Gilbert Historic District, Muncie, IN
Gilbert Historic District — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Gilbert Historic District, Muncie, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Gilbert Historic District Neighborhood Overview
The Gilbert Historic District is a charming, centrally located neighborhood in Muncie, Indiana. It is known for its collection of well-preserved historic homes, primarily from the late 19th and early 20th centuries. This area offers residents a unique blend of architectural character and community atmosphere.
Lifestyle & Amenities
Residents enjoy a walkable lifestyle with local parks and nearby access to downtown Muncie's restaurants and cultural venues. The neighborhood's historic designation fosters a strong sense of community and pride among homeowners. Its central location provides convenient proximity to essential services and shopping.
Real Estate Market
The real estate market in the Gilbert Historic District is characterized by its historic homes and high demand. With a median home value of $67,000 and a median rent of $835 per month, it represents an affordable entry point into historic homeownership. Properties move quickly, averaging just 6 days on market, and 62% of residents own their homes.
Schools & Education
The Gilbert Historic District is served by the Muncie Community Schools district. Families in the area have access to the public schools serving the greater Muncie area. The neighborhood's location also provides reasonable access to Ball State University, which offers additional educational and cultural resources.
Transportation & Connectivity
The neighborhood benefits from excellent connectivity due to its central position in Muncie. Major thoroughfares like Walnut Street and McGalliard Road are easily accessible for regional travel. Public transit options serve the area, and the compact, walkable street grid makes many local trips convenient without a car.
Why Choose Gilbert Historic District
This neighborhood is ideal for those seeking historic charm, an affordable cost of living, and a strong community feel. The combination of architectural significance, a median household income of $44,362, and a fast-moving market appeals to first-time homebuyers and history enthusiasts. It offers a unique and stable residential experience in the heart of Muncie.
Gilbert Historic District Market Data
| Metric | Value |
|---|---|
| Median Home Price | $67K |
| Median Gross Rent | $835/mo |
| Median Household Income | $44K |
| Homeownership Rate | 61.9% |
| Renter-Occupied | 38.1% |
| Rental Vacancy Rate | 3.2% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP Code | 47302 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 200,703 |
| VA Loan Originations | 9,853 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $255K |
| Conventional Loan Originations | 166,323 |
| FHA Loan Originations | 24,527 |
Top Real Estate Agents in Gilbert Historic District, Muncie
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Gilbert Historic District, Muncie, IN. Explore the available cited neighborhood data on this page.
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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 — last updated 2026-10-15