From July through September of 2019, there were 24 homes sold, with a median sale price of $235,000. There were 31 homes sold in Independence in the third quarter of 2018, and the median sales price for the period was also $235,000.
The median sales tax in Independence for the most recent year with available data, 2016, was $4,557, approximately 1.9% of the median home sale price for the third quarter of 2019.
The following table compares Independence to other Cuyahoga County cities with similar median sales prices in the third quarter of 2019:
| City | July - Sept. 2019 Home Sales | July - Sept. 2018 Home Sales | % change (Total Home Sales) | July - Sept. 2019 Median Sales Price | July - Sept. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Brecksville | 59 | 66 | -10.6% | $260,000 | $244,615 | 6.3% |
| Highland Heights | 40 | 32 | 25% | $245,500 | $313,300 | -21.6% |
| Rocky River | 136 | 130 | 4.6% | $244,000 | $236,500 | 3.2% |
| Broadview Heights | 80 | 103 | -22.3% | $243,750 | $255,000 | -4.4% |
| Bay Village | 94 | 92 | 2.2% | $236,500 | $245,000 | -3.5% |
| Independence | 24 | 31 | -22.6% | $235,000 | $235,000 | 0% |
| Strongsville | 211 | 219 | -3.7% | $224,000 | $207,500 | 8% |
| Olmsted Township | 55 | 46 | 19.6% | $220,000 | $222,500 | -1.1% |
| Westlake | 121 | 153 | -20.9% | $215,000 | $230,000 | -6.5% |
| Walton Hills | 10 | 19 | -47.4% | $197,500 | $193,100 | 2.3% |
| Shaker Heights | 175 | 154 | 13.6% | $195,000 | $183,250 | 6.4% |
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