Independence, Missouri Real Estate
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Independence, MO Real Estate Market – Price Range of Independence Houses for SaleThe 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 May 14th, 2012: homes priced around $85,140 compared to $86,088 the previous week, showing a decrease of less than -1%. For Saturday, May 19th, the current national mortgage rate for a 30 year fixed mortgage is 3.73%; the 15 year fixed rate is at 3.03%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.39%, while the 15 year jumbo rate currently is at 3.60%. 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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