In June 2018, there were 14 homes sold, with a median sale price of $224,750 - a 18.3% decrease over the $275,000 median sale price for the same period of the previous year. There were five homes sold in Independence in June 2017.
The median sales tax in Independence for the most recent year with available data, 2016, was $4,557, approximately 2% of the median home sale price for June 2018.
The following table compares Independence to other Cuyahoga County cities with similar median sales prices in June 2018:
| City | June 2018 Home Sales | June 2017 Home Sales | % change (Total Home Sales) | June 2018 Median Sales Price | June 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Glenwillow | 2 | 0 | - | $315,000 | $0 | - |
| Bratenahl | 9 | 6 | 50% | $300,000 | $133,000 | 125.6% |
| Beachwood | 26 | 17 | 52.9% | $293,750 | $309,150 | -5% |
| Westlake | 58 | 40 | 45% | $250,000 | $233,750 | 7% |
| Bay Village | 45 | 27 | 66.7% | $248,500 | $240,000 | 3.5% |
| Independence | 14 | 5 | 180% | $224,750 | $275,000 | -18.3% |
| Rocky River | 32 | 35 | -8.6% | $216,000 | $253,000 | -14.6% |
| Valley View | 2 | 2 | 0% | $214,500 | $162,500 | 32% |
| Broadview Heights | 31 | 27 | 14.8% | $214,000 | $243,000 | -11.9% |
| Highland Heights | 10 | 15 | -33.3% | $210,000 | $249,000 | -15.7% |
| Strongsville | 79 | 67 | 17.9% | $209,500 | $190,000 | 10.3% |
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