Independence MN Commercial for Sale

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Independence Real Estate

The median home value in Independence, MN is $799,900. This is higher than the county median home value of $342,800. The national median home value is $338,100. The average price of homes sold in Independence, MN is $799,900. Approximately 90.6% of Independence homes are owned, compared to 4.2% rented, while 5.21% are vacant. Independence real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Independence real estate agent to arrange a tour today!

Independence, Minnesota has a population of 3,735. Independence is more family-centric than the surrounding county with 51.64% of the households containing married families with children. The county average for households married with children is 33.3%.

The median household income in Independence, Minnesota is $198,242. The median household income for the surrounding county is $85,438 compared to the national median of $69,021. The median age of people living in Independence is 39.7 years.

Independence Weather

The average high temperature in July is 82.4 degrees, with an average low temperature in January of 3.8 degrees. The average rainfall is approximately 30.2 inches per year, with 47 inches of snow per year.

Independence Real Estate Market Conditions

  • Median sales price

    $799,900
    11% change since last quarter
  • # Active listings

    29
    30-day change

Independence Schools and Demographics

Education near Independence, MN

Metric City County
High School Graduates 95.82 93.87
College Degree - 2 year 5.7 8.7
College Degree - 4 year 56.02 51.85
Graduate Degree 13.18 13.68
Expenditures per Student 19,300 19,300
Students per Teacher 16.1 16.1

Elementary Schools near Independence, MN

School Grades Students P/T Ratio ZIP
Delano Elementary School PK - 04 897 17.9 55328
Montrose Elementary School PK - 05 333 15.7 55363
Rockford Elementary Arts Magnet School PK - 04 683 14.1 55373
Watertown-Mayer Elementary School 01 - 05 584 16.3 55388
Watertown-Mayer Primary School PK - KG 185 12.2 55388

Middle Schools near Independence, MN

School Grades Students P/T Ratio ZIP
Delano Middle School 05 - 08 762 18.4 55328
Rockford Middle School 05 - 08 538 17.8 55373
Watertown-Mayer Middle School 06 - 08 363 17.2 55388

High Schools near Independence, MN

School Grades Students P/T Ratio ZIP
Delano Senior High School 09 - 12 743 17.5 55328
Rockford Secondary School 09 - 12 467 16.3 55373
Watertown Mayer High School 09 - 12 464 15.6 55388

Demographics near Independence, MN

Metric City County
Neighborhood Type Small town
Population 3,735 1,270,283
Population Density 115 2,294
Median Age 39.7 36.9
People per Household 3.3 2.4
Median Household Income 198,242 85,438
Average Income per Capita 78,416 50,478