How much does it cost to buy a house in Independence, VA?

In July 2026 Independence homes were listed to buy for a median price of $244K, which is a 23% decrease to June 2025 last month, and a 22% decrease to July 2025 last year. The median value of a home listed to buy in Independence in July 2026 was $162 per sqft, which is a 15% decrease to June 2025 last month, and a 15% decrease to July 2025 last year.

Is it affordable or expensive to live in Independence, VA?

It is affordable to live in Independence. Buying a home in Independence is 1% less expensive compared with the national average.

Is it a good time to buy property in Independence, VA?

Yes now is a good time to buy property in Independence, in July 2026, homes in Independence have decreased in value (price per sqft) by 15% in the last year compared with July 2025.

Is the Independence, VA housing market slowing down?

The housing market in Independence is slowing down. In July 2026, homes to buy in Independence spent an median 56 days on the market, a 48% decrease from July 2025 last year.

How much money should I make to buy a house in Independence, VA?

In July 2026, Independence homes were listed to buy for a median price of $244K, with 25% down you would need $1.34K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $46.2K.

Is it a good time to sell my house in Independence, VA?

Yes now is a good time to sell your house in Independence, in July 2026, homes in Independence have decreased in value (price per sqft) by 15% in the last year compared with July 2025.