Current Price

$723,731

1 Month Forecast

â–² $787,101

1-Year Forecast *

â–² $850,636

5-Year Forecast *

â–² $973,061

"Is it a good time to buy homes in Independence?" "Does investing in real estate in Independence (Minnesota State, Hennepin County) worth it?" According to our live Forecast System, buying a house in Independence is a good short-term (1-year) investment*. The Independence average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Independence" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Independence in Minnesota State, Hennepin County. If you are looking for homes for sale with good flipping profit, Independence can be a profitable property investment option. The median price of an average house in Independence was 723,731 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Independence" area is 973,061 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +34.45% meaning that investing 100000 USD today may yield a profit of 34,451 USD by 2031.

Current Median Listing Price: 723,731 USD Median Listing Price Per Square Foot: 402 USD

Independence Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Independence (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Independence Price Target

Independence median home price target in 12 months: $850,636* (upside of 17.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $783,519 $781,037 $777,787 $785,212
2024 $697,944 $723,731 $695,076 $723,731
2023 $681,042 $701,663 $681,042 $704,156
2022 $639,193 $680,319 $639,193 $695,582
2021 $550,061 $633,084 $550,061 $633,084
2020 $500,826 $543,595 $500,826 $543,595
2019 $496,643 $497,790 $492,812 $500,999
2018 $463,618 $496,287 $463,618 $499,155
2017 $441,120 $460,748 $441,120 $460,748
2016 $433,772 $438,572 $431,014 $438,572
2015 $416,553 $432,055 $416,553 $432,055
2014 $407,036 $415,757 $407,036 $415,757
2013 $371,844 $404,908 $371,844 $404,908
2012 $351,930 $371,196 $351,930 $371,196

Questions & Answers about the Independence Housing Market Forecast

How much does an average home cost in Independence today?

The value of an average home (the listing price) in Independence is $723,731 USD.

What is the average price per square foot in Independence?

According to Walletinvestor the median price per square foot in Independence is 402 USD.

Will the median listing price of homes in Independence grow / rise / go up?

Yes. The Independence home prices may rise from 723,731 USD to 850,636 USD in one year.

Is it profitable to invest in Independence homes?

Yes. The long-term profit potential is +17.53% in one year.

Will Independence house prices fall / drop?

No. See above.

What is the predicted price of a Independence home in 2030?

The predicted home sales price of a Independence home in 2030 in Independence is 923,688 USD.

What is the predicted price of a Independence home in 2035?

The predicted home sales price of a Independence home in 2035 in Independence is 1,120,110 USD.

Will real estate prices decrease in Independence?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Independence is the 10400. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Hennepin, Independence decreased, looking at the past 12 months.

According to Walletinvestor's Independence real estate market research, home values will increase in the next 12 months.

Median home values decreased by 7.609% to 723,731 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 15.785% in 2021
  • 18.365% in 2022
  • 17.195% in 2023
  • 18.775% in 2024
  • 18.295% in 2025
  • 18.995% in 2026

Based on our Independence real estate market research and report the predicted sales prices will increase by 403.117% in the next 10 years.

Over the last 12 months, the value of homes in Independence fluctuated: increasing 1 times and decreasing 3 times.

Independence (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Independence Housing Market Forecast with Real Estate Prices for 2025
August 2025 787101 722558 851643
September 2025 793211 751964 834458
October 2025 799369 719432 879306
November 2025 805575 759657 851493
December 2025 811829 744447 879211
Independence Housing Market Forecast with Real Estate Prices for 2026
January 2026 817249 755956 878543
February 2026 820229 739026 901431
March 2026 825206 765791 884621
April 2026 831129 785416 876841
May 2026 837581 792352 882810
June 2026 844083 774024 914142
July 2026 850636 805553 895720
August 2026 857240 778374 936106
September 2026 863895 786145 941646
October 2026 870602 787024 954180
November 2026 875888 806693 945084
December 2026 873607 808960 938254
Independence Housing Market Forecast with Real Estate Prices for 2027
January 2027 869059 786499 951620
February 2027 864535 797101 931969
March 2027 861918 796413 927424
April 2027 861713 786744 936682
May 2027 862629 785855 939403
June 2027 864948 787103 942794
July 2027 866881 780193 953569
August 2027 869065 818659 919470
September 2027 872914 801335 944493
October 2027 879107 808779 949436
November 2027 885596 816520 954673
December 2027 889161 804690 973631
Independence Housing Market Forecast with Real Estate Prices for 2028
January 2028 891571 820245 962896
February 2028 891780 845407 938153
March 2028 891905 819661 964149
April 2028 888748 833645 943850
May 2028 884121 828422 939821
June 2028 880488 816213 944764
July 2028 883073 799181 966965
August 2028 886696 835267 938124
September 2028 890982 813467 968498
October 2028 891406 827224 955587
November 2028 892841 830342 955340
December 2028 895207 823591 966824
Independence Housing Market Forecast with Real Estate Prices for 2029
January 2029 899076 840636 957515
February 2029 904707 841378 968037
March 2029 909931 821667 998194
April 2029 916787 839777 993797
May 2029 923905 832438 1015371
June 2029 925900 849977 1001824
July 2029 923688 870114 977262
August 2029 920638 830416 1010861
September 2029 917867 866466 969267
October 2029 917145 826348 1007942
November 2029 920978 832564 1009391
December 2029 928127 840884 1015371
Independence Housing Market Forecast with Real Estate Prices for 2030
January 2030 935333 880148 990518
February 2030 942594 853048 1032141
March 2030 949912 867270 1032554
April 2030 957287 891234 1023339
May 2030 963678 873093 1054264
June 2030 967191 894652 1039731
July 2030 973061 888405 1057717
August 2030 980044 924182 1035907
September 2030 987653 930369 1044936
October 2030 995320 915695 1074946
November 2030 1003047 941861 1064233
December 2030 1010834 913794 1107874
Independence Housing Market Forecast with Real Estate Prices for 2031
January 2031 1018682 951449 1085915
February 2031 1026590 924958 1128223
March 2031 1032824 955362 1110286
April 2031 1030133 929180 1131086
May 2031 1024771 947913 1101629
June 2031 1019436 921571 1117302
July 2031 1016351 949272 1083430
August 2031 1016108 932788 1099429
September 2031 1017188 962260 1072117
October 2031 1019924 965868 1073980
November 2031 1022202 962914 1081490
December 2031 1024777 970464 1079091
Independence Housing Market Forecast with Real Estate Prices for 2032
January 2032 1029316 974762 1083870
February 2032 1036619 982715 1090524
March 2032 1044271 984747 1103794
April 2032 1048474 954111 1142837
May 2032 1051316 960903 1141729
June 2032 1051563 982160 1120966
July 2032 1051710 978090 1125330

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.