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Why Live in Cowan

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 ...

Frequently Asked Questions

Is Cowan a good place to live?
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 is sparse in population with 1.0 people per acre and 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% of residents renting and 89% 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.
Is Cowan, IN a safe neighborhood?
Cowan, IN is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Cowan?
The median home price in Cowan is $293,000. If you put a 20% down payment of $58,600 and had a 30-year fixed mortgage with an interest rate of 6.52%, your estimated principal and interest payment would be $1,480 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $63K 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.
What are the best public schools in Cowan?
The best public schools that serve Cowan are:
What are the most popular zip codes in Cowan, Muncie, IN?
The most popular zip codes in Cowan, Muncie, IN include 47302, 47334, 47396, 47383 and 47305.
What are the most popular neighborhoods near Cowan, Muncie, IN?
The most popular neighborhoods near Cowan, Muncie, IN are Southside, Thomas Park-Avondale, South Central, Industry and Southeast Muncie.

Cowan Home Prices vs. Nearby Muncie, IN Neighborhoods

Cowan Frankton Ingalls Sheridan
Median Home Price
$293,000
$239,900
$339,900
$328,400
Median Sale Price
$293,000
+66% YoY
$225,000
+2% YoY
$327,965
+3% YoY
$325,000
+2% YoY
Median Single Family Price
$293,000
$239,900
$329,450
$324,947
Total Active Listings
0
8
105
41
Market Conditions
0 Months
Seller's Market
4 Months
Balanced Market
6 Months
Balanced Market
3 Months
Seller's Market
How to Buy a Home How to Finance a Home How to Sell a Home