University Heights, Muncie, IN
University Heights — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for University Heights, Muncie, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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University Heights Neighborhood Overview
University Heights is a residential neighborhood in Muncie, Indiana, defined by its proximity to Ball State University. The area offers a quiet, suburban feel with the energy and resources of a major university just minutes away. Its central location provides residents with convenient access to both campus life and the broader amenities of the city.
Lifestyle & Amenities
Residents enjoy a lifestyle balanced between academic influence and local community. The neighborhood is primarily residential, with easy access to the university's cultural events, libraries, and recreational facilities. Daily needs are met with shopping and dining options located along nearby Bethel Avenue and McGalliard Road.
Real Estate Market
The real estate market in University Heights is notably affordable, with a median home value of $67,000 and a price per square foot around $109. Homes sell at a measured pace, averaging 93 days on the market. The market caters to a mix of owners and renters, with a 62% homeownership rate and a median monthly rent of $835.
Schools & Education
While specific school data is not provided, the neighborhood falls within the Muncie Community Schools district. Its defining educational feature is its adjacency to Ball State University, which provides significant cultural and learning resources to the community. Families should consult the district for current school assignments and ratings.
Transportation & Connectivity
University Heights is well-connected by major roads, including Bethel Avenue and Wheeling Avenue, providing quick routes to downtown Muncie and Interstate 69. The neighborhood is highly walkable and bikeable for trips to the university campus. Public transportation is available via the Muncie Indiana Transit System (MITS) bus routes serving the area.
Why Choose University Heights
University Heights is an ideal choice for students, faculty, staff, and anyone seeking an affordable home near a vibrant university campus. It offers a quiet residential setting with the intellectual and cultural benefits of Ball State University at its doorstep. The combination of low housing costs, convenient location, and a median household income of $44,362 makes it a practical and engaging community.
University Heights 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 University Heights, Muncie
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for University Heights, 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