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Buchanan County Court HouseBuchanan County Court House · Photo: Kevin Schuchmann · CC BY-SA 3.0
Housing in Independence

92 homes sold in Independence in the last year, at a typical $195K

Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Independence homes are listed.

Homes sold
92
October 2025 to September 2026
Typical sale price
$195K
median, weighted by sales
Price per square foot
$119
Iowa $159
Paid vs. asking
96.3%
15% sold over asking
For sale now
13
September 2026 · 8 sold that month
What sold · last 12 months

Houses are 0% of Independence’s sales, at a typical — (year to May 2026)

92 homes sold in the year to September 2026.

11 years of sales

About as many homes sell as usual, at twice the 2016 price

92 sales in the last year, against 126 in 2017 and a low of 50 in 2015. The typical sale went from $102K in 2016 to $195K.

Homes soldTypical sale price
03775112150$75K$150K$225K$300K2015: 50 sold, typical $98K’152016: 80 sold, typical $102K2017: 126 sold, typical $114K’172018: 89 sold, typical $123K2019: 109 sold, typical $127K’192020: 85 sold, typical $128K2021: 98 sold, typical $146K’212022: 99 sold, typical $166K2023: 105 sold, typical $171K’232024: 63 sold, typical $184K2025: 90 sold, typical $185K’25Last 12 months: 92 sold, typical $195KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 11 years of sales

Bidding wars in Independence are back to pre-pandemic levels, but half fewer homes come up for sale

We read every month of Independence’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 92 sales.

If you’re buying in Independence

  • Shop in April. It brings about 9 new listings a month, close to the busiest month, with fewer bidding wars (18% over asking).
  • Offer under asking. Buyers paid 96.3% of the list price on average; 15% paid over.
  • You’ll usually have time. Only 41% of homes go under contract within two weeks; the typical one takes 35 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 11 a month), and the most competition: 23% close over asking. April and May offer nearly as much choice with fewer homes bid up (18%). March has the least competition (14%).

New listings a monthShare sold over asking
03.87.511.31513%27%40%Sweet spotJan: 5 new listings a month, 17% sold over asking, 80 days to sellJFeb: 6 new listings a month, 15% sold over asking, 86 days to sellFMar: 7 new listings a month, 14% sold over asking, 72 days to sellMApr: 9 new listings a month, 18% sold over asking, 72 days to sellAMay: 10 new listings a month, 20% sold over asking, 65 days to sellMJun: 11 new listings a month, 23% sold over asking, 67 days to sellJJul: 10 new listings a month, 21% sold over asking, 66 days to sellJAug: 9 new listings a month, 19% sold over asking, 65 days to sellASep: 8 new listings a month, 14% sold over asking, 66 days to sellSOct: 8 new listings a month, 15% sold over asking, 73 days to sellONov: 7 new listings a month, 16% sold over asking, 77 days to sellNDec: 6 new listings a month, 18% sold over asking, 77 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Iowa as a whole

Independence now2017–192021 peakIA now
Sold over askingShare of sales that closed above the list price15%12%28%20%
Gone within two weeksShare of homes under contract within 14 days41%0%0%35%
Price paid vs. askingAverage sale price ÷ list price96.3%96%96.9%97.5%
Days to sellMedian days from listing to contract351006046
Supply

17 homes for sale on a typical day

That’s 1.3 times the 2024 low (13), 52% fewer than in 2017–19 and well under 2016’s 44.

2015: 26 for sale’152016: 44 for sale2017: 42 for sale2018: 32 for sale’182019: 32 for sale2020: 26 for sale2021: 23 for sale’212022: 21 for sale2023: 14 for sale2024: 13 for sale’242025: 22 for saleLast 12 months: 17 for saleNow
Across Iowa

Independence ranks 60th of 91 busy Iowa markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Independence is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2015 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Independence home costs about $1,285 a month

Mortgage
Property tax
Insurance
Rent

Price: Independence’s typical sale, last 12 months. Property tax at Independence’s 1.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Independence is affordable on local pay is on Cost of living.

Before you buy in Independence

Six things worth knowing

11

New listings in June

The month with the most choice. January has the fewest, about 5.

Best time to buy
1.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $195K home, about $3,210 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Independence, from test results, graduation and how much students grow.

Schools in Independence
20 min

Typical commute

The average one-way trip to work for people who live in Independence.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Oelwein and La Porte City sell for less a square foot

The busier markets within 25 miles of Independence, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Independence92$195K$11915%35
Oelwein88$121K$8114%74
Evansdale58$160K$13724%26
Jesup45$262K$13611%53
Center Point35$221K$13519%50
La Porte City34$160K$10932%46
Urbana29$263K$14414%42

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Independence, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Independence. People who follow the town see it, and so do people comparing Independence with their own town. No commission, no listing fee.

Questions about buying a home in Independence

What do homes sell for in Independence, IA?

92 homes sold in the year to September 2026 at a typical $195K, $119 a square foot.

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

A seller’s market: 13 homes were for sale in September 2026 and 8 sold, about 1.5 months of supply. Buyers paid 96.3% of asking on average.

When is the best time to buy in Independence?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Independence?

About 1.7% of a home’s value a year. On a $195K home that’s near $3,210.

Where can I see homes for sale in Independence?

Zillow, Redfin, Realtor.com and Homes.com all carry Independence’s MLS listings; the search links above open each one filtered to Independence.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).