Market Summary

Independence, Buchanan County, IA

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Median Home Price Price

$201,938 $201.9K

Median Monthly Rent Rent

$1,013 $1K

GRM

17.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Buchanan County

Region Price Rent GRM Display
$226,882 $1,238 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IA outside of Buchanan County

Region Price Rent GRM Display
$212,894 $1,039 17.0x
$294,328 $1,047 23.0x
$189,073 $1,006 16.0x
$236,277 $776 26.0x
$221,276 $950 19.0x
$187,327 $871 18.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IA

Region Price Rent GRM Display
$227,383 $1,168 16.0x
$548,962 $1,000 46.0x
$219,998 $1,076 17.0x
$191,524 $1,124 14.0x
$200,170 $1,015 16.0x
$251,926 $1,215 17.0x
$260,909 $1,290 17.0x
$290,368 $1,255 19.0x
$184,475 $947 16.0x
$309,618 $1,905 14.0x
$255,637 $1,086 20.0x
$256,071 $1,622 13.0x
$115,447 $1,007 10.0x
$299,818 $1,848 14.0x
$229,620 $1,667 11.0x
$110,426 $1,185 8.0x
$121,541 $1,235 8.0x
$214,312 $951 19.0x
$226,687 $1,298 15.0x
$158,885 $1,190 11.0x
$296,976 $1,067 23.0x
$454,454 $1,891 20.0x
$169,079 $912 15.0x
$199,619 $1,043 16.0x
$282,145 $1,241 19.0x
$288,986 $1,425 17.0x
$667,974 $3,699 15.0x
$285,232 $1,059 22.0x
$213,994 $983 18.0x
$178,460 $1,040 14.0x
$229,402 $1,153 17.0x
$324,372 $1,270 21.0x
$146,812 $1,076 11.0x
$292,825 $1,823 13.0x
$142,478 $886 14.0x
$387,300 $967 33.0x

Home prices

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Monthly rent

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GRM

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Independence

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Trend Insights

Median Rent in Independence, IA is $1,013, with MoM change +$11 and YoY change +$82 pointing to positive momentum while volatility is low (std $21).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Independence, IA.

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Metric
Base market Independence, IA
Compare market Select a market
Delta vs base
Median rent
$1,013
N/A
Median price
$201,938
N/A
YoY change
+$82
N/A
Price-to-rent
16.6x
Data unavailable
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