Independence, KS 67301 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Independence, KS—67301

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$112,000

0.8% YoY Growth

Household Income

$54,900

17.4% YoY Growth

Days on Market

12.0% Shorter YoY

Home Price Forecast

1.4%

Median Rent

$750

0.6% YoY Growth

1-Bed Rent

$550

42.6% YoY Growth

2-Bed Rent

$745

6.3% YoY Growth

3-Bed Rent

$1,200

0.0% YoY Growth

Home Price Trends — Independence, KS

As of Dec '25, the median home price in Independence, KS is $112,000, with a year-over-year change of -0.8%. This indicates that home prices in Independence, KS are flat. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$112,000	-0.8%
Single Family	$112,000	0.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Independence, KS

As of July '25, Rentcast reports the average rent in Independence, KS is $845, with a year-over-year rent change of -0.6%. Per bedroom, the median rent as of July '25 in Independence, KS is studios: $1,420, 1-bedrooms: $550, 2-bedrooms: $714, 3-bedrooms: $1,200. The most common rental property sizes in Independence, KS are 2-bedroom and 3-bedroom, accounting for 37.6% and 36.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$750	$845
Studio Rent	$450	$1,420
1 Bed Rent	$550	$550
2 Bed Rent	$745	$714
3 Bed Rent	$1,200	$1,200
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

2.0%

1 Bedroom

22.5%

2 Bedrooms

37.6%

3 Bedrooms

36.2%

4 Bedrooms

0.5%

5+ Bedrooms

1.1%

Property Listings — Independence, KS

As of Dec '25, Realtor.com reports that the median days on market for a home in Independence, KS is 50. This is a increase of 19.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 7.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$171,000	4.0%
Listing Count	57	-14.0%
Listings as % of Homes	0.8%	-14.0%
Days on Market	64	-12.0%

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Demographics — Independence, KS

As of the latest ACS Survey released in 2023, Independence, KS has a population of 13,000, which has increased by 3.5% over the past 5 years. Independence, KS is a moderately popular place for families, as children make up 24.8% of the population. The area has a moderately educated workforce, with 25.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	13,000	3.5%
% Under 18	24.8%	-1.2%
% Seniors	20.2%	7.4%
% WFH	3.9%	129.4%
% w/ College Degree	25.7%	20.7%

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As of the latest ACS Survey released in 2023, Independence, KS is a predominantly white area, with 80.5% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Independence, KS is hispanic, making up 6.2% of the population. Foreign-born residents account for 2.0% of the population in Independence, KS, and this percentage has decreased by 28.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	80.5%	-3.5%
% Black	2.6%	-49.0%
% Hispanic	6.2%	17.0%
% Asian	0.5%	-72.2%
% Foreign Born	2.0%	-28.6%

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Mortgage and Risk — Independence, KS

According to HUD data as of 2023, there were 201 mortgage originations in Independence, KS, of which 57.0% of loans were conventional mortgages. The average loan-to-value was 83.0%, with 51.0% above 90% LTV (very high). This implies large mortgage risk in Independence, KS. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	201
% Conventional Loans	57.0%
% Government Loans	43.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Independence, KS

Independence, KS lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	225
Total Units Section 8	225
% Rentals under Section 8	N/A
% Occupied Section 8	75.5%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$150	$550	$700
2 Bedroom	$175	$745	$920
3 Bedroom	-$30	$1,200	$1,170
4 Bedroom	N/A	N/A	$1,330

Independence, KS—67301

Key Metrics at a Glance

Home Price Trends — Independence, KS

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Independence, KS

% of Rental Stock

Property Listings — Independence, KS

Demographics — Independence, KS

Race and Ethnicity

Mortgage and Risk — Independence, KS

Mortgages

Rentals and Section 8 — Independence, KS

Section 8 Market Size

Section 8 Opportunity

Affordability — Independence, KS

Home Price to Income Ratio

Independence, KS — ZIP Code Boundary Map

Nearby ZIP Codes

Dearing

Tyro

Liberty, KS

Caney, KS

Neodesha, KS

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	1.9
Median Home Price	$112,000
Median Household Income	$54,900

Independence, KS—67301

Key Metrics at a Glance

Home Price Trends — Independence, KS

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Independence, KS

% of Rental Stock

Property Listings — Independence, KS

Demographics — Independence, KS

Race and Ethnicity

Mortgage and Risk — Independence, KS

Mortgages

Rentals and Section 8 — Independence, KS

Section 8 Market Size

Section 8 Opportunity

Affordability — Independence, KS

Home Price to Income Ratio

Independence, KS — ZIP Code Boundary Map

Nearby ZIP Codes

Dearing

Tyro

Liberty, KS

Caney, KS

Neodesha, KS

Frequently Asked Questions

What is the average home price in Independence, KS 67301?

How have home prices in Independence, KS 67301 changed over the past year?

What is the home price projection for Independence, KS 67301?

What are the demographics of Independence, KS 67301?

How long does it take homes to sell in Independence, KS 67301?

What is the average rent price in Independence, KS 67301?