Similar to the surrounding areas, it is substantially less expensive compared to the rest of the nation. It is a lot less expensive compared to the city of Greensboro.
Home prices
The median home value in Independence is $90,000. Compared to nearby areas this is approximately $2,600 (2%) lower.In comparison to the rest of the country it is about $127,500 (58%) lower, and is about $66,300 (42%) lower compared to the city of Greensboro.
Rents
The median rent in Independence is $392 per month. Compared to its nearby areas it is approximately $204 (34%) lower.It is roughly $670 (63%) lower compared to the entire country, and is approximately $485 (55%) lower compared to the city of Greensboro.
Nearby places
Sparta
Sparta is approximately 8 miles south from Independence. Its housing prices are somewhat more expensive. Sparta's median home cost is $111,900, which is $21,900 (19%) higher than Independence. Its rents are somewhat more expensive. The median monthly rent in Sparta is $485, which comes out to $93 (19%) higher than Independence.
Fries
Fries is roughly 10 miles northeast of Independence. The real estate prices there are somewhat more expensive. The cost of the median home in Fries is $103,400, which works out to $13,400 (12%) higher than Independence. Its rents are significantly more expensive. The median rent in Fries is $663 a month, which comes out to $271 (40%) higher than Independence.
Galax
Galax is about 11 miles east from Independence. The real estate prices there are a bit more expensive. Galax's median home cost is $96,600, which is $6,600 (6%) higher than Independence. Rent there is somewhat more expensive. The median monthly rent in Galax is $574, which comes out to $182 (31%) higher than Independence.
Troutdale
Troutdale is approximately 15 miles west of Independence. Real estate prices there are somewhat less expensive. The median home value in Troutdale is $81,300, which comes out to $8,700 (10%) lower than Independence. The rent there is a lot more expensive. Troutdale's median monthly rent is $763, which is $371 (48%) higher than Independence.
Sugar Grove
Sugar Grove is about 16 miles northwest from Independence. Its housing prices are a little less expensive. Sugar Grove's median home price is $69,800, which works out to $20,200 (28%) lower than Independence. Its rents are a bit more expensive. In Sugar Grove the median rent is $496 a month, which works out to $104 (20%) higher than Independence.
