What is the median home value in Independence, MO?

The median value of owner-occupied homes in Independence, MO is $172,900 (±$3,239), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Independence, the median home value went from $114,100 in 2015–2019 to $172,900 in 2020–2024 (+51.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$172,900 (±$3,239)
Owner-occupied homes
31,355 (±1,253)
Most common range
$200,000 to $299,999

Home values in Independence

Owner-occupied homes by value, 2020–2024
ValueIndependenceJackson CountyMissouriUnited States
Less than $50,0004.9% (±0.7 points)5.4%6.8%5.3%
$50,000 to $99,9999.3% (±1.4 points)8.1%9.1%6.1%
$100,000 to $149,99920.9% (±2.0 points)11.6%11.3%6.8%
$150,000 to $199,99924.2% (±2.1 points)15.5%14.4%9.0%
$200,000 to $299,99925.8% (±2.0 points)26.8%24.1%17.8%
$300,000 to $499,99912.9% (±1.1 points)23.4%23.6%26.9%
$500,000 to $999,9991.9% (±0.6 points)8.2%9.1%20.9%
$1,000,000 or more0.1% (±0.1 points)1.1%1.6%7.1%

The most common range is $200,000 to $299,999, 25.8% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Independence against Jackson County, its state and the nation

Estimate (90% margin of error)
IndependenceJackson CountyMissouriUnited States
Median home value$172,900 (±$3,239)$230,500 (±$2,428)$230,300 (±$880)$332,700
Owner-occupied homes31,355 (±1,253)181,443 (±2,484)1,708,413 (±9,125)84,210,142

In Independence, the median home value is lower than in Jackson County ($230,500).

It is also lower than in Missouri ($230,300).

It is lower than the national figure ($332,700).

In Jackson County, Independence ranks 14 of 17 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 363 of 1,128.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Independence have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$114,100 (±$1,861)$172,900 (±$3,239)+51.5%Up after inflation
Median owner cost with a mortgage$1,147 (±$16)$1,387 (±$23)+20.9%No measurable change after inflation
Median real estate taxes$1,513 (±$40)$1,914 (±$40)+26.5%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Independence

Nearest places with a published estimate, compared with Independence
PlaceDistanceMedian home valueCompared with this place
Independence—$172,900 (±$3,239)—
Sugar Creek4.8 mi$136,600 (±$46,456)Not measurably different
Lake Tapawingo4.8 mi$365,100 (±$21,257)Higher
Blue Springs6.8 mi$263,100 (±$8,926)Higher
Blue Summit6.9 mi$33,500 (±$20,343)Lower
Birmingham7.7 mi$134,900 (±$13,350)Lower
Raytown8.6 mi$182,900 (±$6,662)Higher
Grain Valley8.8 mi$283,800 (±$13,055)Higher
Buckner8.9 mi$197,600 (±$44,432)Not measurably different

Nearby places with a measurably lower figure: Blue Summit, MO ($33,500), Birmingham, MO ($134,900).

Nearby places with a measurably higher figure: Lake Tapawingo, MO ($365,100), Blue Springs, MO ($263,100), Raytown, MO ($182,900).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Jackson County, place by place

RankPlaceMedian home value
8Kansas City$242,900 (±$3,332)
9Oak Grove$215,500 (±$18,141)
10Buckner$197,600 (±$44,432)
11Levasy$193,800 (±$135,033)
12Grandview$188,500 (±$16,907)
13Raytown$182,900 (±$6,662)
14Independence$172,900 (±$3,239)
15Sibley$161,400 (±$15,916)
16Sugar Creek$136,600 (±$46,456)
17Blue Summit$33,500 (±$20,343)

Showing 10 of 17 places in Jackson County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Independence

What is the average home value in Independence, MO?

The Census Bureau publishes the median: $172,900 (±$3,239) for owner-occupied homes in Independence (2020–2024 American Community Survey).

Have home values in Independence gone up?

In Independence, the median home value went from $114,100 in 2015–2019 to $172,900 in 2020–2024 (+51.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Independence sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Independence city, Missouri (place:35000, in state:29).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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