Independence, Missouri Real Estate

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Independence Real Estate Information in Missouri

Also called the "Queen City of the Trails," the rather sizable city of Independence, Missouri is located in the Kansas City metro area in Jackson County. It is less than 10 miles from Kansas City, Missouri, and is a six-hour drive from Dallas. As the birthplace of Ginger Rogers and Margaret Truman, Independence also serves as the county seat and spans over 78 square miles with a resident population of about 110,000. Average temperatures within the city range from the high 80s in the summertime to the high 20s in the winter.

Local commuter access and travel is facilitated by adjacent Highway 24. Kansas City International Airport is located about 25 miles away, making air travel accommodations rather convenient. Industries within the area that provide employment opportunities include educational, health and social services, manufacturing and retail trade. Independence residents with children from grades K-12 will find the proper educational amenities through the Independence Unified School District. Those in pursuit of a degree in higher learning have four local college and university campuses to choose from with over seven additional campuses just outside the region.

Recreational activities in Independence, Missouri can be sought out in the form of over 40 neighborhood parks and three golf courses. Historic sites and museums are also plentiful, such as the Harry S. Truman National Historic Site, Jail Museum, Bingham-Waggoner Estate and National Frontier Trails Museum. The Independence Symphony also resides here, and annual festivals like the Santa-Cali Gon Days, which is usually held in September, keep residents busy and entertained.

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Independence, MO Real Estate Market Price Range of Independence Houses for Sale

The real estate market in Independence, MO consists of primarily single-family detached homes with some opportunities to purchase condominium or townhouse properties. A standard single-family home equipped with three-bedrooms and two-baths can be acquired starting at $100,000. A slightly larger four-bedroom home with three-baths can be purchased in the high $100,000s. Larger estate properties boasting 5-bedrooms or more can be found listed from about $300,000 and reach well over $800,000.

A typical townhouse or condominium in Independence equipped with two-bedrooms and two-baths can be bought for about $105,000. For slightly larger three-bedroom and three-baths, they are just under $125,000. There are very scarce opportunities to purchase empty lots of land for those who wish to implement custom designs and build their dream homes. An acre of residential land can be purchased for well over $115,000.

Independence Real Estate Stats and Trends for the week of November 23rd, 2015: homes priced around $80,971 compared to $80,353 the previous week, for a slight increase of less than +1%.  For Monday, November 23rd, the current national mortgage rate for a 30 year fixed mortgage is 3.92%; the 15 year fixed rate is at 2.98%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.24%, while the 15 year jumbo rate currently is at 4.01%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Independence MO. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Independence to help you find the best home!

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