Housing Prices in Independence, KY
How much do homes in Independence, KY cost?
Median List Price
$248,795
$153/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Independence has increased by 6.8% since last year.
Summary: The median home list price in Independence was $248,795 in March 2024, up 6.8% from the previous year, and the median price per square foot was $153.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75K | $75K | 0.0% |
| 2 Bedrooms | $125K | $135K | +8.0% |
| 3 Bedrooms | $214.9K | $225K | +4.7% |
| 4 Bedrooms | $284.9K | $299.9K | +5.3% |
| 5+ Bedrooms | $350K | $364.5K | +4.1% |
Summary: Independence housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 4.1%.
Median List Price Compared To Nearby Cities
| Ft Mitchell | $232.6K | $249.9K | +7.4% |
| Independence | $232.9K | $248.7K | +6.8% |
| Latonia | $149.6K | $155.1K | +3.7% |
| Elsmere | $154.9K | $159.9K | +3.2% |
| Ryland Heights | $189.9K | $195.9K | +3.2% |
Housing Supply in Independence, KY
How many homes are available in Independence, KY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2,696 | 2,717 | +0.8% |
Summary: The Independence real estate market had 2,717 homes for sale in March 2024, a 0.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 143 | 145 | +1.4% |
| 3 Bedrooms | 1,581 | 1,592 | +0.7% |
| 4 Bedrooms | 884 | 894 | +1.1% |
| 5+ Bedrooms | 87 | 85 | -2.3% |
Summary: The Independence housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 2.3%.
Days on Market for Independence, KY
How long does it take to sell a home in Independence, KY?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 921 Days | 1,102 Days | +19.6% |
Summary: Homes in Independence had an average listing age of 1,102 days in Mar 2024, up by 19.6% compared to the previous year.
