The housing market in Independence, UT is quite impressive with a median value of around $621,200. This is significantly higher than the US House Median Value of $338,100, demonstrating the strong real estate market in Independence. Additionally, the 1 year house appreciation rate in Independence is 8.44%, slightly higher than the US average of 8.27%. With such strong growth and increasing values, it's clear why many people are looking to purchase property in Independence.
The median home cost in Independence is $621,200. Home appreciation the last 10 years has been 157.2%. Home Appreciation in Independence is up 16.3%.
Average Age of Homes
- The median age of Independence real estate is 17 years old
The Rental Market in Independence
- Renters make up 5.3% 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.