Home Values

97351 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

$163,400

  • 5.8% 1-year change
  • 5.0% 1-year forecast

The median home value in 97351 is $163,400. 97351 home values have gone up 5.8% over the past year and Zillow predicts they will rise 5.0% within the next year. The median rent price in 97351 is $795, which is the same as the Independence median of $795.

Foreclosures will be a factor impacting home values in the next several years. In 97351 18.4 homes are foreclosed (per 10,000). This is greater than the Independence value of 18.1 and also greater than the national value of 3.5

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 97351 homeowners underwater on their mortgage is 25.9%, which is higher than Independence at 18.9%.

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Relative ZHVI
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97351 Market Overview

Data through May 31, 2015
  • $163,400 ZHVI
  • 5.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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97351 Market Health

Data through May 31, 2015
  • No recent data Healthy
  • No data Average days on Zillow
  • 25.9% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

18 97351
18 Independence
4 United States
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Nearby Zip Codes

Name Median ZHVI
97330 $280,700
97304 $213,300
97321 $210,700
Name Median ZHVI
97306 $208,300
97302 $198,100
97361 $189,200
Name Median ZHVI
97338 $178,000
97352 $175,400
97301 $130,200

Listings & Sales

  • No data
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97351 Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,189 97351
    $1,201 Independence
    $1,367 United States

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

  • 1.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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