Is Liberty City, FL 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 City has remained a Seller's Market.
Key Takeaway
Liberty City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Liberty City, FL
How much do homes in Liberty City, FL cost?
Median Sold Price
$409,000
$360/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Liberty City have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in Liberty City was $409,000 in May 2024, up 10.5% from last year, and the median price per square foot was $360.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | - | N/A |
| 2 Bedrooms | $312.5K | $340K | +8.8% |
| 3 Bedrooms | $375K | $420K | +12.0% |
| 4 Bedrooms | $412.5K | $499K | +21.0% |
| 5+ Bedrooms | $417K | $389K | -6.7% |
Summary: Liberty City housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 21%, and 5+ bedroom homes decreased by 6.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Buena Vista | $590K | $702.5K | +19.1% |
| West Little River | $375.5K | $445K | +18.5% |
| Liberty City | $370K | $409K | +10.5% |
| Civic Center | $340K | $350K | +2.9% |
| Liberty City East | $410K | $400K | -2.4% |
Housing Supply in Liberty City, FL
How many homes are available in Liberty City, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 78 | 78 | 0.0% |
Summary: The Liberty City real estate market had 78 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 48 | 52 | +8.3% |
| 4 Bedrooms | 20 | 17 | -15.0% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Liberty City housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 19 | 17 | -10.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Liberty City, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Liberty City in May 2024, down by 10.5% month-over-month. Of the 17 sold homes, 53% were sold under asking, 35% were sold at asking, and 12% were sold over asking.
Days on Market for Liberty City, FL
How long does it take to sell a home in Liberty City, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 49 Days | 43 Days | -10.9% |
Summary: Homes in Liberty City had an average of 43 days on market in May 2024, down by 10.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Liberty City are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 17 homes were sold in Liberty City; 53% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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