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Independence housing market, June 2026

Past report · Minneapolis Area REALTORS® Local Market Update · current as of July 8, 2026. See the newest report (September 2026)

  • Median sale price$1.44M+79.7% vs. June 2025
  • Homes sold4−42.9% vs. June 2025
  • Days on market287June 2026
  • Months of supply6.5end of June 2026

The short version

Independence in June 2026

In June 2026, 4 homes sold in Independence, against 7 in June 2025.

The median sale price was $1,437,500, up 79.7% from a year earlier, and homes spent 287 days on market, with sellers receiving 97.1% of their original list price.

The month ended with 20 homes for sale, 6.5 months of supply (a buyer’s market by the usual measure).

Over the 12 months through June 2026, the median was $900,000 (up 7.3%) across 40 sales.

Only 4 homes sold here in June 2026, so this month's numbers can swing a lot. The 12-month figures are steadier.

Median sale price by month through June 2026, Independence
01000k2000k3000kOct 2024Jan 2025May 2025Sep 2025Dec 2025Apr 2026Jun 2026$538,750Oct 2024$538,750Nov 2024$799,900Dec 2024$885,000Jan 2025$1,999,500Mar 2025$337,450Apr 2025$880,000May 2025$611,500Jun 2025$800,000Jul 2025$900,000Sep 2025$1,399,000Oct 2025$1,425,000Nov 2025$995,000Dec 2025$801,250Feb 2026$845,000Mar 2026$835,000Apr 2026$313,500May 2026$649,950$1,437,500Jun 2026$1,437,500

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$538,750
Nov 2024$799,900
Dec 2024$885,000
Jan 2025$1,999,500
Mar 2025$337,450
Apr 2025$880,000
May 2025$611,500
Jun 2025$800,000
Jul 2025$900,000
Sep 2025$1,399,000
Oct 2025$1,425,000
Nov 2025$995,000
Dec 2025$801,250
Feb 2026$845,000
Mar 2026$835,000
Apr 2026$313,500
May 2026$649,950
Jun 2026$1,437,500

All the numbers

Independence, June 2026 vs. June 2025

June 202612 months through June 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$800,000$1,437,500+79.7%$839,145$900,000+7.3%
Average sale price$731,249$1,673,252+128.8%$974,213$1,117,333+14.7%
Price per square foot$275$299+9.0%$268$270+0.8%
Closed sales74−42.9%4140−2.4%
New listings65−16.7%6965−5.8%
Days on market146287+96.6%9597+2.1%
% of original list price received90.6%97.1%+7.2%93.1%97.3%+4.5%
Homes for sale (end of month)1920+5.3%———
Months of supply4.66.5+41.3%———
Twin Cities region, median price$401,500$410,000+2.1%$385,000$390,500+1.4%

Source: Minneapolis Area REALTORS® Local Market Update, Independence, June 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of July 8, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Independence in June 2026: questions

What was the median home price in Independence, MN in June 2026?

$1,437,500, from 4 sales (up 79.7% from June 2025), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data). With so few sales, a single month can swing a lot; the 12-month median was $900,000.

How many homes sold in Independence, MN in June 2026?

4, against 7 in June 2025. 5 new listings came on the market that month.

Was Independence a buyer's or seller's market in June 2026?

Independence ended June 2026 with 6.5 months of supply (20 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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