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Millards Velma

INDEPENDENCE, LA 70443

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 70443

Millards · Velma

Market Analysis

Data as of February 2026. Source: Realtor.com.

The INDEPENDENCE, LA real estate market (70443) currently shows 21 active listings, with 5 pending sales. Homes are averaging 62 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 62 days on market compared to 109 days last year.

The median listing price has fallen 6.4% year-over-year, from $262,250 to $245,475.

Whether you are buying or selling in INDEPENDENCE, LA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 8,139  ·  Density: 41.2/mi²  ·  Median household income: $55,651

Typical home value: $138,304  ·  Homeownership: 82.3%

Market Overview

Active Listings
21
⇩ 16% vs 25 last year
Pending
5
24% pending ratio
Median Price
$245,475
⇩ 6.4% vs $262,250 last year
Average Price
$265,373
⇧ 8.5% vs $244,531 last year
Days on Market
62
⇩ 43.1% vs 109 days last year

Price Per Square Foot

Median $/sqft
$144
⇧ 7.5% vs $134/sqft last year
Median Home Size
1,531 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 21 this year vs 25 last year
  • Days on market: 62 now vs 109 last year

Median & Average Pricing

Year over Year
  • Median: $245,475 (-6.4% YoY)
  • Average: $265,373 (+8.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.7 miles — 1,146 listings ($422,533,806 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
70443Independence, LA 704430.0 mi22$5,452,458$244,450$247,839
70711Albany, LA 707117.7 mi13$3,223,623$229,900$247,971
70401Hammond, LA 704018.7 mi78$25,293,762$232,500$324,279
70403Hammond, LA 7040310.8 mi108$31,726,296$265,000$293,762
70456Roseland, LA 7045611.6 mi5$1,062,900$165,000$212,580
70455Robert, LA 7045515.1 mi12$3,286,356$250,000$273,863
70462Springfield, LA 7046218.4 mi57$23,326,110$381,750$409,230
70454Ponchatoula, LA 7045419.2 mi205$63,282,475$270,000$308,695
70444Kentwood, LA 7044419.6 mi26$7,356,232$248,500$282,932
70441Greensburg, LA 7044120.1 mi8$1,580,480$151,500$197,560
70447Madisonville, LA 7044724.8 mi146$68,500,134$426,990$469,179
70726Denham Springs, LA 7072625.5 mi338$127,012,964$289,000$375,778
70435Covington, LA 7043526.7 mi128$61,430,016$362,500$479,922

Frequently Asked Questions

How many homes are for sale in INDEPENDENCE, LA 70443?

As of February 2026, there are 21 active listings in INDEPENDENCE, LA (zip code 70443), compared to 25 the prior year.

What is the median home price in INDEPENDENCE, LA 70443?

The median listing price in INDEPENDENCE, LA 70443 is $245,475 as of February 2026, a 6.4% decrease from $262,250 the prior year.

How long do homes stay on the market in INDEPENDENCE, LA?

Homes in INDEPENDENCE, LA 70443 spend an average of 62 days on the market before going under contract, compared to 109 days the prior year.

Is it a seller's or buyer's market in INDEPENDENCE, LA 70443?

Based on current inventory and days-on-market data as of February 2026, INDEPENDENCE, LA 70443 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 62 days on market compared to 109 days last year.

How much can I save on real estate commission in INDEPENDENCE, LA?

With SELL123.com's maximum 3% commission, sellers in INDEPENDENCE, LA 70443 save an estimated $4,910 compared to a typical 5% commission on the median listing price of $245,475. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.