Is Independence, WI 54747 a buyer’s or seller’s market?
Independence is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Independence housing market right now
In the three months ending August 31, 2026, 25% of homes in Independence, WI 54747 sold above their list price, the typical home went under contract in 47 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (166 days then) and the median sale price fell 32% to $170,323. Overall, Independence is more competitive than a year ago, so tougher for buyers.
Within Trempealeau County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in 87%.
Nearby, buyers who want less competition could look at Arcadia 54612 (17% sold over asking), while Galesville 54630 (60% sold over asking) and Osseo 54758 (43% sold over asking) are even more competitive.
Run the numbers for 54747
Nearby markets
Arcadia 54612Balanced $156 /sq ftBlair 54616Balanced $146 /sq ftEttrick 54627Seller’s market $93 /sq ftGalesville 54630Seller’s market $153 /sq ft Browse all markets →Towns like Independence nearby
Find towns like Independence in other states →Where Independence is
Loading map…
Questions about Independence real estate
Is Independence a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Independence, WI 54747 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Independence?
The typical home went under contract in 47 days in the latest three months.
Do homes in Independence sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 97.4% of the list price.
What are property taxes in Independence?
About 1.56% of a home’s value a year in Trempealeau County, or roughly $6,240 on a $400,000 home.
What is the median home price in Independence?
The median sale price was $170,323 in the three months ending August 31, 2026, about $99 per square foot.
Local agents
See all agents in 54747 →No sponsored agents in 54747 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 54747
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology