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Featured local agent — Independence, OH
Sarah Mitchell
Compass Real Estate · Independence, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Independence, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$376,000median sale price
How is the Independence, OH housing market right now?
The median home sale price in Independence, OH is $376,000, up 22.3% year-over-year. Homes sell in an average of 4 days with 8 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of April 2026 — 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?
Independence, OH is currently a strong seller's market, based on 2.7 months of supply and homes selling in about 4 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
4
Fast-moving
Active listings
8
2.7 months supply
Sale-to-list
104.0%
Above asking
What does the Independence housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $376,000 |
| Median list price | $432,000 |
| Year-over-year price change | +22.3% |
| Average days on market | 4 days |
| Active inventory | 8 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 104.0% |
| Median price per sq ft | $220/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 4 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Independence by property type?
How the Independence, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $376,000 | $220/sq ft | 3 | 4 days |
Source: Redfin · Updated monthly
The Independence housing market is currently classified as a strong seller's market with a median sale price of $376,000. Prices have risen 22.3% compared to last year, with homes spending an average of 4 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Independence
There are currently 8 homes listed for sale in Independence, Ohio. The median listing price is $432K.
Active listings
8
Homes on market
Median list price
$432K
Avg. days on market
4
Days until sale
New this week
4
Newly listed
Who lives in Independence?
Population
7,543
Median income
$114,049/yr
Median age
48.7 years
Owner-occupied
94.8%
College grads
51.3%
Avg commute
24.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Independence?
Zillow home value
$372,400
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Independence?
Independence is a community of approximately 8K residents with a median age of 48.7 years.The median household income is $114,049, which reflects a relatively affluent area with strong earning potential. 51.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 94.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Independence offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Independence?
5 schools tracked · 8,284 students
The largest public schools serving Independence, OH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Alternative Education Academy
Grades K-12 · 6,486 students
Gateway Online Academy of Ohio
Grades 9-12 · 740 students
Independence Primary School
Grades PK-4 · 438 students
Independence Middle School
Grades 5-8 · 311 students
Independence High School
Grades 9-12 · 309 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Independence, OH?
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 $376,000, up 22.3% from last year.
How long do homes stay on market in Independence?
Homes typically spend 4 days on market before going under contract.
What is the median income in Independence?
The median household income is $114,049 per year.
Is Independence a buyer's or seller's market?
With 2.7 months of supply, Independence is currently a strong seller's market.
What is the Zillow home value estimate for Independence?
The Zillow Home Value Index (ZHVI) for Independence is $372,400, representing the typical home value in the area.
How much does a single-family home cost in Independence?
The median single-family home price in Independence, OH is $376,000 (about $220 per square foot).
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