The housing market in Independence, CA is quite healthy. The median value of a house in the area is $298,900, which is slightly lower than the national median value of $338,100. In addition, the one year appreciation rate on housing in Independence is 3.84%, which is significantly lower than the 8.27% appreciation rate nationwide. Despite these differences between the US and Independence markets, it remains a great place to invest in housing and should continue to be a strong market for years to come.
The median home cost in Independence is $298,900. Home appreciation the last 10 years has been 182.0%. Home Appreciation in Independence is up 11.6%.
Average Age of Homes
- The median age of Independence real estate is 56 years old
The Rental Market in Independence
- Renters make up 24.2% of the Independence population
- 0.0% of houses and apartments in Independence, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.