Zip 64050 (Independence, MO) Housing


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The housing market in Independence, MO (zip code 64050) is doing remarkably well. The median value of a home in the area is $151,700, which is significantly lower than the US median value of $338,100. Over the past year, homes in Independence have appreciated at a rate of 13.07%, nearly double the national average appreciation rate of 8.27%. This indicates that the housing market in this part of Missouri is robust and attractive to potential buyers and investors alike.

The median home cost in Independence (zip 64050) is $151,700. Home appreciation the last 10 years has been 100.6%. Home Appreciation in Independence (zip 64050) is up 16.3%.

Average Age of Homes
- The median age of Independence (zip 64050) real estate is 59 years old
The Rental Market in Independence (zip 64050)
- Renters make up 37.8% of the Independence (zip 64050) population
- 0.0% of houses and apartments in Independence (zip 64050), 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingIndependence, MissouriUnited States
  10,587.0139,647,020.0
  6442
  $151,700$338,100
  16.3%16.6%
  62.9%57.0%
  100.6%101.1%
  $11.79$10.98
  $1,307$2,690
  42.6%57.4%
  10.8%11.2%
  46.7%31.4%
  Vacant Housing
  0.0%1.9%
  1.0%0.4%
  0.6%0.7%
  0.4%0.4%
  0.1%3.6%
  8.7%4.1%
  Value of Owner-Occupied Housing
  1.8%2.6%
  2.2%2.4%
  2.9%2.8%
  14.8%3.9%
  19.5%4.5%
  34.4%11.3%
  11.8%13.0%
  8.7%20.1%
  1.6%13.6%
  0.5%8.3%
  0.7%9.7%
  0.3%3.9%
  0.9%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  3.0%13.6%
  3.0%13.6%
  2.8%13.6%
  3.0%13.2%
  19.2%14.8%
  2.8%13.6%
  19.8%10.0%
  9.8%4.7%
  25.6%12.2%
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