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Independence, Minnesota — Seller's Guide

Thinking About Selling Your Independence Home?

AI-powered market data, neighborhood insights, and a free home valuation from a local expert in Hennepin County.

Live Market Data

Independence Market at a Glance

Median Sale Price

$650,000

+3.4% vs last year

Avg Days on Market

24

From listing to accepted offer

Price per Sq Ft

$240

Based on recent sales

Compete Score

66/100

Buyer demand in this market

Market Timing

Buyer's MarketBalancedSeller's Market
Balanced Market

Days on Market

24

YoY Change

+3.4%

Compete Score

66/100

Independence's market is balanced right now. Well-priced homes in good condition are still moving quickly, but buyers have more options than in peak seller's markets.

Best months to list in Independence:

April through June typically sees the highest sale prices and fastest closings. Listing in late winter (February-March) gives you a head start before peak competition.

Selling Cost Estimator

$650,000
$200K$2M
Agent Commission (5-6%)$32,500$39,000
MN Deed Tax (0.33%)$2,145
Title Insurance~$3,000
Closing Costs (~1.5%)$9,750
Total Estimated Costs$47,395$53,895
Estimated Net Proceeds$596,105$602,605

* These are estimates based on typical Independence transactions. Actual costs vary.

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AI Market Analysis

Independence Real Estate Market

The Independence housing market continues to show strong fundamentals. With a median sale price of $650,000 and homes spending an average of just 24 days on market, sellers in Independence are in a favorable position.

Year-over-year prices have moved +3.4%, reflecting sustained buyer demand in the Hennepin County market. The compete score of 66/100 indicates that buyers are actively competing for homes in this area, putting sellers in a strong negotiating position.

If you're considering selling your Independence home, our AI can analyze comparable sales in your specific neighborhood to show you exactly where your property stands in today's market.

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Seasonal Intelligence

When to Sell in Independence

Our AI tracks seasonal patterns to help you time your sale for maximum value:

SeasonAvg DaysSale vs ListBest For
Spring (Mar–May)12 days101%Maximum price
Summer (Jun–Aug)15 days100%Family buyers
Fall (Sep–Nov)22 days98%Motivated buyers
Winter (Dec–Feb)28 days97%Serious buyers only

Schools in Independence

Independence is served by Orono Public Schools (ISD 278), rated 9/10 overall. Strong school ratings are one of the top factors that attract buyers to this area, which directly supports your home's value.

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