Photo: Nicholas A. Tonelli on Flickr · CC BY 2.032 homes sold in Independence Township in the last year, at a typical $532K
Redfin reports Independence Township’s sales by ZIP code, so these figures are for ZIP 07838, which takes in Independence Township and the area around it. 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 Township homes are listed.
Every place Independence Township 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 Township.
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.
Houses are 97% of Independence Township’s sales, at a typical $537K
32 homes sold in the year to May 2026.
typical sale · 31 sold in 12 months
- Per square foot
- $250NJ $331
- Days to sell
- 39
- Sold over asking
- 53%
Fewer homes sell than before 2022, at 2.5 times the 2016 price
32 sales in the last year, against 55 in 2021 and a low of 28 in 2012. The typical sale went from $209K in 2016 to $532K.
Source: Redfin Data Center, MLS sales; for ZIP 07838, which takes in Independence Township and the area around it (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.
What $550K buys in Independence Township
Check a listing against what Independence Township 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 Township are more common than before the pandemic, but three quarters fewer homes come up for sale
We read every month of home sales in ZIP 07838 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, 32 sales.
If you’re buying in Independence Township
- Shop in June. It brings about 6 new listings a month, close to the busiest month, with fewer bidding wars (35% over asking).
- Bid near asking. Buyers paid 101% of the list price on average; 54% paid over.
- You’ll usually have time. Only 18% of homes go under contract within two weeks; the typical one takes 41 days.
Spring brings the homes; fall brings the bidding wars
May has the most new listings (about 6 a month), but September is the most competitive: 40% of September sales close over asking. January has the least competition (26%) but only about 3 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than New Jersey
| Independence Township now | 2017–19 | 2021 peak | NJ now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 54% | 13% | 59% | 48% |
| Gone within two weeksShare of homes under contract within 14 days | 18% | 0% | 0% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | — | — | — | 17% |
| Price paid vs. askingAverage sale price ÷ list price | 101% | 95.8% | 100.7% | 101.2% |
| Days to sellMedian days from listing to contract | 41 | 107 | 80 | 45 |
5 homes for sale on a typical day
That’s 5.4 times the 2012 low (1), 75% fewer than in 2017–19 and well under 2015’s 29.
Source: Redfin Data Center, ZIP code tracker; for ZIP 07838, which takes in Independence Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), 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 Township home costs about $3,706 a month
Price: Independence Township’s typical sale, last 12 months. Property tax at Independence Township’s 2.1% (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 Township 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 3.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $532K home, about $11,160 a year.
Taxes vs. neighborsSchools
The schools grade for Independence Township, from test results, graduation and how much students grow.
Schools in Independence TownshipTypical commute
The average one-way trip to work for people who live in Independence Township.
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.
Oxford Township sells for less a square foot; Budd Lake for far more
The busier markets within 25 miles of Independence Township, 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 | |
|---|---|---|---|---|---|
| Panther Valley | 111 | $445K | $291 | 41% | 33 |
| Budd Lake | 90 | $646K | $316 | 70% | 30 |
| Hackettstown | 89 | $458K | $291 | 54% | 33 |
| Flanders | 84 | $657K | $309 | 74% | 20 |
| Beattystown | 34 | $440K | $289 | 79% | 17 |
| Independence Township (ZIP 07838) | 32 | $532K | $250 | 54% | 41 |
| Oxford Township | 32 | $282K | $239 | 34% | 70 |
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 Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Independence Township. People who follow the town see it, and so do people comparing Independence Township with their own town. No commission, no listing fee.
Questions about buying a home in Independence Township
What do homes sell for in Independence Township, NJ?
32 homes sold in the year to May 2026 at a typical $532K, $250 a square foot.
Is Independence Township a buyer’s or seller’s market?
A balanced market: 6 homes were for sale in May 2026 and 1 sold, about 4.6 months of supply. Buyers paid 101% of asking on average.
When is the best time to buy in Independence Township?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Independence Township?
About 2.1% of a home’s value a year. On a $532K home that’s near $11,160.
Where can I see homes for sale in Independence Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Independence Township’s MLS listings; the search links above open each one filtered to Independence Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 07838, which takes in Independence Township and the area around it (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).