Real Estate & Homes for Sale in Cowan, Muncie

Cowan is a good place to live. Cowan is considered very car-dependent and somewhat bikeable. Cowan is a rural neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Cowan has 5 parks for recreational activities. It has a median age of 45. The average household income is $88,226 which is below the national average. College graduates make up 25.6% of residents. A majority of residents in Cowan are home owners, with 11.5% of residents renting and 88.5% of residents owning their home. A local real estate agent serving Cowan can help you decide if this neighborhood is the right one for you. Learn more on our Cowan neighborhood guide.

Cowan, IN is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.

The median home price in Cowan is $177,475. If you put a 20% down payment of $35,500 and had a 30-year fixed mortgage with an interest rate of 5.98%, your estimated principal and interest payment would be $850 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $36K a year to afford the median home price in Cowan. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Cowan is $88K.

The best public schools that serve Cowan are:

• Burris Laboratory School has an A- Niche grade, a student teacher ratio of 13:1 and an average review score of 3.8.
• Cowan High School has a C+ Niche grade, a student teacher ratio of 14:1 and an average review score of 3.6.
• Cowan Elementary School has a C+ Niche grade and a student teacher ratio of 15:1.

The most popular zip codes in Cowan, Muncie, IN include 47302, 47356, 47386, 47334 and 47383.

The most popular neighborhoods near Cowan, Muncie, IN are Southside, Thomas Park-Avondale, Forest Park, South Central and Industry.

Yes, home prices in Cowan are down 3% in the last 12 months.