Grove Park, Muncie, IN
Grove Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Grove Park, Muncie, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Grove Park Neighborhood Overview
Grove Park is a residential neighborhood in Muncie, Indiana, located within the 47302 ZIP code. The area offers a quiet, community-focused atmosphere with convenient access to the broader city. Its central location provides residents with a balanced suburban feel near essential amenities.
Lifestyle & Amenities
Residents enjoy a lifestyle centered around local parks and neighborhood charm. The area provides convenient access to everyday shopping and dining options along nearby major thoroughfares. Community spaces offer opportunities for outdoor recreation and casual gatherings.
Real Estate Market
The Grove Park real estate market is characterized by affordability and high demand. The median home value is $67,000, with a price per square foot around $118, and properties sell quickly, averaging just 11 days on market. A majority of residents are homeowners, with a homeownership rate of 62%, while the median monthly rent is $835.
Schools & Education
Families in Grove Park are served by the Muncie Community Schools district. The neighborhood's proximity to Ball State University also provides access to cultural and educational resources. Specific school ratings and programs can be verified through the local district.
Transportation & Connectivity
The neighborhood is well-connected by Muncie's street grid, with easy access to major routes like Wheeling Avenue and Madison Street. Public transportation is available via the Muncie Indiana Transit System (MITS). The central location allows for relatively short commute times to downtown Muncie and other city districts.
Why Choose Grove Park
Grove Park is an excellent choice for homebuyers and investors seeking an affordable, stable community in Muncie. The combination of a high homeownership rate, rapid sales, and a median household income of $44,362 indicates a solid, in-demand neighborhood. It offers a practical and accessible lifestyle for individuals, students, and families looking to put down roots.
Grove Park 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 Grove Park, Muncie
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Grove Park, Muncie, IN. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
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 2026-10-16