In March 2021, there were five homes sold, with a median sale price of $280,000 - a 20.2% decrease over the $351,000 median sale price for the same period of the previous year. There were five homes sold in Independence in March 2020, as well.
The median sales tax in Independence for the most recent year with available data, 2019, was $4,487, approximately 1.6% of the median home sale price for March 2021.
The following table compares Independence to other Cuyahoga County cities with similar median sale prices in March 2021:
| City | Mar. 2021 Home Sales | Mar. 2020 Home Sales | % change (Total Home Sales) | Mar. 2021 Median Sales Price | Mar. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Solon | 28 | 18 | 55.6% | $345,000 | $305,000 | 13.1% |
| Gates Mills | 3 | 1 | 200% | $340,000 | $800,000 | -57.5% |
| Brecksville | 22 | 18 | 22.2% | $328,750 | $291,500 | 12.8% |
| Beachwood | 11 | 11 | 0% | $308,000 | $350,000 | -12% |
| Highland Heights | 18 | 7 | 157.1% | $302,500 | $277,400 | 9% |
| Independence | 5 | 5 | 0% | $280,000 | $351,000 | -20.2% |
| Mayfield | 6 | 5 | 20% | $280,000 | $178,000 | 57.3% |
| Bay Village | 17 | 21 | -19% | $255,000 | $295,000 | -13.6% |
| Strongsville | 50 | 43 | 16.3% | $234,500 | $222,500 | 5.4% |
| Oakwood | 3 | 2 | 50% | $229,000 | $34,250 | 568.6% |
| Walton Hills | 1 | 2 | -50% | $225,000 | $207,500 | 8.4% |
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