In July 2019, there were 12 homes sold, with a median sale price of $181,000 - a 23% decrease over the $235,000 median sale price for the same period of the previous year. There were 11 homes sold in Independence in July 2018.
The median sales tax in Independence for the most recent year with available data, 2016, was $4,557, approximately 2.5% of the median home sale price for July 2019.
The following table compares Independence to other Cuyahoga County cities with similar median sales prices in July 2019:
| City | July 2019 Home Sales | July 2018 Home Sales | % change (Total Home Sales) | July 2019 Median Sales Price | July 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Westlake | 44 | 45 | -2.2% | $199,900 | $265,550 | -24.7% |
| Shaker Heights | 65 | 59 | 10.2% | $198,000 | $195,000 | 1.5% |
| Valley View | 3 | 3 | 0% | $193,000 | $167,000 | 15.6% |
| Lakewood | 99 | 95 | 4.2% | $189,898 | $167,350 | 13.5% |
| Seven Hills | 29 | 20 | 45% | $183,500 | $177,500 | 3.4% |
| Independence | 12 | 11 | 9.1% | $181,000 | $235,000 | -23% |
| Fairview Park | 22 | 32 | -31.3% | $180,500 | $153,750 | 17.4% |
| North Olmsted | 55 | 46 | 19.6% | $159,900 | $165,250 | -3.2% |
| University Heights | 31 | 40 | -22.5% | $159,500 | $165,000 | -3.3% |
| Berea | 30 | 28 | 7.1% | $159,500 | $134,700 | 18.4% |
| Lyndhurst | 34 | 56 | -39.3% | $156,000 | $131,500 | 18.6% |
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