Independence Homes under $500,000

Welcome to Independence, Oregon – a hidden gem nestled in the heart of Polk County. This charming city, with its rich history and vibrant community spirit, offers an inviting atmosphere that perfectly blends small-town charm with modern conveniences. Independence is ideally situated along the banks of the Willamette River, providing residents with stunning views and a plethora of outdoor activities. Enjoy leisurely strolls along the riverfront, explore the nearby parks, or take advantage of the local wineries and farmers' markets that showcase the area's agricultural bounty.

For those seeking a home in this picturesque locale, Independence presents an exceptional opportunity with a variety of properties available for under $500,000. Whether you're a first-time homebuyer, a growing family, or looking to downsize, you'll find an array of charming homes that cater to diverse lifestyles. From cozy bungalows to spacious family homes, the real estate market in Independence is both competitive and inviting.

Independence is not just about beautiful homes; it’s a community that values connection and quality of life. With excellent schools, friendly neighbors, and a calendar full of community events, residents enjoy a sense of belonging that is hard to find elsewhere. Plus, with easy access to nearby Salem and the stunning Oregon Coast, you can experience the best of both worlds – the tranquility of small-town living and the excitement of urban amenities.

Discover your dream home in Independence, Oregon, where affordable living meets a vibrant community!

Newest Independence Homes under $500,000

$299,900

3 Beds ⋅ 1 Baths

House is being sold as is. This house is solid and level. Old school hard wood floors, need refinishing. Electrical station is updated. Upstairs has room for more bedrooms and for a bathroom. Showings will be by appointment with listing agent.

857 Monmouth St, Independence

Listing Courtesy of HOMESMART REALTY GROUP. Agent: 503-559-6766

$365,900

3 Beds ⋅ 2 Baths

Home Sweet Home! Built in 2025, this beautiful home offers modern living, an open floor plan, and plenty of space for the whole family. Conveniently located close to everything you need, this home also offers lots of parking for added convenience. Come take a look and see all this wonderful property has to offer! Listing agent is also the owner.

538 S 7th St, Independence

Listing Courtesy of HOME READY REALTY LLC. Cell: 503-851-3663

$500,000

4 Beds ⋅ 2 Baths

Historic home w/ original character and a large DOUBLE LOT. 4-bedroom, 1.5-bath with approximately 2010 sqft. Functional layout, spacious living areas, FIREPLACE, additional unfinished basement space with so much potential/POSSIBLE DUAL LIVING. Covered patio and second-story porch, plus 2 detached garages (3 cars) and added covered parking. Easy access to downtown Independence and the Willamette River.

760 S Main St, Independence

Listing Courtesy of EXP REALTY, LLC. Cell: 503-510-8485

$425,000

3 Beds ⋅ 3 Baths

Ideally located in a peaceful neighborhood within walking distance of schools! This inviting 3-bed, 2.5-bath home features an open downstairs layout filled with natural light. Upstairs offers a spacious primary bedroom with a large walk-in closet. Enjoy a fully fenced yard plus a detached 10x20 bonus space, perfect for an office, gym, hobbies or extra storage. A great combination of location, space & functionality!

671 Jasmine Cir, Independence

Listing Courtesy of KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM. DIREC: 541-990-7785

141 S 17th # 15 St Unit 15, Independence

$190,000

3 Beds ⋅ 2 Baths

Discover this stunning 2020 home in the quiet, centrally located Ash Creek ALL AGES park. Vaulted ceilings welcome you into a spacious 3-bed, 2-bath layout. Enjoy a modern kitchen w/island, pantry, & dining area. The large primary suite features a walk-in closet & ensuite bath. Two additional bedrooms offer space for family, guests, office, or hobbies. Step outside to a lovely deck & private backyard w/room to play. Includes 8x12 garden/hobby shed.

141 S 17th # 15 St Unit 15, Independence

Listing Courtesy of JMG JASON MITCHELL GROUP-ALBANY. Cell: 541-971-9976

$475,000

4 Beds ⋅ 2 Baths

Opportunity awaits! This single-level fixer offers spacious living areas, two fireplaces, a metal roof, and a generous yard with mature trees. Several improvements have already been started, including updated flooring and bathroom finishes, but additional repairs, finishing work, and cosmetic updates are needed throughout. Bring your vision and unlock this property's potential! Ideal for investors or buyers looking for a renovation project. Cash or renovation financing may be required.

6520 Corvallis Rd, Independence

Listing Courtesy of EXP REALTY, LLC. Cell: 208-912-5591

$455,000

4 Beds ⋅ 3 Baths

Step inside to a warm and inviting interior designed for comfortable everyday living and effortless entertaining. The open layout flows naturally through the main living spaces, anchored by a cozy gas fireplace and enhanced by programmable color or white lighting in the living room and kitchen. The kitchen features a new convection/air fryer oven and convection microwave, both installed in May 2026. Additional smart-home conveniences include a programmable keyless front door lock, doorbell camera, garage camera, and programmable exterior lighting. Outside, the private, fully fenced backyard is designed for year-round enjoyment with a hot tub, sauna, deck, covered patio, and an impressive outdoor wood-burning fireplace complete with additional cooking space and storage. Whether grilling dinner, gathering around the fire, or unwinding in the sauna after a long day, there are multiple spaces to relax and entertain. Programmable lighting extends to the front porch, garage, and patio, while fully paid rooftop solar panels add another valuable feature. Tucked away on a cul-de-sac with a 2-car garage and convenient access to nearby schools, parks, shopping, and everyday amenities, this home offers a unique combination of comfort, functionality, smart-home features, and exceptional outdoor living.

888 Morning Glory St, Independence

Listing Courtesy of EXP REALTY, LLC. cell: 971-312-5904

$397,900

3 Beds ⋅ 2 Baths

SELLER OFFERING $10,000 TOWARD BUYER'S CLOSING COSTS! Charming single-level home in a desirable neighborhood. Seller has made several improvements to prepare the home for its next owner, including fresh interior paint, new bathroom cabinets/vanity/bath fan, faucets, and toilets; plus a new dishwasher, refrigerator and like-new stove in 2025. Additional features include a newer roof (2023), solar panels to be paid off at closing, vaulted ceilings, and a spacious primary suite with walk-in closet. The functional floor plan offers 3 bedrooms, 2 bathrooms, a 2-car garage, and a fully fenced backyard with room for RV or boat parking. Whether you're a first-time homebuyer, investor, or someone looking for a home with room to personalize, this property offers exceptional value and potential. Conveniently located near schools, shopping, and downtown Independence. Many updates are already complete, leaving you the opportunity to add your own personal touches and make this home your own. Don't miss this opportunity--and DON'T MISS THE $10,000 SELLER CREDIT TOWARD CLOSING COSTS!

1317 Northgate Rd, Independence

Listing Courtesy of JOHN L. SCOTT-SALEM. Cell: 503-551-2522

$469,900

3 Beds ⋅ 2 Baths

Accepted Offer with Contingencies. Relax under the gorgeous covered front porch or enjoy the fully fenced backyard w/beautiful, custom landscaping that makes an outstanding space for entertaining & relaxing! Vaulted ceilings, waterproof Raintree hardwood floors, gas fireplace, lots of lights, primary bedroom has privacy, on suite bathroom w/Italian porcelain & Corian shower; w/ large walk-in closet. Kitchen features quartz countertops, stainless steel appliances, farmhouse sink, white wood cabinets, & an island. Whole house water softening & filtration practicality system. High-efficiency gas furnace w/AC. Home is on a nice lot, amazing location in a quiet neighborhood. Luxury & await in this exceptional home! Don't miss your chance at this beautifully maintained 3bed/2bath home that is move in ready!

1429 S 10th St, Independence

Listing Courtesy of BERKSHIRE HATHAWAY HOMESERVICES R E PROF. Agent: 503-559-2929

$459,900

4 Beds ⋅ 3 Baths

Welcome to this inviting 3-bedroom, 2.5-bath residence in Independence. Featuring a desirable open-concept floor plan, this home offers a comfortable layout for everyday living and entertaining. The spacious open living area creates an easy flow between the main living spaces, making it a welcoming place to gather with family and friends. With 3 bedrooms and 2 baths on the second level, along with an expansive common landing area, there's plenty of room to enjoy both privacy and shared spaces

729 Morning Glory Dr, Independence

Listing Courtesy of C CABLE REALTY. Agent: 503-551-5357

$299,000

2 Beds ⋅ 1 Baths

Corner-lot bungalow featuring a cozy fireplace and a charming dining room with built-in cabinetry. The kitchen and remodeled bathroom offer modern updates, while the spacious, updated large utility room provides added functionality. The primary bedroom includes a walk-in closet, and an attached workshop/storage space offers plenty of room for projects, or additional storage.The spacious yard is filled with established fruit and nut trees, including cherry, Fuji apple, pear, pecan and walnut.

221 Walnut St, Independence

Listing Courtesy of HOMESMART REALTY GROUP. Cell: 503-381-6573

$349,000

2 Beds ⋅ 2 Baths

Accepted Offer with Contingencies. Historical home in Independence. 2 bedroom 2 bath home with new roof in 2024. Has a lot of character and charm.

115 S 6th St, Independence

Listing Courtesy of HOMESMART REALTY GROUP. Cell: 503-580-7381

Start Your Search

Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.