Is Independence, WI 54747 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

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.

Months of supply4.8Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list97.4%Sold price ÷ list price
Median days on market47Listing to accepted offer
Median price per sq ft$99▼ −45.5% vs. last year

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.

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 →

Where Independence is

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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.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology