The typical home value in
Old West End Historic District
is projected to be
$220,000
for the month of
July.
June’s
finalized data reported the typical value of a home in the
neighborhood
to be
$220,000—up
633.33%
over the previous 12 months.
For comparison,
city-level
data pegged home values at
$140,000
in
Muncie
for the most recent reporting period.
That number is expected to float around
$147,500
in
July.
Old West End Historic District
had
1
new listings and
1
listings that went under contract in
June,
decreasing
the area’s total available inventory to
3—down
25.0%
from the previous month. Inventory is projected to have further
decreased
in
July.
The median listing price for homes in
Old West End Historic District
fell
29.79%
from
May
to
June,
bringing the current median listing price to
$59,500.
Based on projected data for
July,
listing prices may continue to
fall.