Independence Housing Information - Census

IndexIndependenceMinnesotaNational
Median home price$408,100$191,500$184,700
Median rent asked$0$873$949
Avg. people per household2.62.42.6
Owner occupied households96.4%71.4%63.6%
Renter occupied households3.6%28.6%36.4%

Independence Housing Information - Zillow

IndexIndependenceMinnesotaNational
Zillow home value index$468,800$205,200$196,500
Year over year appreciation rate9.02%8.17%6.79%
5 year average appreciation rate6.23%6.58%5.28%
10 year average appreciation rate-0.33%-0.12%0.01%

Did you know?

  • The median home price in Independence is 121% higher than the national average.
  • The median rent asked in Independence is 100% lower than the national average.
  • The average number of people per household in Independence is 2% lower than the national average.
  • The number of owner occupied households in Independence is 52% higher than the national average.
  • The number of renter occupied households in Independence is 90% lower than the national average.

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Compare Independence, MN Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
New Germany, MN404$131,30029%
Maple Lake, MN2,119$140,20024%
Montrose, MN3,046$151,60018%
Waverly, MN1,446$157,70015%
Watertown, MN4,298$166,00010%
Independence, MN3,687$408,100121%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Rochester, IL3,687$173,4006%
Harrisburg, OR3,687$145,20021%
Harrington, DE3,688$166,00010%
Pantops, VA3,688$295,90060%
Village Green, NY3,688$99,90046%
Independence, MN3,687$408,100121%
Source: The Independence, MN housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.