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 list price per square foot in Independence is $92, which is higher than the Buchanan County average of $90. The median price of homes currently listed in Independence is $119,900 while the median price of homes that sold is $130,882.

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 2.9%, which is lower than the national value of 6.4%. 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 15.0%, which is lower than Buchanan County at 16.0%.

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Relative ZHVI
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Independence Market Overview

Data through Jan 31, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $119,900 Median listing price
  • No recent data Median sale price
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Independence Market Health

Data through Jan 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 15.0% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 2.9% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Jesup $140,800
Fairbank $128,000
Winthrop $101,400
Name Median ZHVI
Rowley $99,900
Quasqueton $77,600
Brandon $75,500
Name Median ZHVI
Hazleton $73,700
Lamont $68,100
Aurora $50,600

Listings & Sales

Data through Jan 31, 2015
  • $92 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
3.9%
Sold below listing
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Independence Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,054 Independence
    $1,039 Buchanan County
    $1,350 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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