In December 2017, there were seven homes sold, with a median sale price of $166,000 - a 12.6% decrease over the $189,900 median sale price for the same period of the previous year. There were nine homes sold in Independence in December 2016.
The median sales tax in Independence for the most recent year with available data, 2016, was $4,557, approximately 2.7% of the median home sale price for December 2017.
The following table compares Independence to other Cuyahoga County cities with similar median sales prices in December 2017:
| City | Dec. 2017 Home Sales | Dec. 2016 Home Sales | % change (Total Home Sales) | Dec. 2017 Median Sales Price | Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Valley View | 3 | 0 | - | $197,000 | $0 | - |
| Olmsted Township | 8 | 9 | -11.1% | $191,500 | $135,000 | 41.9% |
| Strongsville | 43 | 58 | -25.9% | $185,000 | $165,000 | 12.1% |
| Shaker Heights | 49 | 30 | 63.3% | $175,000 | $162,500 | 7.7% |
| North Royalton | 39 | 24 | 62.5% | $168,000 | $94,615 | 77.6% |
| Independence | 7 | 9 | -22.2% | $166,000 | $189,900 | -12.6% |
| Seven Hills | 16 | 18 | -11.1% | $156,950 | $152,000 | 3.3% |
| Fairview Park | 23 | 30 | -23.3% | $151,800 | $128,500 | 18.1% |
| Middleburg Heights | 19 | 14 | 35.7% | $149,500 | $137,250 | 8.9% |
| Lakewood | 76 | 87 | -12.6% | $139,950 | $143,200 | -2.3% |
| Lyndhurst | 27 | 17 | 58.8% | $135,000 | $140,000 | -3.6% |
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