House Prices

House Prices & Home Values Independence, VA 2026


Average Data

average house price$325,600
average size per house1539 ft²
average price per ft²212 $ / ft²

06/19/2026 - The value range (VR) for house prices in Independence, VA is $212/ sqft to $212/ sqft. An average home with 1539 sqft costs approximately $326,268 to $326,268. Independence, VA includes 1 ZIP codes and it is located in Grayson county. The lowest prices are found in ZIP 24348, while the highest are in ZIP 24348. The average price per sqare feet is $212. Our analysis is based on 4 property listings.

Avergage prices by ZIP codes Independence

24348218 $ / ft²




Historical development of home values in Independence

Year Estimated value (USD) Change vs. 2025
2010 $151,215 -53.6%
2011 $145,367 -55.4%
2012 $144,976 -55.5%
2013 $150,394 -53.8%
2014 $157,873 -51.5%
2015 $165,975 -49.0%
2016 $174,637 -46.4%
2017 $184,063 -43.5%
2018 $194,239 -40.3%
2019 $203,245 -37.6%
2020 $213,752 -34.4%
2021 $243,120 -25.3%
2022 $283,424 -13.0%
2023 $298,883 -8.2%
2024 $316,174 -2.9%
2025 $325,600 0.0%

Graph: estimated home values in Independence over time (USD)



Example: 100% financing house in Independence

Loan amount: $325,600

Interest rate: 6.00%

Fixed monthly payment: $1,952.14

Breakdown in the 1st month:
Interest portion: $1,628.00  –  Principal portion: $324.14

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $19,427.23 $3,998.41 $321,601.59
2 $19,180.62 $4,245.02 $317,356.57
3 $18,918.80 $4,506.84 $312,849.73
4 $18,640.82 $4,784.81 $308,064.92
5 $18,345.71 $5,079.93 $302,984.99
6 $18,032.39 $5,393.25 $297,591.74
7 $17,699.74 $5,725.89 $291,865.84
8 $17,346.58 $6,079.06 $285,786.79
9 $16,971.64 $6,454.00 $279,332.79
10 $16,573.57 $6,852.07 $272,480.72
11 $16,150.95 $7,274.69 $265,206.03
12 $15,702.26 $7,723.37 $257,482.66
13 $15,225.90 $8,199.73 $249,282.92
14 $14,720.16 $8,705.48 $240,577.45
15 $14,183.23 $9,242.41 $231,335.04
16 $13,613.18 $9,812.46 $221,522.57
17 $13,007.96 $10,417.67 $211,104.90
18 $12,365.42 $11,060.21 $200,044.69
19 $11,683.26 $11,742.38 $188,302.30
20 $10,959.01 $12,466.63 $175,835.68
21 $10,190.10 $13,235.54 $162,600.13
22 $9,373.76 $14,051.88 $148,548.25
23 $8,507.07 $14,918.57 $133,629.68
24 $7,586.92 $15,838.72 $117,790.97
25 $6,610.03 $16,815.61 $100,975.36
26 $5,572.88 $17,852.76 $83,122.59
27 $4,471.76 $18,953.88 $64,168.71
28 $3,302.72 $20,122.92 $44,045.79
29 $2,061.58 $21,364.05 $22,681.74
30 $743.90 $22,681.74 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Independence, VA


1500 sqft3900 sqft
Ø selling price$384,781$818,533
Ø fast selling$349,800$736,679
Ø high price sale$419,761$900,386

In 2026, houses in Independence, VA will be offered at an average price of $212 per square foot. A 1,500 sqft home priced at $384,781 is 23.58% more expensive per square foot than a 3,900 sqft home priced at $818,533. Home prices in Independence, VA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $566,676. Sellers who can wait longer may achieve a higher price of up to $692,604.


Explore Independence, VA

Overview and Location

Independence, Virginia, the seat of Grayson County, blends mountain charm with convenient access to the Blue Ridge Parkway.

Located near the New River and a short drive from Galax, the town serves as a gateway to outdoor adventure.


History and Culture

The historic 1908 Courthouse anchors downtown, hosting music, exhibits, and community events.

Visitors enjoy the lively Independence Farmers Market and seasonal festivals that celebrate Appalachian heritage.

Local shops and eateries showcase regional crafts, farm-fresh goods, and friendly service.


Outdoor Recreation

Hikers, anglers, and paddlers relish nearby trails, scenic overlooks, and New River fishing access.

Proximity to Grayson Highlands State Park and Mount Rogers offers wild ponies, high-country vistas, and cool summer temperatures.


Living and Access

Housing options range from mountain cabins to in-town homes, with affordable prices compared to larger Virginia markets.

U.S. Route 58 connects Independence to regional employers, healthcare, and arts venues in Galax and Abingdon.

Whether you are planning a weekend visit or a permanent move, Independence, VA delivers small-town comfort with big outdoor appeal.



FAQ – Home Values in Independence

What is the median home value in Independence in 2026?

In 2026, the typical home value in Independence is about $325,600 for an average home size of 1539 square feet. This corresponds to an average price of roughly $212 per square foot.

What is the average cost per square foot in Independence?

In 2026, homes in Independence sell for an average of around $212 per square foot, with a typical range between $212 and $212 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Independence is about 1539 square feet, with an estimated 2026 value around $325,600.



Locations close to Independence, VA

Ivanhoe, VA104 $ / ft²
Lambsburg, VA126 $ / ft²
Laurel Fork, VA126 $ / ft²
Hiwassee, VA149 $ / ft²
Hillsville, VA92 $ / ft²
Glade Spring, VA91 $ / ft²




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