Tucked between fields of grain, Cowan is a small Delaware County community that offers a slower pace of life than the hubbub of nearby Muncie. Residents trade proximity to shops and restaurants for spacious lots, rural landscapes and abundant outdoor amenities like hiking trails, campgrounds and nature preserves. Crime is also low here — the CAP Index gives Cowan a crime score of 1 out of 10, much lower than the national score of 4 out of 10.
Take in the rural landscapes at Cowan near Muncie, IN.
Enjoy walking, jogging, or cycling along the Cardinal Greenway.
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Homes with roomy lots that rarely hit the market
Housing is limited in Cowan. Homes rarely come on the market, and when they do, they sell in two days or less on average. The bungalows, ranch-style and Craftsman-inspired homes in the community tend to have porches or sunrooms. Homes on spacious parcels or multiple acres of land have room for sheds, gardens, campers or farm equipment. Prices typically range from $80,000 to $200,000, depending on size, age and acreage, but updated homes can cost nearly $300,000.
Many homes in Cowan feature large lots with spacious yards.
This row of bungalows in Cowan shows the charming nature of the neighborhood.
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Boating, hiking and golfing nearby
Swaths of open fields give way to Prairie Creek Reservoir, a popular spot for boating, fishing, swimming and camping. Numerous trails wind around the lake, ranging from typical pedestrian trails to paths specifically for all-terrain vehicles or horseback riding. At the southern edge of the reservoir, Red-tail Nature Preserve has trails that connect to the Cardinal Greenway, a former railroad corridor that spans 62 miles from Marion to Richmond, Indiana. Several golf courses are within a 15-minute drive of Cowan, including Maplewood Golf Club, Tri County Golf Club, and Cardinal Hill Golf Course. Nature lovers can hike, fish, camp and even ski when the weather allows at Summit Lake State Park, about 13 miles away.
Maplewood Golf Club is a short drive from Cowan and features 6,000 yards of play.
Red-tail Nature Preserve is made up of forest, tallgrass prairie, and wetlands.
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College credit and industry certificates at Muncie Area Career Center
Kids can attend Cowan Elementary School, which serves students in kindergarten through sixth grade, before heading to Cowan Junior/Senior High School. Both schools receive a C-plus from Niche. “We’re a pretty small school. We’ve got an enrollment of 715 students, including [both schools],” says Sheryl Marshall, secretary for Cowan Community Schools Corporation. “We do offer some dual credit, and juniors and seniors can take classes at the Muncie Area Career Center."
Cowan Elementary School has 429 students in grades K-6.
Cowan High School has a student-teacher ratio of 14 to 1.
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Fish fries, car shows and concerts in Muncie
Local churches and community organizations hold events. The Cowan Lions Club has an annual car show and breakfast, and houses of worship like Liberty Baptist Church and Corinth Methodist Church host fish fries during Lent. Of course, Muncie has plenty of events. In the summer, Canan Commons Park turns into a performance venue during the Muncie Three Trails concert series. Fire Up DWNTWN is another summertime celebration with hot air balloons, food, live music and games.
The Cowan Lions Club was chartered on April 18th, 1957.
First Brethren Church is a community hub for the citizens of Cowan.
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Cowan is car-dependent
Kids in the community can walk to school on Monroe Street's partial sidewalk, but residents need a car to get around. Medical care is available at IU Health Ball Memorial Hospital about 8 miles away in Muncie. Locals hop on State Route 67 to get to Interstate 69, a major north-south thoroughfare for the state.
Locals dine and shop in Muncie
Farmland surrounds Cowan, so residents head about 5 miles north into Muncie to run errands, get groceries or grab a bite to eat. Walmart Supercenter is the closest grocery store on the southern edge of Muncie. McGalliard Road has a branch of nearly every fast-casual chain restaurant in America, and it’s also the main destination for retail shopping with Muncie Mall, Target and Muncie Plaza shopping center. Downtown, beer and music flow at taphouses like Savage’s Ale House, Twin Archer Brewpub and Elm Street Brewing Company. The Minnetrista Farmer’s Market is held year-round and features local goods from small businesses like Firm Root Farm, a Cowan business that specializes in fresh-cut flowers and all-natural maple syrup.
Heorot is a traditional pub a short drive from Cowan and a favorite among locals.
Muncie Mall features retail and restaurants and is a few miles from Cowan.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
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Parks in this Area
Heekin Park
Mansfield Park Lodge
Thomas Park
Cooley Park
Red-tail Nature Preserve
Crime and Safety
1 - Low Crime, 10 - High Crime
Cowan
US
Homicide
1
4
Sexual Assault
1
4
Assault with Weapon
1
4
Robbery
1
4
Burglary
1
4
Motor Vehicle Theft
1
4
Larceny
1
4
Crime Score
1
4
Source: WhatIsMyCrimeRisk.com
Cowan Demographics and Home Trends
On average, homes in Cowan, Muncie sell after 7 days on the market compared to the national average of 49 days. The median sale price for homes in Cowan, Muncie over the last 12 months is $172,500, up 301% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$177,475
Median Sale Price
$172,500
Median Single Family Sale Price
$60,000
Median Change From 1st List Price
7%
Last 12 months Home Sales
2
Median Home Sale Price YoY Change
301%
Average Price Per Sq Ft
$73
Neighborhood Facts
Number of Homes in Neighborhood
71
Median Year Built
1939
Average Single Family Home Size Sq Ft
1,595
Below the national average
1,933
Median Lot Size Sq Ft
13,503
Distribution of Home Values
Source: Public Records
Interested in learning more about homes in this area?
Reach out to
Jackie Lovell,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
223
Median Age
45
Population Density
1 person/acre
Population under 18
20.2%
On par with the national average
23.8%
Population over 65
22.4%
On par with the national average
19.1%
Finances
Median Household Income
$76,562
Above the national average
$71,702
Average Household Income
$88,226
Education and Workforce
High School Graduates
88.8%
College Graduates
25.6%
Below the national average
34.1%
Advanced Degrees
7.5%
% Population in Labor Force
73%
Above the national average
65.1%
Weather
Annual Precipitation
42''
Average Winter Low Temperature
16°F
Average Summer High Temperature
84°F
Annual Snowfall
9''
Area Factors
Somewhat Bikeable
Bike Score®
26/ 100
Car-Dependent
Walk Score®
3/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
