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Featured local agent — Independence, OH

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Independence, OH

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

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

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Independence, OH Housing Market & Real Estate

Strong seller's market+22.3% YoY

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?

Strong seller's market2.7 months of supply4 avg. days on 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?

Current housing market statistics for Independence, OH
MetricValue
Median sale price$376,000
Median list price$432,000
Year-over-year price change+22.3%
Average days on market4 days
Active inventory8 listings
Months of supply2.7 months
Sale-to-list price ratio104.0%
Median price per sq ft$220/sq ft
Homes sold (latest month)3
New listings (latest month)4
Market conditionStrong 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.

Median price, price per square foot, homes sold and days on market by property type in Independence, OH
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$376,000$220/sq ft34 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

Sale-to-list:104.0%

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

Charter

Gateway Online Academy of Ohio

Grades 9-12 · 740 students

Charter

Independence Primary School

Grades PK-4 · 438 students

Public

Independence Middle School

Grades 5-8 · 311 students

Public

Independence High School

Grades 9-12 · 309 students

Public

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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