Home prices
The median home in Independence costs $170,800. Compared to its surrounding areas this is approximately $122,860 (41%) lower.It is about $46,700 (21%) lower compared to the entire nation, and it is about $65,600 (27%) lower compared to the city of Visalia.
Rents
In Independence the median rent is $890 a month. Compared to the surrounding areas it is roughly $184 (17%) lower.Compared to the US as a whole it is approximately $172 (16%) lower, and is about $160 (15%) lower in comparison to the city of Visalia.
Nearby places
Lone Pine
Lone Pine is roughly 18 miles south from Independence. Its real estate prices are a little more expensive. The median home in Lone Pine is valued at $183,300, which is $12,500 (6%) higher than Independence. Its rents are somewhat more expensive. Lone Pine's median monthly rent is $973, which is $83 (8%) higher than Independence.
Big Pine
Big Pine is about 24 miles north from Independence. The housing prices there are a little more expensive. The median home in Big Pine is valued at $232,200, which comes out to $61,400 (26%) higher than Independence. Rents there are pretty similar. The median monthly rent in Big Pine is $873, which comes out to $17 (1%) lower than Independence.
Wilkerson
Wilkerson is roughly 33 miles north from Independence. The real estate prices there are a lot more expensive. The price of the median home in Wilkerson is $300,000, which comes out to $129,200 (43%) higher than Independence. Its rents are somewhat more expensive. In Wilkerson the median monthly rent is $1,146, which is $256 (22%) higher than Independence.
Bishop
Bishop is roughly 39 miles north of Independence. Its housing prices are substantially more expensive. The median home in Bishop is valued at $319,000, which comes out to $148,200 (46%) higher than Independence. Rent there is a little more expensive. The median monthly rent in Bishop is $977, which works out to $87 (8%) higher than Independence.
West Bishop
West Bishop is about 39 miles north from Independence. The real estate prices there are significantly more expensive. The price of the median home in West Bishop is $433,800, which works out to $263,000 (60%) higher than Independence. Rents there are a lot more expensive. In West Bishop the median monthly rent is $1,400, which is $510 (36%) higher than Independence.