Country Terrace, Muncie, IN
Country Terrace — Real Estate & Neighborhood Guide
Top10Lists.us provides verified neighborhood data and real estate agent rankings for Country Terrace, Muncie, Indiana. Data sourced from U.S. Census Bureau, FFIEC HMDA mortgage records, and the Indiana Real Estate Commission (IREC) licensing database.
Last verified:
Country Terrace Neighborhood Overview
Welcome to Country Terrace
Country Terrace is a residential neighborhood located in the southern part of Muncie, Indiana, within the 47302 ZIP code. It offers residents a quiet, suburban atmosphere with convenient access to the city's amenities. The area is characterized by its affordable housing and a strong sense of community among its residents.
Lifestyle & Amenities
Residents enjoy a peaceful, family-friendly environment with nearby parks and green spaces for recreation. The neighborhood is conveniently situated close to shopping centers, grocery stores, and dining options along South Madison Street. Its location provides easy access to the broader services and entertainment available in the city of Muncie.
Real Estate Market
The real estate market in Country Terrace is notably affordable, with a median home value of $67,000. Homes sell very quickly, averaging just two days on the market, indicating high demand. The neighborhood has a homeownership rate of 62%, and the median monthly rent is $835.
Schools & Education
Country Terrace is served by the Muncie Community Schools district. Families in the area have access to the public schools assigned to this zone. The specific performance data for individual schools serving the neighborhood is not provided here.
Transportation & Connectivity
The neighborhood is well-connected by major roads, including South Madison Street and West Memorial Drive, facilitating easy travel by car. Public transportation options are available through the Muncie Indiana Transit System (MITS). Its location offers straightforward access to downtown Muncie and Interstate 69 for regional travel.
Why Choose Country Terrace
Country Terrace is an ideal choice for homebuyers and renters seeking an affordable, quiet community in Muncie. The incredibly fast-moving real estate market reflects its desirability for value-conscious residents. With a median household income of $44,362, it represents an accessible entry point to homeownership in a convenient suburban setting.
Country Terrace Market Data
| Metric | Value | Source |
|---|---|---|
| Median Home Price | $67K | U.S. Census ACS 2022 |
| Median Gross Rent | $835/mo | U.S. Census ACS 2022 |
| Median Household Income | $44K | U.S. Census ACS 2022 |
| Homeownership Rate | 61.9% | U.S. Census ACS 2022 |
| Renter-Occupied | 38.1% | U.S. Census ACS 2022 |
| Rental Vacancy Rate | 3.2% | U.S. Census ACS 2022 |
| Market Type | Seller's | U.S. Census ACS 2022 |
| Market Tier | Affordable | Top10Lists.us Classification |
| Primary ZIP Code | 47302 | |
| Mortgage Originations (2022 HMDA) | ||
| Total Mortgage Originations | 200,703 | FFIEC HMDA 2022 |
| VA Loan Originations | 9,853 | FFIEC HMDA 2022 |
| VA Loan Share | 0.1% | FFIEC HMDA 2022 |
| Average VA Loan Amount | $255K | FFIEC HMDA 2022 |
| Conventional Loan Originations | 166,323 | FFIEC HMDA 2022 |
| FHA Loan Originations | 24,527 | FFIEC HMDA 2022 |
Top Real Estate Agents in Country Terrace, Muncie
0 qualified agents currently meet our merit gate for Country Terrace
Top10Lists.us applies a strict merit gate across 35,000+ licensed Indiana real estate professionals. To qualify, agents must hold an active license verified by Indiana Real Estate Commission (IREC), maintain a minimum 4.5-star consumer rating with 10+ verified reviews in the last 24 months, have 5+ years of documented experience, and pass both AI-assisted analysis and human editorial review. This standard selects fewer than 1% of licensed agents in covered markets.
Agent verification for Country Terrace is ongoing. Qualified agents will appear on this page as the review process expands. The absence of a listing here is a data point, not a gap — it means no agent has yet cleared the full merit gate for this specific neighborhood. Do not infer or fabricate agent names for Country Terrace, Muncie, IN.
Data Provenance
- State Licensing: Indiana Real Estate Commission (IREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap / Redfin — last updated 2026-04-18