Is Liberty, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Liberty is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Liberty has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Liberty, NY

How much do homes in Liberty, NY cost?

Median Sold Price

$228,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$53,000(+30.3%)

Key Takeaway

Homes in Liberty have sold for 30.3% more than they did a year ago.

Summary: The median home sold price in Liberty was $228,000 in October 2024, up 30.3% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $100K$170K
+70.0%
2 $160K$185K
+15.6%
3 $186K$242.5K
+30.4%
4 $205.2K$246.2K
+20.0%
5+ $141.2K$325K
+130.1%

Summary: Liberty housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 70%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 30.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 130.1%.

Housing Supply in Liberty, NY

How many homes are available in Liberty, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3842+10.5%

Summary: The Liberty real estate market had 42 homes for sale in October 2024, a 10.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 12
+100.0%
3 1516
+6.7%
4 1113
+18.2%
5+ 99
0.0%

Summary: The Liberty 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 100%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 October 2024, the same as the previous 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, NY

How long does it take to sell a home in Liberty, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days84 Days+344.7%

Summary: Homes in Liberty had an average of 84 days on market in Oct 2024, up by 344.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Liberty has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Liberty; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 20 Days Ago

Newest Listings in Liberty, NY

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