Housing in Independence, KY
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$277,200
Median List Price
$342,500
Price Per Sq Ft
$187
Days on Market
38
Active Inventory
34
Months of Supply
1.7
Seller's market
Zillow Home Value
$315,664
ZHVI — January 2026
Zillow Rent Index
$2,039
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
30.0%
Off Market in 2 Weeks
36.0%
Sale-to-List Ratio
99.1%
Buyer's market
Market Activity
Source: RedfinHomes Sold
20
New Listings
20
Pending Sales
25
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$187
Median List $/SF
$183
Independence vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Independence is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$240,500
Median Rent
$1,204
Total Housing Units
10,339
Vacancy Rate
2.2%
Owner Occupied
82.4%
Renter Occupied
17.6%
Median Property Tax
$2,457
per year
Monthly Cost (w/ Mortgage)
$1,464
Housing Types
The current median sale price in Independence, KY is $277,200 according to Redfin data. Homes spend a median of 38 days on the market. 30.0% of homes sold above asking price. The market has 1.7 months of supply. The median price per square foot is $187. Zillow's observed rent index is $2,039/month. About 82.4% of housing units are owner-occupied. The median year homes were built is 1999. There are 10,339 total housing units.