Compare: Elsmere vs Independence
Home Values in Elsmere and Independence
|Zillow Home Value IndexWhat's this?||$93,600||vs||$140,900|
|Median List Price||$95,000||vs||$159,400|
|Median Sale Price||$114,400||vs||$142,600|
|Total Homes Sold in Apr||28 homes||vs||40 homes|
Elsmere, KY tends to be less expensive for home buyers than Independence, KY. During the last year, Elsmere home values have fallen by 1.1%, while Independence home values have risen by 4.2%. The median sale price in Elsmere is $114,400, but the median listing price was $95,000, a 20.4% increase. Meanwhile in Independence, the median selling price is $142,600, and the starting price had a median of $159,400, a 10.5% discount. In April, Elsmere home sellers managed to move 28 houses, while Independence saw 40 transactions.
Demographics in Elsmere and Independence
|Median Household Income||$42,262||vs||$51,002|
|Homes with Kids||38.9%||vs||41.0%|
|Average Household Size||2.7||vs||2.9|
|Average Commute Time (Minutes)||23||vs||26|
At $51,002, the median income in Independence is $8,740 more than in Elsmere, and $6,490 higher than the national average. Elsmere has an older median age, at 33, compared to 32 in Independence, and a shorter average commute. The average commute in Independence is 26 minutes and the average commute in Elsmere is 23 minutes.