Independence, KS—67301
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Independence, KS
As of Oct '25, the median home price in Independence, KS is $109,000, with a year-over-year change of -1.3%. This indicates that home prices in Independence, KS are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $109,000 | -1.3% |
| Single Family | $109,000 | -0.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $51,000 | -5.6% |
3 Bed | $134,000 | 0.8% |
4 Bed | $188,000 | 2.2% |
| 5 Bed | $202,000 | 0.0% |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Independence, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in Independence, KS is 85. This is a increase of 51.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $170,000 | 3.0% |
Listing Count | 61 | -21.0% |
| Listings as % of Homes | 0.8% | -21.0% |
Days on Market | 85 | 51.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Independence, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $109,000 |
| Median Household Income | $54,900 |