$2,428 Closing Credit*
$204,500
1,209 SqFt
3 Beds
•2 Full Baths
Heather Federspiel, Listing Office: Wapsie Realty, LLC
Housing Prices in Independence, IA
How much do homes in Independence, IA cost?
Median List Price
$204,500
$130/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$25,000(+13.9%)
Key Takeaway
The list price of homes in Independence has increased by 13.9% since last year.
Summary: The median home list price in Independence was $204,500 in October 2024, up 13.9% from the previous year, and the median price per square foot was $130.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | - | N/A |
| 2 Bedrooms | $126.2K | $167K | +32.3% |
| 3 Bedrooms | $189K | $265K | +40.2% |
| 4 Bedrooms | $204.9K | - | N/A |
| 5+ Bedrooms | $264.4K | $174.9K | -33.9% |
Summary: Independence housing prices by bedroom type for October 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 40.2%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 33.9%.
Median List Price Compared To Nearby Cities
| Independence | $179.5K | $204.5K | +13.9% |
| Washington Township | $159.9K | $174.9K | +9.4% |
| Sumner Township | $189.4K | $204.5K | +7.9% |
Housing Supply in Independence, IA
How many homes are available in Independence, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Independence real estate market had 4 homes for sale in October 2024, a 20.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Independence housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Independence, IA
How long does it take to sell a home in Independence, IA?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 182 Days | 84 Days | -53.7% |
Summary: Homes in Independence had an average listing age of 84 days in Oct 2024, down by 53.7% 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.