Independence, LA Home Values & Market Trends
Real estate market trends reflect that there have been 57 transactions over the past year in Independence. The median value for residential home transactions that occurred over the previous year is $154,887.78. The number of current listings in Independence is 6, and the percentage of properties for sale in the city is 6.00%. Independence, LA currently has 23 properties in foreclosure, 0 bank owned properties, 6 properties headed for auction, and 6 properties for sale.
Independence, LA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 70443 | $ 197,441 $ 114/sqft |
Housing Market Summary for Independence, LA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $190K | $147.1K | -22.58% |
| Median Sold Price | $190K | $147.1K | -22.58% |
| Homes For Sale | 7 | 6 | -14.29% |
| Homes Sold | 17 | 22 | 29.41% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Independence, LA
Browse Homes in Independence, LA
Independence home values range from $17,760 to $1,768,473. The median estimated value of a home in Independence is $154,887.78. The median list price of a home is 294,950, and the total count of properties in the city is 3,054.
- Pre-ForeclosurePre-foreclosure homes account for 0.56% of all residential properties in Independence, LA with 70443 containing 17 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Independence, LA; of that zips, the estimated home value for pre-foreclosure homes ranges from $514,354 in 70443 to the lowest home value of $59,900 in 70443.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Independence, LA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Independence, LA. There is 1 zips within Independence, LA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions70443 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Independence, LA. Auction homes and other auction properties account for 0.20% of all properties in Independence, LA. There is 1 zips within Independence, LA; of that zips, the median estimated home value for homes going to auction ranges from $200,000 in 70443 to the lowest value of $103,127 in 70443.
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