 318.9% 0.4%
    MILESTONE HOME LENDING, LLC $1,050,000 n/a 0.3%
    ENDEAVOR CAPITAL, LLC. $275,000 $1,025,000 272.7% 0.3%
    Three Rivers Federal Credit Union $1,175,000 $975,000 -17.0% 0.3%
    First Financial Bank $315,000 $950,000 201.6% 0.3%
    ROYAL UNITED MORTGAGE LLC $1,265,000 $935,000 -26.1% 0.3%
    LOANDEPOT.COM, LLC $2,970,000 $920,000 -69.0% 0.3%
    KeyBank $215,000 $900,000 318.6% 0.3%
    Citizens State Bank of New Castle $620,000 $865,000 39.5% 0.3%
    INSPIRE HOME LOANS INC. $430,000 $860,000 100.0% 0.3%
    Wells Fargo Bank $2,525,000 $840,000 -66.7% 0.3%
    21ST MORTGAGE CORPORATION $1,630,000 $830,000 -49.1% 0.3%
    U.S. Bank $855,000 $820,000 -4.1% 0.3%
    First Farmers Bank and Trust Company $285,000 $805,000 182.5% 0.3%
    Mr. Cooper ( Nationstar Mortgage ) $2,785,000 $785,000 -71.8% 0.3%
    BETTER MORTGAGE CORPORATION $95,000 $780,000 721.1% 0.3%
    MUTUAL OF OMAHA MORTGAGE, INC. $640,000 $745,000 16.4% 0.2%
    NEW DAY FINANCIAL, LLC $710,000 $745,000 4.9% 0.2%
    Elements Financial Federal Credit Union $745,000 $710,000 -4.7% 0.2%
    INDIANA UNIVERSITY CREDIT UNION $275,000 $695,000 152.7% 0.2%
    TOP FLITE FINANCIAL, INC. $685,000 n/a 0.2%
    Farm Credit Mid-America, ACA $2,010,000 $680,000 -66.2% 0.2%
    EVANSVILLE TEACHERS $350,000 $675,000 92.9% 0.2%
    PROVIDENT FUNDING ASSOCIATES, L.P. $225,000 $670,000 197.8% 0.2%
    First Federal Bank of the Midwest $1,555,000 $635,000 -59.2% 0.2%
    PENTAGON FEDERAL CREDIT UNION $240,000 $625,000 160.4% 0.2%
    POLARIS HOME FUNDING CORP. $280,000 $605,000 116.1% 0.2%
    MID AMERICA MORTGAGE, INC. $530,000 $600,000 13.2% 0.2%
    Regions Bank $1,230,000 $600,000 -51.2% 0.2%
    Home Bank SB $590,000 n/a 0.2%
    Discover Bank $330,000 $585,000 77.3% 0.2%
    Hendricks County Bank and Trust Company $560,000 n/a 0.2%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $130,000 $545,000 319.2% 0.2%
    LOANPAL, LLC $710,000 $520,000 -26.8% 0.2%
    NBKC BANK $385,000 $520,000 35.1% 0.2%
    TEACHERS CREDIT UNION $650,000 $485,000 -25.4% 0.2%
    MYCUMORTGAGE, LLC $2,640,000 $475,000 -82.0% 0.2%
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION $135,000 $470,000 248.1% 0.2%
    Barrington Bank & Trust Company, N.A. $360,000 $460,000 27.8% 0.1%
    FLAT BRANCH MORTGAGE, INC. $435,000 n/a 0.1%
    Independent Federal Credit Union $225,000 $430,000 91.1% 0.1%
    PLAZA HOME MORTGAGE, INC. $195,000 $430,000 120.5% 0.1%
    UNITED $45,000 $425,000 844.4% 0.1%
    LAKEVIEW LOAN SERVICING, LLC $1,660,000 $415,000 -75.0% 0.1%
    Northpointe Bank $545,000 $415,000 -23.9% 0.1%
    Bank of England $280,000 $405,000 44.6% 0.1%
    Madison County Federal Credit Union $450,000 $390,000 -13.3% 0.1%
    Flagstar Bank, FSB $1,860,000 $385,000 -79.3% 0.1%
    V.I.P. MORTGAGE, INC. $385,000 n/a 0.1%
    Bank of America $255,000 $380,000 49.0% 0.1%
    First Financial Bank $315,000 $375,000 19.0% 0.1%
    VELOCITY COMMERCIAL CAPITAL, LLC $360,000 n/a 0.1%
    Ally Bank $1,100,000 $350,000 -68.2% 0.1%
    SUN WEST MORTGAGE COMPANY, INC. $335,000 n/a 0.1%
    The State Bank and Trust Company $320,000 n/a 0.1%
    Stifel Bank and Trust $380,000 $315,000 -17.1% 0.1%
    Mortgage Assurance Inc. $305,000 n/a 0.1%
    VILLAGE CAPITAL MORTGAGE $275,000 $290,000 5.5% 0.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $225,000 $275,000 22.2% 0.1%
    Warsaw Federal Savings and Loan Association $255,000 n/a 0.1%
    CARDINAL FINANCIAL $615,000 $250,000 -59.3% 0.1%
    Advisors Mortgage Group, L.L.C. $245,000 n/a 0.1%
    Figure Lending LLC $435,000 $245,000 -43.7% 0.1%
    SUCCESS MORTGAGE PARTNERS, INC. $245,000 n/a 0.1%
    USAA Federal Savings Bank $2,380,000 $245,000 -89.7% 0.1%
    MIDWEST AMERICA $115,000 $240,000 108.7% 0.1%
    Plains Commerce Bank $165,000 $230,000 39.4% 0.1%
    AmeriHome Mortgage Company, LLC $175,000 $225,000 28.6% 0.1%
    Brighton Bank $225,000 n/a 0.1%
    FIRST STATE MORTGAGE SERVICES, LLC $225,000 n/a 0.1%
    BEACON CREDIT UNION $220,000 n/a 0.1%
    GUARANTEED RATE, INC. $345,000 $220,000 -36.2% 0.1%
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $855,000 $220,000 -74.3% 0.1%
    LEADERONE FINANCIAL CORPORATION $105,000 $205,000 95.2% 0.1%
    MEMBER FIRST MORTGAGE, LLC $205,000 n/a 0.1%
    North American Savings Bank, F.S.B. $205,000 n/a 0.1%
    Stock Yards Bank & Trust Company $205,000 n/a 0.1%
    The Farmers State Bank $35,000 $205,000 485.7% 0.1%
    NFM, INC. $200,000 n/a 0.1%
    GUARANTEED RATE AFFINITY, LLC $125,000 $195,000 56.0% 0.1%
    PHH Mortgage Corporation $570,000 $195,000 -65.8% 0.1%
    Wolfe Financial, Inc $195,000 n/a 0.1%
    ProFed Federal Credit Union $190,000 n/a 0.1%
    CLEARPATH LENDING $185,000 n/a 0.1%
    FIRST MORTGAGE COMPANY, INC. $185,000 n/a 0.1%
    Mid-Continent Funding, Inc. $300,000 $185,000 -38.3% 0.1%
    RELIANCE FIRST CAPITAL, LLC $185,000 n/a 0.1%
    The Federal Savings Bank $1,320,000 $185,000 -86.0% 0.1%
    LENDINGHOME FUNDING CORPORATION $275,000 $180,000 -34.5% 0.1%
    JLB CORPORATION $335,000 $175,000 -47.8% 0.1%
    The Farmers National Bank of Canfield $175,000 n/a 0.1%
    The Park National Bank $140,000 $170,000 21.4% 0.1%
    Cincinnati Federal $165,000 n/a 0.1%
    DELMAR FINANCIAL COMPANY $115,000 $165,000 43.5% 0.1%
    Horizon Bank $285,000 $165,000 -42.1% 0.1%
    Sierra Pacific Mortgage Company, Inc. $370,000 $165,000 -55.4% 0.1%
    Centier Bank $2,415,000 $155,000 -93.6% 0.0%
    CHURCHILL MORTGAGE CORPORATION $535,000 $155,000 -71.0% 0.0%
    Equity Prime Mortgage LLC $100,000 $155,000 55.0% 0.0%
    TUCKER MORTGAGE, LLC $55,000 $155,000 181.8% 0.0%
    M&T Bank $220,000 $145,000 -34.1% 0.0%
    AMERICAN FINANCING CORPORATION $160,000 $135,000 -15.6% 0.0%
    EAGLE HOME MORTGAGE, LLC $135,000 n/a 0.0%
    Mid-Southern Savings Bank, FSB $135,000 n/a 0.0%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $65,000 $135,000 107.7% 0.0%
    CIVIC FINANCIAL SERVICES, LLC $75,000 $125,000 66.7% 0.0%
    Merchants Mortgage & Trust Corporation $125,000 n/a 0.0%
    Commerce Home Mortgage, Inc. $525,000 $115,000 -78.1% 0.0%
    DIRECT MORTGAGE LOANS, LLC $430,000 $115,000 -73.3% 0.0%
    FINANCE OF AMERICA REVERSE LLC $115,000 n/a 0.0%
    FIRST COMMUNITY MORTGAGE, INC. $325,000 $115,000 -64.6% 0.0%
    GUILD MORTGAGE COMPANY $115,000 n/a 0.0%
    Truist $255,000 $115,000 -54.9% 0.0%
    PACIFIC RESIDENTIAL MORTGAGE, LLC $110,000 n/a 0.0%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $595,000 $110,000 -81.5% 0.0%
    A&D Mortgage LLC $105,000 n/a 0.0%
    Bank of Tennessee $105,000 n/a 0.0%
    Civista Bank $85,000 $105,000 23.5% 0.0%
    LENDINGONE, LLC $1,095,000 $105,000 -90.4% 0.0%
    NATIONWIDE MORTGAGE BANKERS, INC. $420,000 $105,000 -75.0% 0.0%
    Peoples Bank $105,000 n/a 0.0%
    STOCKTON MORTGAGE CORPORATION $105,000 $105,000 0.0% 0.0%
    VAN DYK MORTGAGE CORPORATION $105,000 n/a 0.0%
    EVERETT FINANCIAL, INC. $135,000 $100,000 -25.9% 0.0%
    ALAMEDA MORTGAGE CORPORATION $180,000 $95,000 -47.2% 0.0%
    DOMINION FINANCIAL SERVICES, LLC $95,000 n/a 0.0%
    Focus Bank $95,000 n/a 0.0%
    HOMESIDE FINANCIAL, LLC $430,000 $95,000 -77.9% 0.0%
    Presidential Bank, FSB $95,000 n/a 0.0%
    SECURITYNATIONAL MORTGAGE COMPANY $95,000 $95,000 0.0% 0.0%
    AUSTIN TELCO Federal Credit Union $75,000 n/a 0.0%
    Greenfield Banking Company $25,000 $75,000 200.0% 0.0%
    Strong Home Mortgage, LLC $75,000 n/a 0.0%
    The Fountain Trust Company $485,000 $70,000 -85.6% 0.0%
    UNITED HOME LOANS, INC. $65,000 n/a 0.0%
    AMERICAN FINANCIAL NETWORK, INC. $55,000 n/a 0.0%
    Arvest Bank $105,000 $55,000 -47.6% 0.0%
    First National Bank of America $55,000 n/a 0.0%
    Third Federal Savings and Loan Association of Cleveland $330,000 $55,000 -83.3% 0.0%
    BMO Harris Bank $165,000 $45,000 -72.7% 0.0%
    Greenville National Bank $270,000 $35,000 -87.0% 0.0%
    Solidarity Community Federal Credit Union $85,000 $35,000 -58.8% 0.0%
    SPRING EQ, LLC $235,000 $35,000 -85.1% 0.0%
    THRIVENT Federal Credit Union $25,000 n/a 0.0%

    MUNCIE's top lender by overall market share is First Merchants Bank, with 10.7% market share. In second place, with 10.5%, is RUOFF MORTGAGE COMPANY, INC., having originated $32,660,000 in loans. In third place, with 5.8%, is Merchants Bank of Indiana, having originated $18,110,000 in loans. In fourth place, with 4.4%, is QUICKEN LOANS, LLC, having originated $13,700,000 in loans. In fifth place, with 4.1%, is Northwest Bank, having originated $12,825,000 in loans.

    MUNCIE Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - MUNCIE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $74,900 (1.0%) $112,806 (-1.1%) 0.00 363
    2018-02-01 $74,900 (7.2%) $117,880 (1.5%) 0.00 348
    2018-03-01 $74,900 (4.7%) $126,601 (8.0%) 0.00 330
    2018-04-01 $77,444 (6.2%) $142,299 (22.0%) 0.00 313
    2018-05-01 $89,925 (23.3%) $146,861 (23.3%) 0.00 346
    2018-06-01 $88,194 (11.7%) $143,176 (12.7%) 0.00 369
    2018-07-01 $89,900 (11.1%) $141,504 (8.4%) 0.00 387
    2018-08-01 $87,322 (4.5%) $142,802 (-1.8%) 0.00 405
    2018-09-01 $85,000 (-0.5%) $138,709 (-12.3%) 0.00 435
    2018-10-01 $87,925 (4.6%) $140,051 (-11.2%) 0.00 416
    2018-11-01 $85,175 (5.7%) $140,101 (-11.1%) 0.00 405
    2018-12-01 $79,900 (6.7%) $136,042 (13.8%) 0.00 387
    2019-01-01 $79,900 (6.7%) $133,094 (18.0%) 0.00 368
    2019-02-01 $79,900 (6.7%) $127,795 (8.4%) 0.00 352
    2019-03-01 $82,686 (10.4%) $134,346 (6.1%) 0.00 345
    2019-04-01 $87,150 (12.5%) $142,940 (0.5%) 0.00 345
    2019-05-01 $98,675 (9.7%) $149,283 (1.7%) 0.00 343
    2019-06-01 $105,000 (19.1%) $153,534 (7.2%) 0.00 350
    2019-07-01 $107,400 (19.5%) $163,182 (15.3%) 0.00 355
    2019-08-01 $118,536 (35.8%) $162,873 (14.1%) 0.00 371
    2019-09-01 $116,491 (37.1%) $158,220 (14.1%) 0.00 379
    2019-10-01 $113,450 (29.0%) $152,810 (9.1%) 0.00 378
    2019-11-01 $109,900 (29.0%) $144,891 (3.4%) 0.00 375
    2019-12-01 $99,900 (25.0%) $140,825 (3.5%) 0.00 336
    2020-01-01 $100,723 (26.1%) $141,730 (6.5%) 0.00 302
    2020-02-01 $94,400 (18.2%) $140,808 (10.2%) 0.00 267
    2020-03-01 $90,438 (9.4%) $140,663 (4.7%) 0.00 246
    2020-04-01 $81,400 (-6.6%) $137,777 (-3.6%) 0.00 237
    2020-05-01 $88,000 (-10.8%) $159,458 (6.8%) 0.00 193
    2020-06-01 $81,175 (-22.7%) $159,972 (4.2%) 0.00 161
    2020-07-01 $111,425 (3.8%) $178,876 (9.6%) 0.00 146
    2020-08-01 $110,000 (-7.2%) $175,809 (7.9%) 0.00 158
    2020-09-01 $112,400 (-3.5%) $166,349 (5.1%) 0.00 200
    2020-10-01 $103,900 (-8.4%) $157,104 (2.8%) 0.00 236
    2020-11-01 $95,525 (-13.1%) $153,051 (5.6%) 0.00 237
    2020-12-01 $78,838 (-21.1%) $140,566 (-0.2%) 0.00 205
    2021-01-01 $68,950 (-31.5%) $136,035 (-4.0%) 0.00 187
    2021-02-01 $63,900 (-32.3%) $139,396 (-1.0%) 0.00 139
    2021-03-01 $59,900 (-33.8%) $137,791 (-2.0%) 0.00 115
    2021-04-01 $63,475 (-22.0%) $127,887 (-7.2%) 0.00 108
    2021-05-01 $67,000 (-23.9%) $132,118 (-17.2%) 0.00 116
    2021-06-01 $89,150 (9.8%) $158,170 (-1.1%) 0.00 134
    2021-07-01 $115,900 (4.0%) $173,918 (-2.8%) 0.00 169
    2021-08-01 $122,450 (11.3%) $172,663 (-1.8%) 0.00 168
    2021-09-01 $124,900 (11.1%) $166,224 (-0.1%) 0.00 170
    2021-10-01 $119,900 (15.4%) $154,827 (-1.5%) 0.00 163
    2021-11-01 $123,700 (29.5%) $153,934 (0.6%) 0.00 144
    2021-12-01 $129,900 (64.8%) $163,246 (16.1%) 0.00 135
    2022-01-01 $132,900 (92.8%) $153,079 (12.5%) 0.00 115
    2022-02-01 $107,500 (68.2%) $145,211 (4.2%) 0.00 74
    2022-03-01 $119,450 (99.4%) $161,852 (17.5%) 0.00 82
    2022-04-01 $111,250 (75.3%) $163,836 (28.1%) 0.00 91
    2022-05-01 $131,250 (95.9%) $180,972 (37.0%) 0.00 108
    2022-06-01 $128,900 (44.6%) $192,920 (22.0%) 0.00 133
    2022-07-01 $130,000 (12.2%) $202,990 (16.7%) 0.00 149
    2022-08-01 $135,000 (10.3%) $202,583 (17.3%) 0.00 157
    2022-09-01 $136,975 (9.7%) $191,759 (15.4%) 0.00 170
    2022-10-01 $165,375 (37.9%) $195,021 (26.0%) 0.00 182
    2022-11-01 $172,450 (39.4%) $199,577 (29.7%) 0.00 186
    2022-12-01 $174,250 (34.1%) $198,491 (21.6%) 0.00 152
    2023-01-01 $167,400 (26.0%) $188,741 (23.3%) 0.00 122
    2023-02-01 $149,500 (39.1%) $191,549 (31.9%) 0.00 103
    2023-03-01 $139,975 (17.2%) $196,106 (21.2%) 0.00 89
    2023-04-01 $134,950 (21.3%) $196,927 (20.2%) 0.00 91
    2023-05-01 $125,925 (-4.1%) $192,490 (6.4%) 0.00 94
    2023-06-01 $129,400 (0.4%) $194,018 (0.6%) 0.00 111
    2023-07-01 $134,900 (3.8%) $186,569 (-8.1%) 0.00 138
    2023-08-01 $152,500 (13.0%) $200,226 (-1.2%) 0.00 151
    2023-09-01 $154,950 (13.1%) $189,193 (-1.3%) 0.00 171
    2023-10-01 $152,450 (-7.8%) $187,034 (-4.1%) 0.00 182
    2023-11-01 $158,975 (-7.8%) $188,300 (-5.7%) 0.00 201
    2023-12-01 $152,450 (-12.5%) $189,758 (-4.4%) 0.00 218
    2024-01-01 $163,450 (-2.4%) $199,008 (5.4%) 0.00 200
    2024-02-01 $161,200 (7.8%) $195,946 (2.3%) 0.00 185
    2024-03-01 $163,450 (16.8%) $193,472 (-1.3%) 0.00 168
    2024-04-01 $148,550 (10.1%) $187,516 (-4.8%) 0.00 151
    2024-05-01 $152,400 (21.0%) $194,716 (1.2%) 0.00 142
    2024-06-01 $169,500 (31.0%) $208,155 (7.3%) 0.00 152
    2024-07-01 $180,700 (34.0%) $224,673 (20.4%) 0.00 165
    2024-08-01 $177,000 (16.1%) $230,829 (15.3%) 0.00 174
    2024-09-01 $184,900 (19.3%) $237,498 (25.5%) 0.00 185
    2024-10-01 $160,375 (5.2%) $207,655 (11.0%) 0.00 217
    MUNCIE's median listing price for 2024-10-01 was $160,375, a difference of $7,925 (5.2%) versus the prior year and $-24,525 versus the prior month.

    MUNCIE's median listing price comes in at 0% of the national average.

    MUNCIE's average listing price for 2024-10-01 was $207,655, a difference of $20,621 (11.0%) versus the prior year and $-29,843 versus the prior month.

    For the 2024-10-01 period, MUNCIE had 217 MLS listings, a difference of 32 listings (17%) versus the prior month and 35 listings (19%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - MUNCIE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,522 sqft
    2018-02-01 0 days 1,525 sqft
    2018-03-01 0 days 1,537 sqft
    2018-04-01 0 days 1,580 sqft
    2018-05-01 0 days 1,735 sqft
    2018-06-01 0 days 1,735 sqft
    2018-07-01 0 days 1,722 sqft
    2018-08-01 0 days 1,665 sqft
    2018-09-01 0 days 1,609 sqft
    2018-10-01 0 days 1,612 sqft
    2018-11-01 0 days 1,612 sqft
    2018-12-01 0 days 1,617 sqft
    2019-01-01 0 days 1,527 sqft
    2019-02-01 0 days 1,497 sqft
    2019-03-01 0 days 1,492 sqft
    2019-04-01 0 days 1,527 sqft
    2019-05-01 0 days 1,547 sqft
    2019-06-01 0 days 1,579 sqft
    2019-07-01 0 days 1,611 sqft
    2019-08-01 0 days 1,623 sqft
    2019-09-01 0 days 1,616 sqft
    2019-10-01 0 days 1,610 sqft
    2019-11-01 0 days 1,599 sqft
    2019-12-01 0 days 1,588 sqft
    2020-01-01 0 days 1,569 sqft
    2020-02-01 0 days 1,560 sqft
    2020-03-01 0 days 1,487 sqft
    2020-04-01 0 days 1,458 sqft
    2020-05-01 0 days 1,464 sqft
    2020-06-01 0 days 1,464 sqft
    2020-07-01 0 days 1,584 sqft
    2020-08-01 0 days 1,658 sqft
    2020-09-01 0 days 1,617 sqft
    2020-10-01 0 days 1,567 sqft
    2020-11-01 0 days 1,503 sqft
    2020-12-01 0 days 1,465 sqft
    2021-01-01 0 days 1,407 sqft
    2021-02-01 0 days 1,400 sqft
    2021-03-01 0 days 1,298 sqft
    2021-04-01 0 days 1,357 sqft
    2021-05-01 0 days 1,393 sqft
    2021-06-01 0 days 1,551 sqft
    2021-07-01 0 days 1,632 sqft
    2021-08-01 0 days 1,602 sqft
    2021-09-01 0 days 1,604 sqft
    2021-10-01 0 days 1,594 sqft
    2021-11-01 0 days 1,581 sqft
    2021-12-01 0 days 1,538 sqft
    2022-01-01 0 days 1,584 sqft
    2022-02-01 0 days 1,576 sqft
    2022-03-01 0 days 1,603 sqft
    2022-04-01 0 days 1,694 sqft
    2022-05-01 0 days 1,756 sqft
    2022-06-01 0 days 1,687 sqft
    2022-07-01 0 days 1,680 sqft
    2022-08-01 0 days 1,794 sqft
    2022-09-01 0 days 1,761 sqft
    2022-10-01 0 days 1,733 sqft
    2022-11-01 0 days 1,771 sqft
    2022-12-01 0 days 1,684 sqft
    2023-01-01 0 days 1,609 sqft
    2023-02-01 0 days 1,642 sqft
    2023-03-01 0 days 1,609 sqft
    2023-04-01 0 days 1,728 sqft
    2023-05-01 0 days 1,588 sqft
    2023-06-01 0 days 1,662 sqft
    2023-07-01 0 days 1,580 sqft
    2023-08-01 0 days 1,793 sqft
    2023-09-01 0 days 1,758 sqft
    2023-10-01 0 days 1,798 sqft
    2023-11-01 0 days 1,742 sqft
    2023-12-01 0 days 1,741 sqft
    2024-01-01 0 days 1,802 sqft
    2024-02-01 0 days 1,750 sqft
    2024-03-01 0 days 1,695 sqft
    2024-04-01 0 days 1,640 sqft
    2024-05-01 0 days 1,709 sqft
    2024-06-01 0 days 1,690 sqft
    2024-07-01 0 days 1,780 sqft
    2024-08-01 0 days 1,700 sqft
    2024-09-01 0 days 1,712 sqft
    2024-10-01 0 days 1,637 sqft
    MUNCIE's median listing age (time on market) for 2024-10-01 was 0 days.

    MUNCIE's median square footage for active listings during the 2024-10-01 period was 1,637 sqft. One year prior, the average listing was 1,798 sqft.

    MUNCIE, IN Average Rent (2023)

    Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

    For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
    Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
    46001 Muncie, IN MSA $630 $680 $890 $1,140 $1,200
    46012 Muncie, IN MSA $650 $710 $930 $1,190 $1,250
    46017 Muncie, IN MSA $670 $730 $950 $1,210 $1,280
    46070 Muncie, IN MSA $580 $640 $830 $1,060 $1,110
    46989 Muncie, IN MSA $640 $690 $850 $1,150 $1,200
    47302 Muncie, IN MSA $630 $680 $840 $1,130 $1,190
    47303 Muncie, IN MSA $620 $670 $830 $1,110 $1,170
    47304 Muncie, IN MSA $700 $760 $930 $1,250 $1,310
    47305 Muncie, IN MSA $620 $670 $830 $1,110 $1,170
    47306 Muncie, IN MSA $670 $730 $890 $1,200 $1,260
    47307 Muncie, IN MSA $640 $690 $850 $1,150 $1,200
    47308 Muncie, IN MSA $640 $690 $850 $1,150 $1,200
    47320 Muncie, IN MSA $620 $670 $830 $1,110 $1,170
    47334 Muncie, IN MSA $680 $730 $900 $1,210 $1,270
    47336 Muncie, IN MSA $620 $670 $830 $1,110 $1,170
    47338 Muncie, IN MSA $640 $690 $850 $1,150 $1,200
    47342 Muncie, IN MSA $620 $670 $830 $1,110 $1,170
    47354 Muncie, IN MSA $620 $670 $830 $1,110 $1,170
    47356 Muncie, IN MSA $600 $650 $850 $1,090 $1,140
    47367 Muncie, IN MSA $630 $680 $840 $1,130 $1,190
    47368 Muncie, IN MSA $620 $670 $830 $1,110 $1,170
    47383 Muncie, IN MSA $670 $720 $880 $1,190 $1,240
    47386 Muncie, IN MSA $640 $690 $850 $1,150 $1,200
    47396 Muncie, IN MSA $650 $700 $860 $1,160 $1,220

    2022 Average & Median Rent Data Statistics
    MUNCIE, IN average 1BR rent: $690, median: $685
    MUNCIE, IN average 2BR rent: $860, median: $850
    MUNCIE, IN average 3BR rent: $1,145, median: $1,145

    MUNCIE, IN Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 1,201 $213,615,000 $177,864
    Cash Out Refi 296 $32,580,000 $110,068
    Other 227 $14,785,000 $65,132
    Refi 226 $38,380,000 $169,823
    Home Improvement 193 $10,655,000 $55,207

    Muncie's most frequently cited loan purpose was Home Purchase, with 1,201 originations. The 2nd most popular reason was Cash Out Refi, with 296 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 737 $112,265,000 $152,327
    7-8% 694 $107,820,000 $155,360
    Over 8% 349 $27,905,000 $79,957
    5-6% 276 $52,990,000 $191,993
    <2.5% 27 $275,000 $10,185
    4-5% 17 $2,225,000 $130,882
    3-4% 11 $965,000 $87,727
    2.5-3% 9 $1,435,000 $159,444

    During 2023, Muncie's most frequently originated rate bucket was 6-7%, with 737 originations.

    Loan Sizing (MUNCIE, IN MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 999 $54,735,000 $54,790
    $100k-200k 776 $109,980,000 $141,727
    $200k-400k 313 $82,685,000 $264,169
    $400k-600k 38 $17,810,000 $468,684
    $600k-1000k 9 $5,765,000 $640,556
    $Over $1MM 8 $39,040,000 $4,880,000

    MUNCIE's loan sizing saw the bucket of loans from $100,000 or less with 999 originations, totaling $54,735,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 835 $139,765,000 $167,383
    60-80% 499 $92,585,000 $185,541
    20-40% 305 $19,245,000 $63,098
    Under 20% 226 $7,420,000 $32,832
    40-60% 190 $21,380,000 $112,526
    Over 100% 20 $22,900,000 $1,145,000

    MUNCIE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 835 originations, totaling $139,765,000 in origination value.