Is Independence, MO 64056 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Independence is a seller’s market. With about 2.5 months of supply and 40% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score77/ 100

More competitive than 82% of U.S. ZIP codes, and #70 of 263 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.5Under 4 months = seller’s market
Sold above original list39.7%Share of sales, last 3 months
Median sale-to-list100.5%Sold price ÷ list price
Median days on market21Listing to accepted offer
Median price per sq ft$160▲ +4.2% vs. last year

The Independence housing market right now

In the three months ending August 31, 2026, 40% of homes in Independence, MO 64056 sold above their list price, the typical home went under contract in 21 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 65 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 27%, homes sold about as fast and the median sale price rose 2% to $244,894. Overall, Independence is more competitive than a year ago, so tougher for buyers.

Within Jackson County, homes here sell more slowly than in 58% of the county’s ZIP codes, and sell more often over asking than in 77%. On our competition score, Independence ranks #70 of 263 MO ZIP codes with enough sales (score 77 out of 100).

Nearby, buyers who want less competition could look at Kansas City 64136 (0% sold over asking) or Kansas City 64105 (0% sold over asking), while Independence 64053 (60% sold over asking) and Kansas City 64113 (59% sold over asking) are even more competitive.

Nearby markets

Blue Springs 64014Seller’s market $182 /sq ftBlue Springs 64015Seller’s market $160 /sq ftBuckner 64016Seller’s market $163 /sq ftGrain Valley 64029Seller’s market $186 /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 seller’s market: there were 2.5 months of supply in Independence, MO 64056 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 21 days in the latest three months.

Do homes in Independence sell over asking?

40% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.

What are property taxes in Independence?

About 1.12% of a home’s value a year in Jackson County, or roughly $4,480 on a $400,000 home.

What is the median home price in Independence?

The median sale price was $244,894 in the three months ending August 31, 2026, about $160 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