Photo: W.marsh · CC BY-SA 3.0343 homes sold in Independence in the last year, at a typical $318K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Independence homes are listed.
Every place Independence homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Independence.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
3% of Independence’s sales are condos, at $168K less than a house
322 houses and 11 condos sold in the year to May 2026.
typical sale · 322 sold in 12 months
- Per square foot
- $199KY $162
- Days to sell
- 16
- Sold over asking
- 34%
- Listings with a price cut
- 42%
typical sale · 11 sold in 12 months
- Per square foot
- $151KY $177
- Days to sell
- 17
- Sold over asking
- 36%
- Listings with a price cut
- 60%
Townhouses: 10 sold, typical $171K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2021, at twice the 2016 price
343 sales in the last year, against 600 in 2020 and a low of 332 in 2025. The typical sale went from $160K in 2016 to $318K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $300K buys in Independence
Check a listing against what Independence homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Independence are more common than before the pandemic, but two thirds fewer homes come up for sale
We read every month of Independence’s home sales since 2012 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 May 2026, 343 sales.
If you’re buying in Independence
- Shop in March. It brings about 50 new listings a month, close to the busiest month, with fewer bidding wars (27% over asking).
- You can negotiate. 41% of listings have cut their price, against 20% before the pandemic.
- Bid near asking. Buyers paid 99.6% of the list price on average; 34% paid over.
- Move fast on good ones. 57% of homes are under contract within two weeks.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 54 a month), and the most competition: 33% close over asking. March and April offer nearly as much choice with fewer homes bid up (27%). January has the least competition (17%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than Kentucky
| Independence now | 2017–19 | 2021 peak | KY now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 34% | 21% | 48% | 18% |
| Gone within two weeksShare of homes under contract within 14 days | 57% | 5% | 73% | 36% |
| Listings with a price cutShare of homes for sale that cut their price | 41% | 20% | 16% | 27% |
| Price paid vs. askingAverage sale price ÷ list price | 99.6% | 98.9% | 101.5% | 97.4% |
| Days to sellMedian days from listing to contract | 16 | 58 | 6 | 50 |
40 homes for sale on a typical day
That’s 1.3 times the 2024 low (30), 70% fewer than in 2017–19 and well under 2013’s 228.
1 in 2 listings has cut its price
41% in the last year, against 20% in 2017–19 and 27% across Kentucky. More sellers are pricing high and coming down.
Since 2019, houses are up 63%, condos 68%
A house typically sold for $324K in the last year (322 sales), a condo for $156K (11).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Independence ranks 3rd of 77 busy Kentucky markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Independence is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Independence home costs about $1,913 a month
Price: Independence’s typical sale, last 12 months. Property tax at Independence’s 1% (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.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 25.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $318K home, about $3,040 a year.
Taxes vs. neighborsSchools
The schools grade for Independence, from test results, graduation and how much students grow.
Schools in IndependenceTypical commute
The average one-way trip to work for people who live in Independence.
Work & commuteCheck 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 hazardsLook 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.
Crestview Hills and Covington 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.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Covington | 667 | $238K | $178 | 23% | 17 |
| Independence | 343 | $318K | $196 | 34% | 16 |
| Taylor Mill | 117 | $280K | $200 | 30% | 30 |
| Edgewood | 100 | $357K | $210 | 29% | 14 |
| Elsmere | 98 | $229K | $208 | 37% | 13 |
| Crestview Hills | 55 | $287K | $178 | 4% | 45 |
| Lakeside Park | 29 | $411K | $203 | 21% | 27 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
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, KY?
343 homes sold in the year to May 2026 at a typical $318K, $196 a square foot. Houses sold for about $324K, condos for about $156K.
Is Independence a buyer’s or seller’s market?
A seller’s market: 31 homes were for sale in May 2026 and 40 sold, about 0.8 months of supply. Buyers paid 99.6% of asking on average, and 41% of listings cut their price.
When is the best time to buy in Independence?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Independence?
About 1% of a home’s value a year. On a $318K home that’s near $3,040.
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). 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).