In October 2021, there were three homes sold, with a median sale price of $185,000 - a 35.1% decrease over the $285,000 median sale price for the same period of the previous year. There were three homes sold in Independence in October 2020, as well.
The median sales tax in Independence for the most recent year with available data, 2019, was $4,487, approximately 2.4% of the median home sale price for October 2021.
The following table compares Independence to other Cuyahoga County cities with similar median sale prices in October 2021:
| City | Oct. 2021 Home Sales | Oct. 2020 Home Sales | % change (Total Home Sales) | Oct. 2021 Median Sales Price | Oct. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Middleburg Heights | 18 | 18 | 0% | $230,000 | $207,500 | 10.8% |
| Shaker Heights | 46 | 38 | 21.1% | $225,000 | $197,000 | 14.2% |
| Olmsted Falls | 18 | 11 | 63.6% | $206,500 | $174,000 | 18.7% |
| University Heights | 31 | 10 | 210% | $201,350 | $169,500 | 18.8% |
| Richmond Heights | 12 | 6 | 100% | $189,250 | $165,000 | 14.7% |
| Independence | 3 | 3 | 0% | $185,000 | $285,000 | -35.1% |
| Berea | 21 | 20 | 5% | $185,000 | $152,500 | 21.3% |
| North Olmsted | 35 | 36 | -2.8% | $175,600 | $152,050 | 15.5% |
| Lyndhurst | 26 | 28 | -7.1% | $173,450 | $166,500 | 4.2% |
| Brooklyn Heights | 1 | 0 | - | $171,000 | $0 | - |
| Walton Hills | 1 | 0 | - | $170,000 | $0 | - |
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