Home Values

Independence Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median price of homes currently listed in Independence is $129,000 while the median price of homes that sold is $158,000.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Independence is 3.3%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Independence homeowners underwater on their mortgage is 11.7%, which is lower than Buchanan County at 11.9%.

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Relative ZHVI
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Independence Market Overview

Data through Aug 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $129,000 Median listing price
  • $158,000 Median sale price (Jul 31, 2014)
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Independence Market Health

Data through Aug 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 11.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 3.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI
Center Point $164,000
Dunkerton $155,500
Urbana $142,100

Listings & Sales

Data through Aug 31, 2014
  • $77 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 28.4% Listings with price cut
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Independence Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,066 Independence
    $1,057 Buchanan County
    $1,328 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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