$2,375 Closing Credit*
$200,000
1,437 SqFt
3 Beds
•2 Full Baths
Sarah Kingland, Listing Office: Keller Williams Legacy Group
Is North Liberty, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, North Liberty has remained a Seller's Market.
Key Takeaway
North Liberty is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Liberty, IA
How much do homes in North Liberty, IA cost?
Median Sold Price
$312,500
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,550(+4.2%)
Key Takeaway
Homes in North Liberty have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in North Liberty was $312,500 in November 2024, up 4.2% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $152K | $182K | +19.7% |
| 3 Bedrooms | $259.9K | $257.5K | -0.9% |
| 4 Bedrooms | $377.5K | $389.9K | +3.3% |
| 5+ Bedrooms | $499.9K | $556.2K | +11.3% |
Summary: North Liberty housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.7%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 11.3%.
Median Sold Price Compared To Nearby Cities
| Penn Township | $322.4K | $348.5K | +8.1% |
| North Liberty | $299.9K | $312.5K | +4.2% |
| Clear Creek Township | $363.9K | $363K | -0.3% |
Housing Supply in North Liberty, IA
How many homes are available in North Liberty, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 50 | 45 | -10.0% |
Summary: The North Liberty real estate market had 45 homes for sale in November 2024, a 10.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 5 | -44.4% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 17 | 13 | -23.5% |
| 5+ Bedrooms | 11 | 14 | +27.3% |
Summary: The North Liberty housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 44.4%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 15 | +50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in North Liberty, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in North Liberty in November 2024, up by 50.0% month-over-month. Of the 15 sold homes, 33% were sold under asking, 60% were sold at asking, and 7% were sold over asking.
Days on Market for North Liberty, IA
How long does it take to sell a home in North Liberty, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 45 Days | 0.0% |
Summary: Homes in North Liberty had an average of 45 days on market in Nov 2024, up by 0% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Liberty are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in North Liberty; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively 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. Information Is Believed To Be Accurate But Not Guaranteed.