Commercial Real Estate Market in Independence, KS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
42 active listings and 635 off-market properties in Independence, KS.
Market Trends
Independence, KS spans 215.0 square miles in Montgomery County, Kansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Independence, KS runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Independence, KS runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Independence, KS runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Independence, KS runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Independence, KS has 12,385 residents in 6,421 households. Density runs 58 people per square mile. Median household income here is $54,905 and median gross rent $798 a month.
12,385
Population
6,421
Households
1.9
Avg Household Size
41
Median Age
26%
College-Educated
92%
High-School Grad
215 sq mi
ZIP Area
58
Density / Sq Mi
$54,905
Median Household Income
$34,626
Median Earnings
$798
Median Rent
$109,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sycamore | — | — |
| Liberty | — | — |
| Cherryvale | — | — |
| Dearing | — | — |
Commercial property in Independence, KS asks $42/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Independence?
Commercial property in Independence, KS asks an average of $42 per square foot.
Where does Realmo's Independence market data come from?
Realmo compiles Independence, KS figures from 41 active sale listings, 1 active lease listings, 635 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 41 active for-sale and 1 active for-lease listings in Independence, KS. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
