Why you'd want to live in Independence

The City of Independence is the third largest urban area in Polk County, Oregon. Located twelve miles southwest of Salem, on the west bank of the Willamette River, it was known as the “Hop Capital of the World” from the late 1890’s to the 1940’s. via City of Independence

Independence Market Report

$739,666

AVERAGE PRICE OF 51 HOMES

$3,322,499

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$526,499

AVERAGE PRICE OF 19 NEWLY BUILT HOMES

$709,000

AVERAGE PRICE OF 1 HOMES WITH A POOL

$567,500

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price	$739,666
Avg Bedrooms	3.07 beds
Avg Bathrooms	2.4 baths

Average Price by Bedrooms

2 bedrooms	$279,500
3 bedrooms	$774,690
4 bedrooms	$640,771

Independence Home Price Trends

	2/2023	1/2023	12/2022	11/2022	10/2022
Total Listings	49	39	41	49	55
Average Price	$702,319	$639,630	$592,776	$567,389	$669,170
Avg Price Change	+9.80%	+7.90%	+4.47%	-17.94%	+1.15%
Median Price	$504,918	$532,596	$500,869	$482,084	$514,485
Med Price Change	-5.48%	+6.33%	+3.90%	-6.72%	+1.19%
Avg Bedrooms	2.85 beds	2.99 beds	2.79 beds	2.69 beds	2.54 beds
Avg Bathrooms	2.06 baths	2.24 baths	2.14 baths	2.07 baths	1.92 baths

Home Price by High School

School Name	Total Homes	Average Price	Avg Days on Site
Central	46	$674,890	83 days

Home Price by House Size

	Total Homes	Average Price	Avg Days on Site
All Homes	51	$739,666	80 days
Multi-Million Dollar Homes	4	$3,322,499	154 days
Newly Built Homes	19	$526,499	87 days
Homes with a Pool	1	$709,000	11 days
Reduced Price Homes	1	$567,500	142 days

Independence

Why you'd want to live in Independence

Independence Market Report

$739,666

$3,322,499

$526,499

$709,000

$567,500

Average Home

Average Price by Bedrooms

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