Why Live in Independence Township
Independence Township, MI, with a population of over 36,000, offers a variety of year-round recreational activities and local amenities. The area is known for its more than 30 lakes, providing opportunities for boating, fishing, and swimming. Independence Oaks County Park spans over 1,200 acres and features 12 miles of trails, while Pine Knob Golf Club and Pine Knob Ski and Snowboard Resort cater to golf and winter sports enthusiasts. The Village of Clarkston, though unincorporated, serves as a central hub with its downtown area featuring restaurants like Kruse’s Deer Lake Inn and Rudy’s Prime Steakhouse, as well as shops and events. Independence Township boasts highly rated schools, including Clarkston Community Schools and Lake Orion Community Schools. The township is safer than the national average, making it a practical choice for families. Housing options range from condos and ranch-style homes to more expensive New Traditionals and contemporary houses. Major highways such as Interstate 75 provide connectivity to downtown Detroit, approximately 40 miles away, and Detroit Metropolitan Wayne County Airport, about 46 miles from the township. Local traditions include the Pine Knob Music Theatre concerts and Independence Fest, adding to the community's vibrant atmosphere.
Frequently Asked Questions
What is the average home price in Independence Township, MI?
Homes for sale in Independence Township, MI have an average home price of $482,624.
Are home prices dropping in Independence Township?
Yes, home prices in Independence Township are down 4% in the last 12 months.
How many homes have sold over the last 12 months in Independence Township, MI?
220 homes have sold in Independence Township, MI over the last 12 months.
What are the most popular zip codes in Independence Township, MI?
How much do you need to make to afford a house in Independence Township?
The median home price in Independence Township is $426,495. If you put a 20% down payment of $85,300 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,210 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $95K a year to afford the median home price in Independence Township.
How are the schools in Independence Township, MI?
Home Trends in Independence Township, MI
On average, homes in Independence Township, MI sell after 29 days on the market compared to the national average of 50 days. The median sale price for homes in Independence Township, MI over the last 12 months is $418,500, up 5% from the median home sale price over the previous 12 months.
Median Sale Price
$418,500
Median Single Family Sale Price
$429,500
Median Townhouse Sale Price
$435,990
Median 2 Bedroom Sale Price
$327,300
Average Price Per Sq Ft
$224
Number of Homes for Sale
39
Last 12 months Home Sales
220
Median List Price
$426,495
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%