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 7.48% for the week of 2024-05-09, compared to the national average of 7.09% for the same period.

The average rate for the prior week (2024-05-02) was 7.51% and one month ago for the week of 2024-04-04, the average rate was 6.91%.

Muncie's average rate one year ago was 6.38%.

For refis of the same type during the week of 2024-05-09, the average rate was 7.11%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-05-09 7.09%
Muncie 30 Year Fixed Rate 2024-05-09 7.48%
Muncie 30 Year Fixed Rate Refi 2024-05-09 7.11%
Muncie 15 Year Fixed Rate 2024-05-09 6.48%
Muncie 15 Year Fixed Rate Refi 2024-05-09 6.78%
Muncie 30 Year FHA 2024-05-09 7.16%
Muncie 30 Year FHA Refi 2024-05-09 6.69%
Muncie 30 Year USDA 2024-05-09 6.59%
Muncie 30 Year USDA Refi 2024-05-09 6.59%
Muncie 30 Year VA 2024-05-09 7.1%
Muncie 30 Year VA Refi 2024-05-09 6.49%
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
MUNCIE's median listing price for 2024-04-01 was $148,550, a difference of $13,600 (10.1%) versus the prior year and $-14,900 versus the prior month.

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

MUNCIE's average listing price for 2024-04-01 was $187,516, a difference of $-9,411 (-4.8%) versus the prior year and $-5,956 versus the prior month.

For the 2024-04-01 period, MUNCIE had 151 MLS listings, a difference of -17 listings (-10%) versus the prior month and 60 listings (66%) 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
MUNCIE's median listing age (time on market) for 2024-04-01 was 0 days.

MUNCIE's median square footage for active listings during the 2024-04-01 period was 1,640 sqft. One year prior, the average listing was 1,728 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.