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Preforeclosure Homes in Independence, IA

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Living in Independence, IA

Independence, IA is a charming small town characterized by its strong community spirit and picturesque landscapes. With multiple parks and recreation options, it is perfect for families and outdoor enthusiasts. Its strategic location near major highways allows for convenient travel to nearby urban areas.

Current Market Conditions in Independence, IA

The real estate market in Independence is experiencing steady growth, with a steady demand for homes due to its affordability compared to nearby metropolitan areas. This trend makes it an appealing location for investors looking to capitalize on rising property values.

Home prices have shown resilience in recent years, with an increasing number of buyers seeking to settle in the area. The combination of low interest rates and the appeal of small-town living contribute to the favorable market conditions.

Home Value Estimator For Independence, IA

There are currently 3,398 real estate properties in Independence, IA, with a median automated valuation model (AVM) price of $189,003.00. 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 $226,472.00, with the most expensive house in Independence, IA, topping out at $11,347,833.00 and the cheapest home in Independence, IA, clocking in at $13,454.00. 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 $1,290.00. 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.

Independence, IA Preforeclosure Homes


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