Is Liberty City, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Liberty City is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Liberty City was a Seller's Market.

Key Takeaway

Liberty City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Liberty City, FL

How much do homes in Liberty City, FL cost?

Median Sold Price

$430,000

$364/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50,000(+13.2%)

Key Takeaway

Homes in Liberty City have sold for 13.2% more than they did a year ago.

Summary: The median home sold price in Liberty City was $430,000 in October 2024, up 13.2% from last year, and the median price per square foot was $364.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $190K$220K
+15.8%
2 $320K$359K
+12.2%
3 $390K$430K
+10.3%
4 $460K$499K
+8.5%
5+ $484K$428K
-11.6%

Summary: Liberty City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.8%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes decreased by 11.6%.

Median Sold Price Compared To Nearby Neighborhoods

Buena Vista
+18.3%
Liberty City
+13.2%
West Little River
+12.5%
Liberty City East
+6.2%
Civic Center
+2.9%

Housing Supply in Liberty City, FL

How many homes are available in Liberty City, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8689+3.5%

Summary: The Liberty City real estate market had 89 homes for sale in October 2024, a 3.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 2022
+10.0%
3 4043
+7.5%
4 2321
-8.7%
5+ 22
0.0%

Summary: The Liberty City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1412-14.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Liberty City, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Liberty City in October 2024, down by 14.3% month-over-month. Of the 12 sold homes, 42% were sold under asking, 33% were sold at asking, and 25% 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

Oct 2023Oct 2024CHANGE
29 Days40 Days+37.1%

Summary: Homes in Liberty City had an average of 40 days on market in Oct 2024, up by 37.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Liberty City are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in Liberty City; 58% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Liberty City, FL

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