Market Overview
Home Prices in Independence, KS
The median home value in Independence, KS is $122,763 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.5% compared to a year ago and down 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Independence are priced70% below average. Independence is part of the Coffeyville, KS metro area.
Over the past five years, Independence home values have risen by approximately31.8%, reflecting strong long-term appreciation in this market.
Price History
Independence Home Price Trend
City Comparison
Independence vs. National Median
At $122,763, homes in Independence cost 70% below the national median of $410,000. This makes Independence a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Independence?
20% Down Payment
$24,553
on $122,763
Monthly P&I
$640/mo
30-yr @ 6.8%
Total Monthly Est.
~$813/mo
incl. taxes & insurance
Income Needed
$32,520
gross annual (30% rule)
10% Down Option
$12,276
+ PMI applies
Loan Amount (20% dn)
$98,210
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Independence, KS?
The median home value in Independence is $122,763 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.5% year-over-year.
How much have home prices changed in Independence?
Over the past year, home values in Independence have increased by 7.5%. Over five years, prices have risen approximately 31.8%.
How much do I need to earn to buy a home in Independence?
To comfortably afford the median home price of $122,763 with a 20% down payment ($24,553) at today's rates (6.8%), you'd need a gross annual income of approximately $32,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Independence compare to the national average home price?
The national median home value is approximately $410,000. At $122,763, homes in Independence are 70% below the national average.
What metro area is Independence part of?
Independence is part of the Coffeyville, KS metropolitan area. Home prices and market conditions can vary across the broader metro region.