Housing in Independence, OR
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$425,000
Median List Price
$445,000
Price Per Sq Ft
$283
Days on Market
95
Active Inventory
20
Months of Supply
2.5
Seller's market
Zillow Home Value
$418,233
ZHVI — January 2026
Zillow Rent Index
$1,862
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
37.5%
Off Market in 2 Weeks
11.1%
Sale-to-List Ratio
99.4%
Buyer's market
Market Activity
Source: RedfinHomes Sold
8
New Listings
5
Pending Sales
9
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$283
Median List $/SF
$230
Independence vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 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
$345,200
Median Rent
$1,585
Total Housing Units
3,146
Vacancy Rate
1.5%
Owner Occupied
60.3%
Renter Occupied
39.7%
Median Property Tax
$3,315
per year
Monthly Cost (w/ Mortgage)
$1,623
Housing Types
The current median sale price in Independence, OR is $425,000 according to Redfin data. Homes spend a median of 95 days on the market. 37.5% of homes sold above asking price. The market has 2.5 months of supply. The median price per square foot is $283. Zillow's observed rent index is $1,862/month. About 60.3% of housing units are owner-occupied. The median year homes were built is 1998. There are 3,146 total housing units.