Homes Under $400K for Sale in Independence, MO
· 368 homes fit this search368 homes fit this search · Sorted by Newest Listed
About Homes Under $400K in Independence, MO
Independence, MO has 368 homes under $400k for sale right now, with a median list price of $214,500. These homes under $400k were built between 1840 and 2026. Most are between 876 and 2,602 square feet.
Housing market trends in Independence, MO (all homes)
422
Homes for sale in Independence · 21 coming soon
$223,000
Median list price
21 days
Median days to contract
2.83 mo
Months of supply
| Measure | Oct 2026 | Sep 2026 | Oct 2025 |
|---|---|---|---|
| Median sale price | $215,000 | $225,000 | $221,500 |
| Median price per sq ft | $130 | $144 | $147 |
| Median days to contract | 26 | 20 | 23 |
| Sell-to-list ratio | 100% | 100% | 100% |
| Homes sold | 118 | 167 | 132 |
| New listings | 216 | 193 | 176 |
| Went under contract | 125 | 131 | 131 |
10 photos
Price Cut · $25K
22 photos
Price Cut · $20K
36 photos
Price Cut · $55K
61 photos
Price Cut · $41K
$389,000
4beds|3baths|2,585sqft|House for sale
700 S Alexander Rd, Independence, MO
57 photos
Price Cut · $15K
36 photos
Price Cut · $25K
25 photos
Price Cut · $10K
33 photos
139 days
① Independence itself — the place you are on
Popular home searches in Independence
| Search | For sale |
|---|---|
| Open houses | For sale6 |
| Luxury homes | For sale12 |
| Just listed homes | For sale31 |
| Price-reduced homes | For sale173 |
| Coming soon homes | For sale21 |
| Homes under contract | For sale158 |
How we compute these
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
Homes by price in Independence
| Price range | For sale |
|---|---|
| Under $200,000 | For sale170 |
| Under $300,000 | For sale302 |
| Under $400,000 | For sale368 |
| Under $500,000 | For sale392 |
How we compute these
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
② Its neighborhoods — one step out
Nearby neighborhoods to Independence
| Neighborhood | Market (Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.) | Months supply | For sale | Median sale | Sell-to-list | Days to contract | Coming soon | Under contract |
|---|---|---|---|---|---|---|---|---|
| Far View Heights | Seller's | 2.8 mo | 14 | Median$206,000 | 100% | 16d | 1 | 3 |
| Glendale Gardens | Seller's | 2.5 mo | 7 | Median$240,000 | 104% | 24d | 1 | 2 |
| Sycamore Hills | Strong Seller's | 1.6 mo | 4 | Median$236,000 | 100% | 20d | 0 | 5 |
| Kentucky Hills | Balanced | 4.2 mo | 6 | Median$188,000 | 102% | 46d | 0 | 2 |
| Fairmount | Seller's | 3.4 mo | 7 | Median$128,000 | 102% | 40d | 0 | 0 |
How we compute these
- Market.
- Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.
- Months supply.
- How many months it would take to sell every home now for sale at the pace of the last 90 days: homes for sale ÷ (closings in the last 90 days ÷ 3).
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
- Days to contract.
- The middle number of days between a home being listed and going under contract, over the last 90 days of closings. It is not days-to-close, and it is not how long today's listings have been sitting. Newly built homes are excluded, because a build finishing is not a market moving.
- Coming soon.
- Homes announced but not yet accepting showings. A live count.
- Under contract.
- Homes with an accepted contract that have not closed yet. A live count.
③ Nearby cities — two steps out
Search homes nearby Independence
| Place | Market (Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.) | Months supply | Median list | Sell-to-list | Days to contract | For sale | Coming soon | Under contract |
|---|---|---|---|---|---|---|---|---|
| Independence | Seller's | 3.2 mo | Median$225,000 | 99% | 20d | 443 | 21 | 160 |
| Kansas City | Seller's | 3.9 mo | Median$258,250 | 100% | 21d | 2,182 | 100 | 789 |
| Lee's Summit | Seller's | 2.9 mo | Median$500,000 | 98% | 19d | 431 | 22 | 209 |
| Blue Springs | Seller's | 2.6 mo | Median$389,450 | 99% | 18d | 207 | 14 | 117 |
| Raytown | Seller's | 3.4 mo | Median$215,000 | 97% | 23d | 128 | 5 | 36 |
How we compute these
- Market.
- Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.
- Months supply.
- How many months it would take to sell every home now for sale at the pace of the last 90 days: homes for sale ÷ (closings in the last 90 days ÷ 3).
- Median list.
- The middle asking price among the homes for sale right now. Half are listed above it, half below.
- Days to contract.
- The middle number of days between a home being listed and going under contract, over the last 90 days of closings. It is not days-to-close, and it is not how long today's listings have been sitting. Newly built homes are excluded, because a build finishing is not a market moving.
- For sale.
- Homes listed as active right now. A live count, not a monthly average.
- Coming soon.
- Homes announced but not yet accepting showings. A live count.
- Under contract.
- Homes with an accepted contract that have not closed yet. A live count.