In December 2021, there were four homes sold, with a median sale price of $245,000 - a 10.9% decrease over the $275,000 median sale price for the same period of the previous year. There were five homes sold in Independence in December 2020.
The median sales tax in Independence for the most recent year with available data, 2019, was $4,487, approximately 1.8% of the median home sale price for December 2021.
The following table compares Independence to other Cuyahoga County cities with similar median sale prices in December 2021:
| City | Dec. 2021 Home Sales | Dec. 2020 Home Sales | % change (Total Home Sales) | Dec. 2021 Median Sales Price | Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Broadview Heights | 7 | 28 | -75% | $260,000 | $209,250 | 24.3% |
| Shaker Heights | 17 | 44 | -61.4% | $255,000 | $235,000 | 8.5% |
| North Royalton | 12 | 29 | -58.6% | $252,400 | $260,000 | -2.9% |
| Brooklyn Heights | 1 | 1 | 0% | $250,000 | $153,000 | 63.4% |
| Seven Hills | 3 | 16 | -81.3% | $248,000 | $229,500 | 8.1% |
| Independence | 4 | 5 | -20% | $245,000 | $275,000 | -10.9% |
| Beachwood | 4 | 18 | -77.8% | $241,750 | $294,800 | -18% |
| Olmsted Township | 10 | 13 | -23.1% | $237,000 | $197,000 | 20.3% |
| Lakewood | 44 | 87 | -49.4% | $233,750 | $240,000 | -2.6% |
| University Heights | 11 | 17 | -35.3% | $220,000 | $167,650 | 31.2% |
| North Olmsted | 17 | 41 | -58.5% | $220,000 | $172,000 | 27.9% |
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