Independence, OH

Population: 7,070
Average annual home appreciation rate: 4.85%
Total of homes for sale in this market:
Median home price: $201,503
Median Rent: $546 per room
Home price range: 42.53% of homes are between$186,001 – $279,000
Median sales price:
Number of homes:
Median foreclosure sales price:
Foreclosure discount:
Most common home type: 98.84% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 4.29%
Number of renters: 5.82%
Number of owner occupied: 94.19%
Number people living below poverty level: 3.49%
Unemployment rate: 7.40%
Is this area perfect for real estate deals going on right now? This market is showing the trends of a comeback. The home appreciation rate is climbing, and rents are high. There could be some great opportunity for the savvy cash investors in the Independence market.

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