Independence, IA Foreclosures
How much do homes sell for in Independence, IA?
The average home price is currently $238,505.
In Independence, IA, how many homes are available?
There are currently 51 active home listings available in Independence.
What’s the average rental cost in Independence, IA?
The average rental price in Independence is $1,300.
What is the most expensive home in Independence?
The most expensive home sold in Independence had a price of $11,370,721.
What is currently the cheapest priced home in Independence, IA?
The cheapest home for sale in Independence is priced at $11,544.
Living in Independence, IA
Independence, Iowa, is a picturesque small town that offers a friendly community atmosphere and abundant outdoor activities. With its location alongside the Wapsipinicon River, residents can enjoy serene views and recreational opportunities. The town combines essential amenities and a small-town charm, making it a great place for families and individuals alike.
Current Market Conditions in Independence, IA
Independence's real estate market exhibits stable growth, with home prices gradually increasing due to rising demand and limited inventory. The town's appeal as a quiet, family-friendly community has attracted several new residents, which contributes to market activity. Buyers can find a range of housing options, from quaint single-family homes to larger properties, although the competition for affordable homes remains tight.
As the market continues to stabilize, home sales have remained steady, with new listings entering the market each month. The city's strategic efforts to promote local development and enhance community amenities further bolster real estate interest. In addition, the ongoing growth of remote working has made small towns like Independence increasingly desirable.
Home Value Estimator For Independence, IA
There are currently 3,615 real estate properties
in Independence, IA,
with a median automated valuation model (AVM) price
of $194,039.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Independence, IA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Independence, IA,
is $238,505.00, with the most expensive house
in Independence, IA, topping out
at $11,370,721.00 and the cheapest home
in Independence, IA,
clocking in at $11,544.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Independence, IA!
Rent Prices
In Independence, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Independence, IA, is on
a rollercoaster ride. The
average rent price in Independence, IA,
is $1,300.00. Indeed, when looking to rent in
Independence, IA, you can expect to pay as little
as $700.00 or as much
as $2,440.00,
with the average rent median estimated to
be $1,280.00. The good news is that finding
an affordable and desirable property to rent in Independence, IA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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