Independence, OH Foreclosures
How much do homes sell for in Independence, OH?
The average home price is currently $574,410.
In Independence, OH, how many homes are available?
There are currently 394 active home listings available in Independence.
What’s the average rental cost in Independence, OH?
The average rental price in Independence is $1,728.
What is the most expensive home in Independence?
The most expensive home sold in Independence had a price of $79,051,944.
What is currently the cheapest priced home in Independence, OH?
The cheapest home for sale in Independence is priced at $21,982.
Living in Independence, OH
Independence, Ohio, is a charming suburb located just southeast of Cleveland. Known for its vibrant community, excellent schools, and abundance of parks, it offers a peaceful environment while still providing easy access to urban amenities. Residents enjoy a variety of recreational activities and community events throughout the year.
Current Market Conditions in Independence, OH
The real estate market in Independence, OH, is currently competitive, with a steady demand for homes due to its desirable location and community amenities. Many buyers are attracted to the suburban lifestyle that offers both tranquility and easy access to Cleveland's urban environment.
Over the past year, the market has seen an increase in home values, largely driven by low inventory and high buyer interest. As a result, homes are selling faster, often above asking price, indicating a strong sellers' market.
Home Value Estimator For Independence, OH
There are currently 3,090 real estate properties
in Independence, OH,
with a median automated valuation model (AVM) price
of $347,791.00. 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, OH, 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, OH,
is $574,410.00, with the most expensive house
in Independence, OH, topping out
at $79,051,944.00 and the cheapest home
in Independence, OH,
clocking in at $21,982.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Independence, OH!
Rent Prices
In Independence, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Independence, OH, is on
a rollercoaster ride. The
average rent price in Independence, OH,
is $1,728.00. Indeed, when looking to rent in
Independence, OH, you can expect to pay as little
as $1,000.00 or as much
as $2,920.00,
with the average rent median estimated to
be $1,640.00. The good news is that finding
an affordable and desirable property to rent in Independence, OH
-- 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
