Home prices in Westside have shifted notably in the latest rolling three-month view, with the typical home value around $34,990, down sharply from roughly $131,000 a year ago and well below the broader Muncie median of about $151,900. While the median list price has inched up a bit year over year, this gap between list and sale trends suggests buyers may have more room to negotiate than before.
Listing and contract activity has picked up compared with a year ago. Active listings are up more than 40 percent year over year, and new listings have climbed at a similar pace. Pending sales have also risen by just over 50 percent from last year, indicating that more homes are moving into contract even as prices trend lower.
Homes are taking longer to sell in this rolling three-month period, with typical days on market up from 15 days a year ago to 37 days now, and months of supply has expanded from roughly 1.5 to 3.2 months. The average sale-to-list price ratio has slipped to just over 82 percent and no recent sales have closed above list price, pointing to a less intense seller advantage than in prior years despite the area still being described as a seller’s market overall. With these mixed signals and conditions differing from the wider Muncie market, both buyers and sellers can benefit from Agent Pronto’s help connecting with a local Westside agent who understands the latest pricing and activity trends.
