In September 2021, there were three homes sold, with a median sale price of $450,000 - a 46.7% decrease over the $844,950 median sale price for the same period of the previous year. There were two homes sold in Independence in September 2020.
The median sales tax in Independence for the most recent year with available data, 2019, was $5,374, approximately 1.2% of the median home sale price for September 2021.
The following table compares Independence to other Hennepin County cities with similar median sale prices in September 2021:
| City | Sept. 2021 Home Sales | Sept. 2020 Home Sales | % change (Total Home Sales) | Sept. 2021 Median Sales Price | Sept. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Minnetonka Beach | 1 | 0 | - | $550,000 | $0 | - |
| Wayzata | 1 | 5 | -80% | $545,000 | $475,000 | 14.7% |
| Shorewood | 2 | 6 | -66.7% | $540,750 | $480,000 | 12.7% |
| Deephaven | 4 | 6 | -33.3% | $530,250 | $473,000 | 12.1% |
| Eden Prairie | 25 | 52 | -51.9% | $451,500 | $416,250.05 | 8.5% |
| Independence | 3 | 2 | 50% | $450,000 | $844,950 | -46.7% |
| Plymouth | 48 | 61 | -21.3% | $437,500 | $404,000 | 8.3% |
| Rogers | 9 | 14 | -35.7% | $425,000 | $345,450 | 23% |
| St. Anthony | 6 | 4 | 50% | $402,500 | $325,000 | 23.8% |
| Tonka Bay | 1 | 3 | -66.7% | $400,000 | $1,749,000 | -77.1% |
| Maple Grove | 51 | 52 | -1.9% | $380,000 | $343,500 | 10.6% |
Alerts Sign-up