24348 Home Values & Market Trends

There are 48 homes currently listed for 24348. 24348 real estate market trends show that home prices range from $122,500 to $390,000, and the median sales price in the 24348 zip code is $218,543. The total number of properties sold within the past twelve months is 82. In 24348, 5 properties are in foreclosure, 3 are bank owned properties,and 2 are headed for auction.

24348 Real Estate Market Overview

CityMedian Est. Value
Independence

$ 218,543

$ 148/sqft

Housing Market Summary for 24348

Sep 2025September 2026Change
Median Listing Price$229K$140K-38.86%
Median Sold Price$189.9K$170.7K-10.12%
Homes For Sale4646-
Homes Sold4237-11.90%
Price
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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%.

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Browse Homes in 24348

The median list price of a home in Independence, is $218,543. A total of 48 properties are for sale, and the percentage of properties for sale in the zip code is 48.00%. The total count of 24348 properties is 93.

Foreclosure
There is 1 cities within 24348; within this cities, the median estimated home value for homes in foreclosure ranges from $412,189 in independence to the lowest value of $94,067 in independence. Foreclosure homes account for 5.00% of properties in 24348 with independence containing 5 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 24348 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 24348; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 24348 ranges from the highest value of $131,827 in independence to the lowest value of $105,657 in independence. Bank owned homes and properties account for 3.23% of properties in 24348. There is 1 cities within 24348; independence containing 3 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    independence has 2 auction properties, the highest number of properties going to auction in a single city in the state of 24348. Auction homes and other auction properties account for 2.15% of all properties in 24348. There is 1 cities within 24348; of that cities, the median estimated home value for homes going to auction ranges from $412,189 in independence to the lowest value of $94,067 in independence.
Homes for Sale
Homes and properties that are actively listed for sale account for 51.61% of residential properties in 24348 with independence containing 48 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 24348; homes for sale in that cities, have a range of median values from $599,900 in independence to the lowest value of $38,299 in independence.
    Sold Homes
    The median value for recently sold homes ranges from $1,054,779 in independence to the lowest price of $16,285 in independence. There is 1 cities within 24348. independence has 35 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 37.63% of properties in 24348.

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      Guide for 24348

      gavel for real estate auction
      Home Buying Guides & Tips
      Virginia Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      gavel for real estate auction
      Virginia Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2015

      Virginia Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.