Independence, MN housing market
The typical Independence home is worth about $809,000, up 4.1% in a year, 131% above the Minnesota typical home.
Home values, sales, trends and how Independence compares with the towns next door — updated as new data is published.
Independence at a glance
Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Independence | Minnesota |
|---|---|---|
| 2017 | $471,000 | $217,000 |
| 2018 | $495,000 | $232,000 |
| 2019 | $530,000 | $246,000 |
| 2020 | $534,000 | $259,000 |
| 2021 | $587,000 | $282,000 |
| 2022 | $682,000 | $313,000 |
| 2023 | $726,000 | $325,000 |
| 2024 | $744,000 | $331,000 |
| 2025 | $776,000 | $341,000 |
| 2026 | $796,000 | $349,000 |
| August 2026 | $809,000 | $351,000 |
Independence and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Independence | $809K | +4.1% | — | $186,597 |
| Maple Plain | $379K | +0.8% | — | $93,750 |
| Minnetrista | $685K | +2.7% | 43 | $163,051 |
| Greenfield | $598K | +4.4% | 184 | $153,750 |
| Medina | $841K | +1.4% | 36 | $230,859 |
4.3 years of income
The typical Independence home costs about 4.3 years of the town's median household income, more than across Minnesota (3.9 years).
How Independence ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.