Is Liberty Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Liberty Township has remained a Seller's Market.
Key Takeaway
Liberty Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Liberty Township, OH
How much do homes in Liberty Township, OH cost?
Median Sold Price
$563,666
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Liberty Township have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in Liberty Township was $563,666 in May 2024, up 1.8% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $157K | -42.9% |
| 2 Bedrooms | $340K | $385.5K | +13.4% |
| 3 Bedrooms | $479.9K | $493.9K | +2.9% |
| 4 Bedrooms | $595K | $614.6K | +3.3% |
| 5+ Bedrooms | $855K | $1.0M | +17.8% |
Summary: Liberty Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.9%, 2 bedroom homes increased by 13.4%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 17.8%.
Median Sold Price Compared To Nearby Cities
| Concord Township | $511.8K | $576.5K | +12.6% |
| Berlin Township | $565K | $612.5K | +8.4% |
| Lewis Center | $466.1K | $499.9K | +7.3% |
| Liberty Township | $553.4K | $563.6K | +1.8% |
| Powell | $500K | $499.9K | 0% |
Housing Supply in Liberty Township, OH
How many homes are available in Liberty Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 142 | 177 | +24.6% |
Summary: The Liberty Township real estate market had 177 homes for sale in May 2024, a 24.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 15 | 11 | -26.7% |
| 3 Bedrooms | 47 | 59 | +25.5% |
| 4 Bedrooms | 49 | 68 | +38.8% |
| 5+ Bedrooms | 31 | 38 | +22.6% |
Summary: The Liberty Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 26.7%, 3 bedroom homes increased by 25.5%, 4 bedroom homes increased by 38.8%, and 5+ bedroom homes increased by 22.6%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 41 | 52 | +26.8% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Liberty Township, you could pay more than the asking price. 44.2% of homes here sold above asking price last month.
Summary: A total of 52 homes were sold or pending in Liberty Township in May 2024, up by 26.8% month-over-month. Of the 52 sold homes, 35% were sold under asking, 21% were sold at asking, and 44% were sold over asking.
Days on Market for Liberty Township, OH
How long does it take to sell a home in Liberty Township, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 35 Days | 48 Days | +36.2% |
Summary: Homes in Liberty Township had an average of 48 days on market in May 2024, up by 36.2% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Liberty Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 52 homes were sold in Liberty Township; 54% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.