Housing · Independence
Independence, VA housing market
The typical Independence home is worth about $229,000, up 5.6% in a year, 45% below the Virginia typical home.
Home values, sales, trends and how Independence compares with the towns next door — updated as new data is published.
The market right now
Independence at a glance
Typical home value
$229K
▲ 5.6% in a year · Zillow
Ten-year trend
Typical home value, 2016–2026
IndependenceVirginia
Show as a table
| January | Independence | Virginia |
|---|---|---|
| 2017 | $119,000 | $253,000 |
| 2018 | $124,000 | $263,000 |
| 2019 | $124,000 | $271,000 |
| 2020 | $130,000 | $284,000 |
| 2021 | $145,000 | $311,000 |
| 2022 | $174,000 | $345,000 |
| 2023 | $183,000 | $367,000 |
| 2024 | $196,000 | $386,000 |
| 2025 | $210,000 | $405,000 |
| 2026 | $221,000 | $411,000 |
| August 2026 | $229,000 | $415,000 |
Affordability
5.8 years of income
The typical Independence home costs about 5.8 years of the town's median household income, more than across Virginia (4.5 years).
Home value ÷ ACS median household income.
The homes
Owners, rent & taxes
Homeownership
66.1%
Virginia: 67.3%
Median tax bill
$675
Virginia: $2,790
Median rent
$668
Virginia: $1,579
Typical home built
1967
Virginia: 1984
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. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.