$2,255 Closing Credit*
$189,900
1,618 SqFt
3 Beds
•2 Full Baths
Barbara Broughton, Listing Office: CENTURY 21 Broughton Team
Is Liberty, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Liberty has remained a Seller's Market.
Key Takeaway
Liberty is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Liberty, IL
How much do homes in Liberty, IL cost?
Median Sold Price
$214,500
$94/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$19,500(+10.0%)
Key Takeaway
Homes in Liberty have sold for 10% more than they did a month ago.
Summary: The median home sold price in Liberty was $214,500 in December 2024, up 10% from last month, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $259K | - | N/A |
| 3 Bedrooms | $146K | $94K | -35.6% |
| 4 Bedrooms | - | $335K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Liberty housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 35.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Liberty | $195K | $214.5K | +10.0% |
| Liberty Township | $195K | $214.5K | +10.0% |
Housing Supply in Liberty, IL
How many homes are available in Liberty, IL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Summary: The Liberty real estate market had 5 homes for sale in December 2024, a 28.6% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Liberty housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Liberty, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Liberty in December 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Liberty, IL
How long does it take to sell a home in Liberty, IL?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 Days | 24 Days | +267.5% |
Summary: Homes in Liberty had an average of 24 days on market in Dec 2024, up by 267.5% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Liberty are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in Liberty; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.