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Independence Presbyterian ChurchPhoto: Nyttend · Public domain
Housing in Independence

66 homes sold in Independence in the last year, at a typical $373K

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.

Homes sold
66
May 2025 to April 2026
Typical sale price
$373K
median, weighted by sales
Price per square foot
$203
Ohio $163
Paid vs. asking
97.4%
30% sold over asking
For sale now
8
April 2026 · 3 sold that month
What sold · last 12 months

Houses are 100% of Independence’s sales, at a typical $373K

66 homes sold in the year to April 2026.

Houses$373K

typical sale · 66 sold in 12 months

Per square foot
$203OH $165
Days to sell
23
Sold over asking
30%
Listings with a price cut
34%
14 years of sales

About as many homes sell as usual, at 1.6 times the 2016 price

66 sales in the last year, against 85 in 2020 and a low of 45 in 2023. The typical sale went from $231K in 2016 to $373K.

Homes soldTypical sale price
0255075100$175K$250K$325K$400K2012: 67 sold, typical $235K’122013: 61 sold, typical $245K2014: 66 sold, typical $210K’142015: 77 sold, typical $245K2016: 79 sold, typical $231K’162017: 62 sold, typical $231K2018: 81 sold, typical $294K’182019: 72 sold, typical $312K2020: 85 sold, typical $286K’202021: 79 sold, typical $350K2022: 76 sold, typical $338K’222023: 45 sold, typical $368K2024: 61 sold, typical $371K’242025: 78 sold, typical $362KLast 12 months: 66 sold, typical $373KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in Independence

Houseat $203 a sq ft
The same money in Ohioat $165 a sq ft

Is this asking price fair?

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.

What the sales history says · 14 years of sales

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 April 2026, 66 sales.

If you’re buying in Independence

  • Shop in July. It brings about 10 new listings a month, close to the busiest month, with fewer bidding wars (24% over asking).
  • You can negotiate. 34% of listings have cut their price, against 27% before the pandemic.
  • Offer under asking. Buyers paid 97.4% of the list price on average; 30% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 11 a month), and the most competition: 31% close over asking. July offers nearly as much choice with fewer homes bid up (24%). March has the least competition (12%).

New listings a monthShare sold over asking
03.87.511.31513%27%40%Sweet spotJan: 5 new listings a month, 14% sold over asking, 77 days to sellJFeb: 4 new listings a month, 16% sold over asking, 107 days to sellFMar: 7 new listings a month, 12% sold over asking, 91 days to sellMApr: 8 new listings a month, 21% sold over asking, 51 days to sellAMay: 11 new listings a month, 31% sold over asking, 46 days to sellMJun: 9 new listings a month, 29% sold over asking, 41 days to sellJJul: 10 new listings a month, 24% sold over asking, 34 days to sellJAug: 7 new listings a month, 30% sold over asking, 39 days to sellASep: 7 new listings a month, 21% sold over asking, 35 days to sellSOct: 6 new listings a month, 20% sold over asking, 57 days to sellONov: 5 new listings a month, 14% sold over asking, 65 days to sellNDec: 3 new listings a month, 12% sold over asking, 60 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Ohio as a whole

Independence now2017–192021 peakOH now
Sold over askingShare of sales that closed above the list price30%12%37%29%
Gone within two weeksShare of homes under contract within 14 days52%35%49%47%
Listings with a price cutShare of homes for sale that cut their price34%27%41%27%
Price paid vs. askingAverage sale price ÷ list price97.4%95.7%99.3%98.5%
Days to sellMedian days from listing to contract23744142
Supply

9 homes for sale on a typical day

That’s 1.2 times the 2023 low (7), 63% fewer than in 2017–19 and well under 2012’s 35.

2012: 35 for sale’122013: 28 for sale2014: 32 for sale2015: 30 for sale’152016: 29 for sale2017: 24 for sale2018: 22 for sale’182019: 23 for sale2020: 18 for sale2021: 11 for sale’212022: 9 for sale2023: 7 for sale2024: 9 for sale’242025: 8 for saleLast 12 months: 9 for saleNow
Room to negotiate

1 in 3 listings has cut its price

34% in the last year, against 27% in 2017–19 and 27% across Ohio. More sellers are pricing high and coming down.

2015: 27%’152016: 25%2017: 27%2018: 26%’182019: 28%2020: 33%2021: 41%’212022: 40%2023: 49%2024: 44%’242025: 35%Last 12 months: 34%Now

Source: Redfin Data Center, city market tracker, January 2012 to April 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Independence home costs about $2,435 a month

Mortgage
Property tax
Insurance
Rent

Price: Independence’s typical sale, last 12 months. Property tax at Independence’s 1.6% (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 May

The month with the most choice. December has the fewest, about 3.

Best time to buy
1.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $373K home, about $5,860 a year.

Taxes vs. neighbors
A

Schools

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

Schools in Independence
23 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

Seven Hills, Garfield Heights, Walton Hills, Maple Heights and Parma 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
Parma1,003$226K$17248%18
Garfield Heights455$141K$11134%40
Maple Heights291$139K$11836%34
Broadview Heights240$396K$19941%26
Seven Hills152$323K$18440%27
Independence66$373K$20330%23
Walton Hills24$317K$15029%37

Redfin Data Center, May 2025 to April 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, OH?

66 homes sold in the year to April 2026 at a typical $373K, $203 a square foot.

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

A seller’s market: 8 homes were for sale in April 2026 and 3 sold, about 2.7 months of supply. Buyers paid 97.4% of asking on average, and 34% 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 1.6% of a home’s value a year. On a $373K home that’s near $5,860.

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).