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Independence, VA Home Values and Rents

The typical home value in Independence is $226,401, 347th highest of 367 cities and towns in Virginia. Median rent is $668 a month.

Typical home value
$226,401
347th of 367 in VA
Median rent
$668/mo
ACS 2020-2024
Price change, 1 year
+4.9%
Sep 2026
Homeownership
66.1%
VA: 67.3%

Typical home value in Independence

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodIndependence
Sep 2026$226,401
Dec 2025$217,522
Dec 2024$206,186
Dec 2023$192,827
Dec 2022$181,785
Dec 2021$168,547
Dec 2020$140,289
Dec 2019$127,445
Dec 2018$120,896
Dec 2017$121,934
Dec 2016$117,044
Dec 2015$115,460
Dec 2014$107,965
Dec 2013$109,349
Dec 2012$105,074

Over five years, Independence prices changed +39.3%.

Source: Zillow Research · Last updated 09/01/2026

Frequently asked questions

What is the typical home value in Independence, VA?
The typical home value in Independence is $226,401 (Zillow Home Value Index, Sep 2026). The Virginia median is $383,700.
How much is rent in Independence?
The median rent in Independence is $668 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $943.
Are home prices going up in Independence?
The typical home value in Independence changed +4.9% over one year and +39.3% over five years, as of Sep 2026.
How does Independence compare with the rest of Virginia?
Independence has the 347th highest median home value of 367 cities and towns with 1,000+ residents in Virginia.