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Featured local agent — Independence, MS

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Independence, MS

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Independence, MS(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Independence, MS Housing Market & Real Estate

Buyer's market

Housing market overview · Updated monthly ·

$415,000median sale price

How is the Independence, MS housing market right now?

The median home sale price in Independence, MS is $415,000. Homes sell in an average of 164 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of August 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Independence a buyer's or seller's market?

Buyer's market164 avg. days on market

Independence, MS is currently a buyer's market and homes selling in about 164 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

164

Average pace

Active listings

Sale-to-list

75.4%

Below asking

What does the Independence housing market data show?

Current housing market statistics for Independence, MS
MetricValue
Median sale price$415,000
Average days on market164 days
Sale-to-list price ratio75.4%
Median price per sq ft$175/sq ft
Homes sold (latest month)1
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Independence by property type?

How the Independence, MS market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Independence, MS
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$415,000$175/sq ft1164 days

Source: Redfin · Updated monthly

The Independence housing market is currently classified as a buyer's market with a median sale price of $415,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 164 days on market.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Homes for sale in Independence

Explore homes currently listed for sale in Independence, Mississippi across major real estate platforms.

Sale-to-list:75.4%

Who lives in Independence?

Population

106

Median age

75.8 years

Owner-occupied

100.0%

College grads

10.3%

Source: U.S. Census Bureau ACS

What is it like to live in Independence?

Independence is a community of approximately 0K residents with a median age of 75.8 years. 10.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 100.0%, reflecting strong community stability and long-term resident commitment.Overall, Independence offers a distinctive character that appeals to different lifestyle preferences.

Which cities are near Independence, MS?

Want a head-to-head view? Compare Independence side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Independence?

The median home sale price in Independence is $415,000, down 0.0% from last year.

How long do homes stay on market in Independence?

Homes typically spend 164 days on market before going under contract.

How much does a single-family home cost in Independence?

The median single-family home price in Independence, MS is $415,000 (about $175 per square foot).

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