Independence, KY Foreclosures
How much do homes sell for in Independence, KY?
The average home price is currently $331,059.
In Independence, KY, how many homes are available?
There are currently 14 active home listings available in Independence.
What’s the average rental cost in Independence, KY?
The average rental price in Independence is $1,347.
What is the most expensive home in Independence?
The most expensive home sold in Independence had a price of $16,493,605.
What is currently the cheapest priced home in Independence, KY?
The cheapest home for sale in Independence is priced at $12,798.
Living in Independence, KY
Independence, KY is a charming suburban city with a close-knit community and an array of amenities. It offers excellent schools, beautiful parks, and recreational opportunities while being conveniently located near Cincinnati. This area is ideal for families and professionals seeking a vibrant, safe environment.
Current Market Conditions in Independence, KY
The real estate market in Independence, KY, has seen significant activity over the past few months. The demand for housing remains strong, driven by the area's popularity among families and professionals looking for a suburban lifestyle with easy access to urban amenities. Homes are selling quickly, often above asking price, due to the competitive market conditions.
Independence has been experiencing a steady increase in home values over the past year, with many neighborhoods seeing appreciation rates surpassing the national average. The combination of low inventory, high demand, and new developments continuing to emerge has contributed to a thriving real estate market. Buyers should be prepared for a competitive landscape as more people recognize the advantages of living in this desirable suburb.
Home Value Estimator For Independence, KY
There are currently 10,650 real estate properties
in Independence, KY,
with a median automated valuation model (AVM) price
of $320,359.00. 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, KY, 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, KY,
is $331,059.00, with the most expensive house
in Independence, KY, topping out
at $16,493,605.00 and the cheapest home
in Independence, KY,
clocking in at $12,798.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Independence, KY!
Rent Prices
In Independence, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Independence, KY, is on
a rollercoaster ride. The
average rent price in Independence, KY,
is $1,347.00. Indeed, when looking to rent in
Independence, KY, you can expect to pay as little
as $610.00 or as much
as $2,920.00,
with the average rent median estimated to
be $1,340.00. The good news is that finding
an affordable and desirable property to rent in Independence, KY
-- 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.
Learn more on Foreclosure homes
