MUNCIE Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Muncie averaged 7.15% for the week of 2023-06-01, compared to the national average of 6.79% for the same period.

The average rate for the prior week (2023-05-25) was 6.53% and one month ago for the week of 2023-04-27, the average rate was 6.59%.

Muncie's average rate one year ago was 5.06%.

For refis of the same type during the week of 2023-06-01, the average rate was 5.97%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-06-01 6.79%
Muncie 30 Year Fixed Rate 2023-06-01 7.15%
Muncie 30 Year Fixed Rate Refi 2023-06-01 5.97%
Muncie 15 Year Fixed Rate 2023-06-01 7.23%
Muncie 15 Year Fixed Rate Refi 2023-06-01 6.68%
Muncie 30 Year FHA 2023-06-01 -0.07%
Muncie 30 Year FHA Refi 2023-06-01 0%
Muncie 30 Year USDA 2023-06-01 -0.1%
Muncie 30 Year USDA Refi 2023-06-01 -0.1%
Muncie 30 Year VA 2023-06-01 -0.13%
Muncie 30 Year VA Refi 2023-06-01 0%
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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
RUOFF MORTGAGE COMPANY, INC. 197 5.45% $2,310
GVC MORTGAGE, INC. 75 5.59% $3,462
First Merchants Bank 66 5.05% $2,362
QUICKEN LOANS, LLC 57 5.09% $4,738
CALIBER HOME LOANS, INC. 54 5.40% $3,496
JPMorgan Chase Bank 42 4.65% $3,538
Old National Bank 35 4.94% $1,939
Northwest Bank 28 5.07% $3,129
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 22 5.95% $3,439
STAR Financial Bank 21 4.69% $3,244
AMERICAN MORTGAGE SERVICE COMPANY 19 5.24% $2,918
PrimeTrust Financial Federal Credit Union 17 4.41% $1,543
UNITED WHOLESALE MORTGAGE, LLC 17 5.61% $3,030
FINANCE OF AMERICA MORTGAGE LLC 12 5.70% $3,514
MYCUMORTGAGE, LLC 12 5.14% $3,304
LOANDEPOT.COM, LLC 12 5.19% $5,177
Wells Fargo Bank 11 5.15% $3,824
The Huntington National Bank 11 5.42% $2,808
AMERIFIRST FINANCIAL CORPORATION 11 5.31% $4,034
Mr. Cooper ( Nationstar Mortgage ) 8 5.14% $5,620
Flagstar Bank, FSB 8 4.64% $3,536
ROYAL UNITED MORTGAGE LLC 8 5.92% $6,038
FREEDOM MORTGAGE CORPORATION 7 5.48% $4,805
FORUM Credit Union 7 5.39% $2,325
PENNYMAC LOAN SERVICES, LLC 6 5.10% $4,619
PNC Bank 6 4.83% $2,810
NEWREZ LLC 6 5.00% $4,577
TEACHERS CREDIT UNION 6 5.75% $2,435
FORT FINANCIAL Federal Credit Union 6 5.90% $2,542
CROSSCOUNTRY MORTGAGE, LLC 6 5.02% $4,776
INDIANA MEMBERS CREDIT UNION 5 4.95% $2,388
LAKEVIEW LOAN SERVICING, LLC 5 4.35% $3,240
BROKER SOLUTIONS, INC. 5 5.75% $4,176
AMERISAVE MORTGAGE CORPORATION 5 5.57% $5,605
MJW Financial LLC 5 5.87% $3,247
Ally Bank 4 3.88% $3,274
Regions Bank 4 5.78% $2,919
HALLMARK HOME MORTGAGE, LLC 4 5.88% $3,942
Union Savings Bank 4 4.53% $1,738
Farm Credit Mid-America, ACA 4 5.16% $5,905
THRIVE MORTGAGE, LLC 3 6.38% $2,229
U.S. Bank 3 5.83% $2,420
Hometown Lenders, Inc. 3 5.21% $4,790
First Financial Bank 3 6.00% $2,288
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 5.17% $4,255
Elements Financial Federal Credit Union 3 5.08% $2,109
1ST SIGNATURE LENDING, LLC 3 5.21% $5,268
GUARANTEED RATE, INC. 3 4.65% $2,169
LOANPAL, LLC 3 5.33% $5,466
PHH Mortgage Corporation 2 4.50% $6,142
Independent Federal Credit Union 2 6.13% $2,261
First Internet Bank of Indiana 2 5.63% $2,307
ENDEAVOR CAPITAL, LLC. 2 5.38% $1,597
ALAMEDA MORTGAGE CORPORATION 2 4.56% $4,589
CHURCHILL MORTGAGE CORPORATION 2 4.56% $2,460
NAVY FEDERAL CREDIT UNION 2 6.31% $5,248
OPEN MORTGAGE, LLC 2 4.56% $4,176
First Financial Bank 2 6.13% $2,147
Sierra Pacific Mortgage Company, Inc. 2 4.75% $4,719
M&T Bank 2 5.75% $4,133
MOVEMENT MORTGAGE, LLC 2 6.50% $3,900
Stifel Bank and Trust 2 4.56% $1,688
Citizens Bank 2 4.50% $1,517
AMERICAN FINANCING CORPORATION 2 4.37% $3,655
NATIONWIDE MORTGAGE BANKERS, INC. 2 6.00% $3,467
Three Rivers Federal Credit Union 2 5.19% $3,006
Carrington Mortgage Services, LLC 2 5.50% $4,110
UNION HOME MORTGAGE CORP. 2 5.06% $4,110
Fifth Third Bank 2 4.97% $1,839
Mortgage Research Center, LLC 2 5.37% $1,351
ZILLOW HOME LOANS, LLC 1 5.50% $2,504
AmeriHome Mortgage Company, LLC 1 4.38% $4,463
Bank of America 1 4.00% $2,530
BAY EQUITY LLC 1 5.75% $3,075
BETTER MORTGAGE CORPORATION 1 4.75% $2,766
CARDINAL FINANCIAL 1 5.50% $2,236
Centier Bank 1 7.00% $2,167
CHERRY CREEK MORTGAGE, LLC 1 4.75% $623
Citadel Servicing Corporation 1 7.63% $7,407
Civista Bank 1 5.63% $2,270
Community Trust Bank, Inc. 1 4.75% $6,667
DELMAR FINANCIAL COMPANY 1 6.13% $7,350
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 5.75% $3,027
Discover Bank 1 7.49% $0
DRAPER AND KRAMER MORTGAGE CORP. 1 3.50% $2,926
EUSTIS AND AMERICAN MORTGAGE COMPANY 1 6.50% $3,792
FirstBank 1 5.38% $1,880
First Bank of Berne 1 6.00% $2,213
FIRST COMMUNITY MORTGAGE, INC. 1 6.25% $10,181
First Farmers Bank and Trust Company 1 7.25% $2,532
First Federal Savings Bank 1 5.38% $2,615
First Guaranty Mortgage Corporation 1 3.63% $3,877
First Savings Bank 1 6.00% $2,016
Gateway First Bank 1 4.25% $1,826
GUARANTEED RATE AFFINITY, LLC 1 6.63% $2,693
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 5.25% $1,994
HOME POINT FINANCIAL CORPORATION 1 3.88% $2,026
HOMESIDE FINANCIAL, LLC 1 4.88% $4,414
INDIANA UNIVERSITY CREDIT UNION 1 3.38% $2,394
INSPIRE HOME LOANS INC. 1 5.25% $8,135
JLB CORPORATION 1 6.13% $4,663
KeyBank 1 3.13% $2,339
Loan Simple, Inc. 1 5.38% $4,811
Merchants Bank of Indiana 1 5.00% $1,905
MID AMERICA MORTGAGE, INC. 1 4.75% $2,954
MORIA DEVELOPMENT, INC. 1 6.13% $4,468
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 6.50% $4,582
MUTUAL OF OMAHA MORTGAGE, INC. 1 5.75% $5,559
Nations Lending Corporation 1 5.50% $6,571
NBKC BANK 1 5.38% $2,358
Northpointe Bank 1 5.49% $2,480
Paramount Residential Mortgage Group, Inc. 1 7.63% $4,039
PENTAGON FEDERAL CREDIT UNION 1 6.38% $2,354
PLAZA HOME MORTGAGE, INC. 1 5.25% $5,536
POLARIS HOME FUNDING CORP. 1 4.50% $2,018
PROVIDENT FUNDING ASSOCIATES, L.P. 1 6.50% $4,369
PURDUE FEDERAL CREDIT UNION 1 6.63% $1,118
Quontic Bank 1 6.13% $14,407
Republic Bank & Trust Company 1 5.25% $2,570
Solidarity Community Federal Credit Union 1 5.38% $2,329
SUMMIT FUNDING, INC. 1 5.88% $2,738
The Farmers & Merchants State Bank 1 6.63% $4,928
The Federal Savings Bank 1 6.13% $5,452
The Home Loan Expert LLC 1 6.13% $3,447
The Peoples State Bank 1 5.38% $1,646
Truist 1 6.13% $3,022
TUCKER MORTGAGE, LLC 1 6.00% $1,910
VICTORY MORTGAGE, L.L.C. 1 5.63% $4,161
Wyndham Capital Mortgage, Inc. 1 7.63% $5,979

MUNCIE Average Closing Costs & Other Stats

MUNCIE, IN's 129 lenders originated 2,777 loans during 2022. The total origination value was $435,035,000, with an average loan value of $156,656.

MUNCIE's average closing costs are $3,309.

The top MUNCIE lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with 197 loans originated. Their average total fees are $2,310, which is $1,151 lower than the next largest lender, GVC MORTGAGE, INC..

The lowest fee MUNCIE lenders (with over 10 loans originated) are PrimeTrust Financial Federal Credit Union ($1,543), Old National Bank ($1,939), RUOFF MORTGAGE COMPANY, INC. ($2,310), First Merchants Bank ($2,362) and The Huntington National Bank ($2,808).

The lowest rate MUNCIE lenders (with over 10 loans originated) are PrimeTrust Financial Federal Credit Union (4.41%), JPMorgan Chase Bank (4.65%), STAR Financial Bank (4.69%), Old National Bank (4.94%) and First Merchants Bank (5.05%).

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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
First Merchants Bank $51,810,000 $52,115,000 0.6% 12.0%
RUOFF MORTGAGE COMPANY, INC. $64,150,000 $49,460,000 -22.9% 11.4%
Lake City Bank $5,640,000 $37,090,000 557.6% 8.5%
QUICKEN LOANS, LLC $36,520,000 $21,290,000 -41.7% 4.9%
GVC MORTGAGE, INC. $32,815,000 $19,810,000 -39.6% 4.6%
Northwest Bank $27,475,000 $18,000,000 -34.5% 4.1%
CALIBER HOME LOANS, INC. $33,135,000 $16,320,000 -50.7% 3.8%
Old National Bank $18,945,000 $14,145,000 -25.3% 3.3%
JPMorgan Chase Bank $13,285,000 $9,585,000 -27.9% 2.2%
STAR Financial Bank $11,630,000 $9,330,000 -19.8% 2.1%
ORIX REAL ESTATE CAPITAL, LLC $9,115,000 n/a 2.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $5,635,000 $7,140,000 26.7% 1.6%
The Farmers & Merchants State Bank $5,435,000 $6,815,000 25.4% 1.6%
Mortgage Research Center, LLC $9,450,000 $6,560,000 -30.6% 1.5%
State Bank of Lizton $6,555,000 n/a 1.5%
UNITED WHOLESALE MORTGAGE, LLC $5,265,000 $6,410,000 21.7% 1.5%
FINANCE OF AMERICA MORTGAGE LLC $1,935,000 $6,090,000 214.7% 1.4%
AMERICAN MORTGAGE SERVICE COMPANY $12,915,000 $4,960,000 -61.6% 1.1%
PrimeTrust Financial Federal Credit Union $5,155,000 $4,455,000 -13.6% 1.0%
PENNYMAC LOAN SERVICES, LLC $2,900,000 $3,990,000 37.6% 0.9%
FINANCIAL CENTER FIRST CREDIT UNION $5,835,000 $3,530,000 -39.5% 0.8%
Busey Bank $3,115,000 n/a 0.7%
AMERIFIRST FINANCIAL CORPORATION $5,250,000 $3,040,000 -42.1% 0.7%
The Huntington National Bank $2,460,000 $2,990,000 21.5% 0.7%
LOANDEPOT.COM, LLC $5,350,000 $2,970,000 -44.5% 0.7%
Citizens Bank $85,000 $2,900,000 3,311.8% 0.7%
CROSSCOUNTRY MORTGAGE, LLC $5,125,000 $2,875,000 -43.9% 0.7%
Mr. Cooper ( Nationstar Mortgage ) $3,965,000 $2,785,000 -29.8% 0.6%
FREEDOM MORTGAGE CORPORATION $12,920,000 $2,745,000 -78.8% 0.6%
INDIANA MEMBERS CREDIT UNION $1,835,000 $2,700,000 47.1% 0.6%
MYCUMORTGAGE, LLC $4,255,000 $2,640,000 -38.0% 0.6%
Wells Fargo Bank $2,775,000 $2,525,000 -9.0% 0.6%
FORUM Credit Union $2,950,000 $2,435,000 -17.5% 0.6%
Centier Bank $1,790,000 $2,415,000 34.9% 0.6%
USAA Federal Savings Bank $2,760,000 $2,380,000 -13.8% 0.5%
1ST SIGNATURE LENDING, LLC $1,100,000 $2,090,000 90.0% 0.5%
OPEN MORTGAGE, LLC $3,190,000 $2,075,000 -35.0% 0.5%
Farm Credit Mid-America, ACA $2,685,000 $2,010,000 -25.1% 0.5%
BROKER SOLUTIONS, INC. $2,805,000 $1,925,000 -31.4% 0.4%
Flagstar Bank, FSB $1,195,000 $1,860,000 55.6% 0.4%
MJW Financial LLC $1,630,000 $1,825,000 12.0% 0.4%
TRIAD FINANCIAL SERVICES, INC. $135,000 $1,795,000 1,229.6% 0.4%
LAKEVIEW LOAN SERVICING, LLC $1,595,000 $1,660,000 4.1% 0.4%
21ST MORTGAGE CORPORATION $915,000 $1,630,000 78.1% 0.4%
PNC Bank $1,950,000 $1,585,000 -18.7% 0.4%
AMERISAVE MORTGAGE CORPORATION $2,280,000 $1,575,000 -30.9% 0.4%
First Federal Bank of the Midwest $2,675,000 $1,555,000 -41.9% 0.4%
NEWREZ LLC $1,750,000 $1,505,000 -14.0% 0.3%
The Federal Savings Bank $1,320,000 n/a 0.3%
Union Savings Bank $1,110,000 $1,320,000 18.9% 0.3%
FORT FINANCIAL Federal Credit Union $160,000 $1,290,000 706.3% 0.3%
ROYAL UNITED MORTGAGE LLC $2,010,000 $1,265,000 -37.1% 0.3%
Regions Bank $1,355,000 $1,230,000 -9.2% 0.3%
Carrington Mortgage Services, LLC $1,215,000 $1,190,000 -2.1% 0.3%
Hoosier Heartland State Bank $1,185,000 n/a 0.3%
First Bank Richmond $2,540,000 $1,175,000 -53.7% 0.3%
Three Rivers Federal Credit Union $555,000 $1,175,000 111.7% 0.3%
Ally Bank $675,000 $1,100,000 63.0% 0.3%
LENDINGONE, LLC $220,000 $1,095,000 397.7% 0.3%
Citizens Bank $85,000 $995,000 1,070.6% 0.2%
First Financial Bank $110,000 $965,000 777.3% 0.2%
NAVY FEDERAL CREDIT UNION $2,310,000 $965,000 -58.2% 0.2%
Fifth Third Bank $1,185,000 $895,000 -24.5% 0.2%
MOVEMENT MORTGAGE, LLC $165,000 $860,000 421.2% 0.2%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $775,000 $855,000 10.3% 0.2%
U.S. Bank $890,000 $855,000 -3.9% 0.2%
UNION HOME MORTGAGE CORP. $395,000 $760,000 92.4% 0.2%
Elements Financial Federal Credit Union $195,000 $745,000 282.1% 0.2%
LOANPAL, LLC $710,000 n/a 0.2%
NEW DAY FINANCIAL, LLC $1,760,000 $710,000 -59.7% 0.2%
SOUTHWEST STAGE FUNDING, LLC $660,000 n/a 0.2%
TEACHERS CREDIT UNION $2,400,000 $650,000 -72.9% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $715,000 $640,000 -10.5% 0.1%
Citizens State Bank of New Castle $1,075,000 $620,000 -42.3% 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $925,000 $615,000 -33.5% 0.1%
LIMA ONE CAPITAL, LLC $1,105,000 $595,000 -46.2% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,665,000 $595,000 -64.3% 0.1%
Merchants Bank of Indiana $6,950,000 $590,000 -91.5% 0.1%
HALLMARK HOME MORTGAGE, LLC $565,000 $575,000 1.8% 0.1%
Hometown Lenders, Inc. $225,000 $570,000 153.3% 0.1%
PHH Mortgage Corporation $255,000 $570,000 123.5% 0.1%
Northpointe Bank $415,000 $545,000 31.3% 0.1%
CHURCHILL MORTGAGE CORPORATION $915,000 $535,000 -41.5% 0.1%
MID AMERICA MORTGAGE, INC. $1,535,000 $530,000 -65.5% 0.1%
Commerce Home Mortgage, Inc. $525,000 n/a 0.1%
First National Bank $185,000 $510,000 175.7% 0.1%
WRIGHT-PATT CREDIT UNION, INC. $210,000 $490,000 133.3% 0.1%
The Fountain Trust Company $365,000 $485,000 32.9% 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $475,000 n/a 0.1%
Jackson County Bank $460,000 n/a 0.1%
Madison County Federal Credit Union $1,240,000 $450,000 -63.7% 0.1%
The Home Loan Expert LLC $515,000 $440,000 -14.6% 0.1%
Figure Lending LLC $310,000 $435,000 40.3% 0.1%
DIRECT MORTGAGE LOANS, LLC $430,000 n/a 0.1%
HOMESIDE FINANCIAL, LLC $595,000 $430,000 -27.7% 0.1%
INSPIRE HOME LOANS INC. $910,000 $430,000 -52.7% 0.1%
NATIONWIDE MORTGAGE BANKERS, INC. $420,000 n/a 0.1%
THRIVE MORTGAGE, LLC $410,000 n/a 0.1%
Quontic Bank $405,000 n/a 0.1%
First Option Mortgage, LLC $1,270,000 $395,000 -68.9% 0.1%
NBKC BANK $420,000 $385,000 -8.3% 0.1%
Community Trust Bank, Inc. $380,000 n/a 0.1%
Stifel Bank and Trust $380,000 n/a 0.1%
Sierra Pacific Mortgage Company, Inc. $145,000 $370,000 155.2% 0.1%
Barrington Bank & Trust Company, N.A. $380,000 $360,000 -5.3% 0.1%
EVANSVILLE TEACHERS $350,000 n/a 0.1%
First Bank of Berne $360,000 $350,000 -2.8% 0.1%
GUARANTEED RATE, INC. $1,410,000 $345,000 -75.5% 0.1%
EUSTIS AND AMERICAN MORTGAGE COMPANY $105,000 $335,000 219.0% 0.1%
JLB CORPORATION $1,150,000 $335,000 -70.9% 0.1%
Discover Bank $180,000 $330,000 83.3% 0.1%
Third Federal Savings and Loan Association of Cleveland $340,000 $330,000 -2.9% 0.1%
FIRST COMMUNITY MORTGAGE, INC. $325,000 n/a 0.1%
First Financial Bank $110,000 $315,000 186.4% 0.1%
Gateway First Bank $305,000 n/a 0.1%
Mid-Continent Funding, Inc. $300,000 n/a 0.1%
CRANE $45,000 $285,000 533.3% 0.1%
First Farmers Bank and Trust Company $655,000 $285,000 -56.5% 0.1%
First Internet Bank of Indiana $335,000 $285,000 -14.9% 0.1%
Horizon Bank $12,260,000 $285,000 -97.7% 0.1%
Iroquois Federal Savings and Loan Association $285,000 n/a 0.1%
Prosperity Home Mortgage, LLC $285,000 n/a 0.1%
Bank of England $780,000 $280,000 -64.1% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $280,000 n/a 0.1%
POLARIS HOME FUNDING CORP. $280,000 n/a 0.1%
ENDEAVOR CAPITAL, LLC. $1,805,000 $275,000 -84.8% 0.1%
INDIANA UNIVERSITY CREDIT UNION $4,595,000 $275,000 -94.0% 0.1%
LENDINGHOME FUNDING CORPORATION $275,000 n/a 0.1%
VILLAGE CAPITAL MORTGAGE $990,000 $275,000 -72.2% 0.1%
Greenville National Bank $270,000 n/a 0.1%
Paramount Residential Mortgage Group, Inc. $300,000 $270,000 -10.0% 0.1%
Century Mortgage Company DBA Century Lending Company $175,000 $265,000 51.4% 0.1%
ZILLOW HOME LOANS, LLC $615,000 $265,000 -56.9% 0.1%
AMERICAN HERITAGE LENDING, INC. $260,000 n/a 0.1%
HOME POINT FINANCIAL CORPORATION $1,270,000 $260,000 -79.5% 0.1%
Bank of America $860,000 $255,000 -70.3% 0.1%
Truist $320,000 $255,000 -20.3% 0.1%
AMWEST FUNDING CORP. $250,000 n/a 0.1%
Nations Lending Corporation $1,040,000 $250,000 -76.0% 0.1%
Community First Bank of Indiana $3,460,000 $245,000 -92.9% 0.1%
FirstBank $245,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $105,000 $240,000 128.6% 0.1%
SPRING EQ, LLC $235,000 n/a 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $225,000 n/a 0.1%
Independent Federal Credit Union $225,000 n/a 0.1%
MORIA DEVELOPMENT, INC. $165,000 $225,000 36.4% 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $755,000 $225,000 -70.2% 0.1%
M&T Bank $465,000 $220,000 -52.7% 0.1%
KeyBank $815,000 $215,000 -73.6% 0.0%
Citadel Servicing Corporation $200,000 $205,000 2.5% 0.0%
First Federal Savings Bank $480,000 $205,000 -57.3% 0.0%
LOANFLIGHT LENDING, LLC $205,000 n/a 0.0%
Republic Bank & Trust Company $205,000 n/a 0.0%
AMERICAN ADVISORS GROUP $385,000 $200,000 -48.1% 0.0%
PURDUE FEDERAL CREDIT UNION $190,000 $200,000 5.3% 0.0%
Austin Capital Bank SSB $195,000 n/a 0.0%
PLAZA HOME MORTGAGE, INC. $460,000 $195,000 -57.6% 0.0%
The Peoples State Bank $195,000 n/a 0.0%
VICTORY MORTGAGE, L.L.C. $195,000 n/a 0.0%
ALAMEDA MORTGAGE CORPORATION $180,000 n/a 0.0%
D. L. Evans Bank $180,000 n/a 0.0%
AmeriHome Mortgage Company, LLC $620,000 $175,000 -71.8% 0.0%
PLANET HOME LENDING, LLC $175,000 n/a 0.0%
Wyndham Capital Mortgage, Inc. $595,000 $175,000 -70.6% 0.0%
1st Source Bank $290,000 $170,000 -41.4% 0.0%
Ameris Bank $170,000 n/a 0.0%
First Savings Bank $170,000 n/a 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $105,000 $165,000 57.1% 0.0%
BMO Harris Bank $165,000 n/a 0.0%
Pinnacle Bank $165,000 n/a 0.0%
Plains Commerce Bank $545,000 $165,000 -69.7% 0.0%
AMERICAN FINANCING CORPORATION $575,000 $160,000 -72.2% 0.0%
DRAPER AND KRAMER MORTGAGE CORP. $155,000 n/a 0.0%
Loan Simple, Inc. $155,000 n/a 0.0%
BAY EQUITY LLC $145,000 n/a 0.0%
The Park National Bank $65,000 $140,000 115.4% 0.0%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $105,000 $135,000 28.6% 0.0%
EVERETT FINANCIAL, INC. $190,000 $135,000 -28.9% 0.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $795,000 $130,000 -83.6% 0.0%
Union Savings And Loan Association $555,000 $130,000 -76.6% 0.0%
GUARANTEED RATE AFFINITY, LLC $225,000 $125,000 -44.4% 0.0%
SUMMIT FUNDING, INC. $125,000 n/a 0.0%
The National Bank of Indianapolis $135,000 $125,000 -7.4% 0.0%
DELMAR FINANCIAL COMPANY $115,000 n/a 0.0%
MIDWEST AMERICA $25,000 $115,000 360.0% 0.0%
Arvest Bank $105,000 n/a 0.0%
First Federal Savings Bank $480,000 $105,000 -78.1% 0.0%
LEADERONE FINANCIAL CORPORATION $675,000 $105,000 -84.4% 0.0%
STOCKTON MORTGAGE CORPORATION $175,000 $105,000 -40.0% 0.0%
Equity Prime Mortgage LLC $125,000 $100,000 -20.0% 0.0%
ANGEL OAK HOME LOANS LLC $105,000 $95,000 -9.5% 0.0%
BETTER MORTGAGE CORPORATION $3,205,000 $95,000 -97.0% 0.0%
Notre Dame Federal Credit Union Corporation $95,000 n/a 0.0%
PARTNERS 1ST Federal Credit Union $95,000 n/a 0.0%
S1L, Inc. $95,000 n/a 0.0%
SECURITYNATIONAL MORTGAGE COMPANY $475,000 $95,000 -80.0% 0.0%
Civista Bank $85,000 n/a 0.0%
Solidarity Community Federal Credit Union $85,000 n/a 0.0%
BM Real Estate Services, Inc. $75,000 n/a 0.0%
CIVIC FINANCIAL SERVICES, LLC $75,000 n/a 0.0%
First Guaranty Mortgage Corporation $410,000 $75,000 -81.7% 0.0%
ALLIANT CREDIT UNION $125,000 $65,000 -48.0% 0.0%
CHERRY CREEK MORTGAGE, LLC $250,000 $65,000 -74.0% 0.0%
LONGBRIDGE FINANCIAL, LLC $65,000 n/a 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $345,000 $65,000 -81.2% 0.0%
MICHIGAN MUTUAL, INC. $55,000 n/a 0.0%
TUCKER MORTGAGE, LLC $1,040,000 $55,000 -94.7% 0.0%
AFL CIO EMPLOYEES FEDERAL CREDIT UNION $45,000 n/a 0.0%
COMPASS MORTGAGE, INC. $255,000 $45,000 -82.4% 0.0%
Georgia Banking Company $45,000 n/a 0.0%
UNITED $105,000 $45,000 -57.1% 0.0%
The Farmers State Bank $250,000 $35,000 -86.0% 0.0%
Crossroads Bank $1,345,000 $25,000 -98.1% 0.0%
Greenfield Banking Company $25,000 n/a 0.0%
Home Loan Investment Bank, F.S.B. $45,000 $10,000 -77.8% 0.0%
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC $5,000 n/a 0.0%

MUNCIE's top lender by overall market share is First Merchants Bank, with 12.0% market share. In second place, with 11.4%, is RUOFF MORTGAGE COMPANY, INC., having originated $49,460,000 in loans. In third place, with 8.5%, is Lake City Bank, having originated $37,090,000 in loans. In fourth place, with 4.9%, is QUICKEN LOANS, LLC, having originated $21,290,000 in loans. In fifth place, with 4.6%, is GVC MORTGAGE, INC., having originated $19,810,000 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 (4.1%) $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%) 0.00 162
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%) 0.00 148
2022-08-01 $135,000 (10.3%) $198,691 (15.1%) 0.00 156
2022-09-01 $134,975 (8.1%) $188,366 (13.3%) 0.00 169
2022-10-01 $164,900 (37.5%) $191,702 (23.8%) 0.00 181
2022-11-01 $172,425 (39.4%) $196,495 (27.7%) 0.00 185
2022-12-01 $170,000 (30.9%) $196,398 (20.3%) 0.00 151
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
MUNCIE's median listing price for 2023-05-01 was $125,925, a difference of $-5,325 (-4.1%) versus the prior year and $-9,025 versus the prior month.

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

MUNCIE's average listing price for 2023-05-01 was $192,490, a difference of $11,518 (6.4%) versus the prior year and $-4,437 versus the prior month.

For the 2023-05-01 period, MUNCIE had 94 MLS listings, a difference of 3 listings (3%) versus the prior month and -14 listings (-13%) 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 1,581 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 1,673 sqft
2022-08-01 0 days 1,792 sqft
2022-09-01 0 days 1,751 sqft
2022-10-01 0 days 1,728 sqft
2022-11-01 0 days 1,769 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
MUNCIE's median listing age (time on market) for 2023-05-01 was 0 days.

MUNCIE's median square footage for active listings during the 2023-05-01 period was 1,588 sqft. One year prior, the average listing was 1,756 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 $550 $610 $790 $1,010 $1,070
46012 Muncie, IN $570 $620 $810 $1,040 $1,100
46017 Muncie, IN $560 $620 $800 $1,020 $1,080
46070 Muncie, IN $520 $570 $740 $940 $1,000
46989 Muncie, IN $570 $600 $760 $1,020 $1,100
47302 Muncie, IN $550 $580 $740 $990 $1,070
47303 Muncie, IN $550 $580 $740 $990 $1,070
47304 Muncie, IN $630 $660 $840 $1,130 $1,220
47305 Muncie, IN $550 $580 $740 $990 $1,070
47306 Muncie, IN $600 $630 $800 $1,080 $1,170
47307 Muncie, IN $570 $600 $760 $1,020 $1,100
47308 Muncie, IN $570 $600 $760 $1,020 $1,100
47320 Muncie, IN $550 $580 $740 $990 $1,070
47334 Muncie, IN $620 $660 $830 $1,120 $1,200
47336 Muncie, IN $550 $580 $740 $990 $1,070
47338 Muncie, IN $600 $630 $800 $1,080 $1,160
47342 Muncie, IN $550 $580 $740 $990 $1,070
47354 Muncie, IN $550 $580 $740 $990 $1,070
47356 Muncie, IN $530 $580 $750 $960 $1,030
47367 Muncie, IN $550 $580 $740 $990 $1,070
47368 Muncie, IN $550 $580 $740 $990 $1,070
47383 Muncie, IN $610 $650 $820 $1,100 $1,190
47386 Muncie, IN $570 $600 $760 $1,020 $1,100
47396 Muncie, IN $550 $580 $740 $990 $1,070

2022 Average & Median Rent Data Statistics
MUNCIE, IN average 1BR rent: $601, median: $590
MUNCIE, IN average 2BR rent: $768, median: $755
MUNCIE, IN average 3BR rent: $1,019, median: $1,000

MUNCIE, IN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,468 $248,930,000 $169,571
Cash Out Refi 520 $67,700,000 $130,192
Refi 347 $89,875,000 $259,006
Other 223 $16,195,000 $72,623
Home Improvement 219 $12,335,000 $56,324

Muncie's most frequently cited loan purpose was Home Purchase, with 1,468 originations. The 2nd most popular reason was Cash Out Refi, with 520 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 723 $117,125,000 $161,999
4-5% 508 $73,730,000 $145,138
3-4% 473 $102,125,000 $215,909
6-7% 424 $62,160,000 $146,604
<2.5% 240 $32,180,000 $134,083
7-8% 221 $18,895,000 $85,498
2.5-3% 84 $10,130,000 $120,595
Over 8% 71 $5,235,000 $73,732

During 2022, Muncie's most frequently originated rate bucket was 5-6%, with 723 originations.

Loan Sizing (MUNCIE, IN MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 1,309 $77,715,000 $59,370
$100k-200k 983 $138,135,000 $140,524
$200k-400k 399 $104,615,000 $262,193
$400k-600k 58 $26,820,000 $462,414
$Over $1MM 18 $80,690,000 $4,482,778
$600k-1000k 10 $7,060,000 $706,000

MUNCIE's loan sizing saw the bucket of loans from $100,000 or less with 1,309 originations, totaling $77,715,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,137 $180,685,000 $158,914
60-80% 749 $125,335,000 $167,336
20-40% 279 $17,905,000 $64,176
40-60% 254 $28,560,000 $112,441
Under 20% 209 $8,065,000 $38,589
Over 100% 23 $52,085,000 $2,264,565

MUNCIE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,137 originations, totaling $180,685,000 in origination value.