Housing Prices in Independence, MO

How much do homes in Independence, MO cost?

Median List Price

$209,997

$137/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$10,152(+5.1%)

Key Takeaway

The list price of homes in Independence has increased by 5.1% since last year.

Summary: The median home list price in Independence was $209,997 in October 2024, up 5.1% from the previous year, and the median price per square foot was $137.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $75K$92K
+22.7%
2 $147.2K$155K
+5.2%
3 $200K$215K
+7.5%
4 $275K$269K
-2.2%
5+ $316.4K$334.9K
+5.9%

Summary: Independence housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.7%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 5.9%.

Median List Price Compared To Nearby Cities

Blue Township
+5.5%
Independence
+5.1%
Blue Springs
+1.6%
Sni-A-Bar Township
+1.2%
Sugar Creek
+1.0%

Housing Supply in Independence, MO

How many homes are available in Independence, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
519581+11.9%

Summary: The Independence real estate market had 581 homes for sale in October 2024, a 11.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 107121
+13.1%
3 299318
+6.4%
4 92120
+30.4%
5+ 2021
+5.0%

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 increased by 13.1%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 30.4%, and 5+ bedroom homes increased by 5%.

Days on Market for Independence, MO

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

Average Listing Age

Oct 2023Oct 2024CHANGE
93 Days62 Days-33.5%

Summary: Homes in Independence had an average listing age of 62 days in Oct 2024, down by 33.5% compared to the previous year.

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

Report Updated 16 Days Ago

Newest Listings in Independence, MO

Nearby Markets to Independence, MO

What housing markets are near Independence, MO?