Housing in Independence, OH
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — December 2025Median Sale Price
$700,000
Median List Price
N/A
Price Per Sq Ft
$215
Days on Market
2
Active Inventory
4
Months of Supply
1.3
Seller's market
Zillow Home Value
$343,097
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
66.7%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
98.3%
Buyer's market
Market Activity
Source: RedfinHomes Sold
3
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$215
Independence vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 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
$305,500
Median Rent
$1,547
Total Housing Units
3,250
Vacancy Rate
3.8%
Owner Occupied
94.8%
Renter Occupied
5.2%
Median Property Tax
$4,792
per year
Monthly Cost (w/ Mortgage)
$1,382
Housing Types
The current median sale price in Independence, OH is $700,000 according to Redfin data. Homes spend a median of 2 days on the market. 66.7% of homes sold above asking price. The market has 1.3 months of supply. The median price per square foot is $215. The median rent is $1,547 per month (Census ACS). About 94.8% of housing units are owner-occupied. The median year homes were built is 1960. There are 3,250 total housing units.