$1,483 Closing Credit*
$124,900
900 SqFt
2 Beds
•1 Full Bath
Heather Federspiel, Listing Office: Wapsie Realty, LLC
Housing Prices in Independence, IA
How much do homes in Independence, IA cost?
Median List Price
$224,750
$145/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$45,250(+25.2%)
Key Takeaway
The list price of homes in Independence has increased by 25.2% since last year.
Summary: The median home list price in Independence was $224,750 in November 2024, up 25.2% from the previous year, and the median price per square foot was $145.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | - | N/A |
| 2 Bedrooms | $126.2K | $167K | +32.3% |
| 3 Bedrooms | $189K | $255K | +34.9% |
| 4 Bedrooms | $204.9K | - | N/A |
| 5+ Bedrooms | $264.4K | $267.4K | +1.1% |
Summary: Independence housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32.3%, 3 bedroom homes increased by 34.9%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 1.1%.
Median List Price Compared To Nearby Cities
| Sumner Township | $189.4K | $272.2K | +43.7% |
| Independence | $179.5K | $224.7K | +25.2% |
| Washington Township | $179.9K | $174.9K | -2.8% |
Housing Supply in Independence, IA
How many homes are available in Independence, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Summary: The Independence real estate market had 5 homes for sale in November 2024, a 25.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Independence housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Days on Market for Independence, IA
How long does it take to sell a home in Independence, IA?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 182 Days | 94 Days | -48.2% |
Summary: Homes in Independence had an average listing age of 94 days in Nov 2024, down by 48.2% compared to the previous year.
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.