In November 2020, there were 11 homes sold, with a median sale price of $225,000 - a 5.1% increase over the $214,000 median sale price for the same period of the previous year. There were 11 homes sold in Independence in November 2019, as well.
The median sales tax in Independence for the most recent year with available data, 2019, was $4,487, approximately 2% of the median home sale price for November 2020.
The following table compares Independence to other Cuyahoga County cities with similar median sales prices in November 2020:
| City | Nov. 2020 Home Sales | Nov. 2019 Home Sales | % change (Total Home Sales) | Nov. 2020 Median Sales Price | Nov. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Strongsville | 68 | 36 | 88.9% | $245,000 | $205,000 | 19.5% |
| Olmsted Township | 18 | 6 | 200% | $239,500 | $146,500 | 63.5% |
| Westlake | 43 | 25 | 72% | $238,000 | $210,000 | 13.3% |
| Shaker Heights | 36 | 32 | 12.5% | $228,750 | $128,000 | 78.7% |
| Lakewood | 72 | 45 | 60% | $226,250 | $183,500 | 23.3% |
| Independence | 11 | 11 | 0% | $225,000 | $214,000 | 5.1% |
| Walton Hills | 2 | 3 | -33.3% | $222,500 | $145,000 | 53.4% |
| North Royalton | 40 | 16 | 150% | $221,500 | $163,500 | 35.5% |
| Seven Hills | 21 | 9 | 133.3% | $220,000 | $203,000 | 8.4% |
| Highland Heights | 12 | 6 | 100% | $210,950 | $321,250 | -34.3% |
| Fairview Park | 25 | 12 | 108.3% | $210,000 | $196,200 | 7% |
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