Housing Prices in Independence, KY

How much do homes in Independence, KY cost?

Median List Price

$339,999

$181/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

-$42,292(-11.1%)

Key Takeaway

The list price of homes in Independence has decreased by 11.1% since September.

Summary: The median home list price in Independence was $339,999 in October 2024, down 11.1% from the previous month, and the median price per square foot was $181.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $439.9K$225K
-48.9%
3 $329K$322K
-2.1%
4 $422K$399.9K
-5.2%
5+ $519.9K$472.4K
-9.1%

Summary: Independence housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 48.9%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes decreased by 9.1%.

Median List Price Compared To Nearby Cities

Ryland Heights
+40.1%
Latonia
0.0%
Elsmere
-8.4%
Independence
-11.1%
Ft Mitchell
-30.0%

Housing Supply in Independence, KY

How many homes are available in Independence, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4487+97.7%

Summary: The Independence real estate market had 87 homes for sale in October 2024, a 97.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 17
+600.0%
3 2044
+120.0%
4 2032
+60.0%
5+ 34
+33.3%

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 increased by 600%, 3 bedroom homes increased by 120%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 33.3%.

Days on Market for Independence, KY

How long does it take to sell a home in Independence, KY?

Average Listing Age

Sep 2024Oct 2024CHANGE
59 Days48 Days-17.4%

Summary: Homes in Independence had an average listing age of 48 days in Oct 2024, down by 17.4% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Independence, KY

Nearby Markets to Independence, KY

What housing markets are near Independence, KY?