In January 2017, there were eight homes sold, with a median sale price of $172,950 - a 34.1% decrease over the $262,500 median sale price for the same period of the previous year. There were two homes sold in Independence in January 2016.
The median sales tax in Independence for the most recent year with available data, 2016, was $4,557, approximately 2.6% of the median home sale price for January 2017.
The following table compares Independence to other Cuyahoga County cities with similar median sales prices in January 2017:
| City | Jan. 2017 Home Sales | Jan. 2016 Home Sales | % change (Total Home Sales) | Jan. 2017 Median Sales Price | Jan. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Rocky River | 23 | 20 | 15% | $200,000 | $201,950 | -1% |
| Glenwillow | 1 | 1 | 0% | $200,000 | $265,000 | -24.5% |
| Broadview Heights | 10 | 9 | 11.1% | $197,500 | $34,420 | 473.8% |
| Bay Village | 23 | 5 | 360% | $188,000 | $140,500 | 33.8% |
| Highland Heights | 4 | 1 | 300% | $173,250 | $295,000 | -41.3% |
| Independence | 8 | 2 | 300% | $172,950 | $262,500 | -34.1% |
| Middleburg Heights | 8 | 12 | -33.3% | $162,450 | $121,000 | 34.3% |
| Seven Hills | 20 | 6 | 233.3% | $160,400 | $127,450 | 25.9% |
| Lakewood | 43 | 36 | 19.4% | $157,000 | $100,250 | 56.6% |
| Strongsville | 44 | 34 | 29.4% | $156,950 | $152,250 | 3.1% |
| Olmsted Township | 11 | 3 | 266.7% | $150,000 | $160,000 | -6.3% |
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