Is Liberty Center, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Liberty Center is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Liberty Center was a Neutral Market.

Key Takeaway

Liberty Center is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Liberty Center, OH

How much do homes in Liberty Center, OH cost?

Median Sold Price

$220,000

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$69,250(+45.9%)

Key Takeaway

Homes in Liberty Center have sold for 45.9% more than they did a year ago.

Summary: The median home sold price in Liberty Center was $220,000 in October 2024, up 45.9% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $145K-
N/A
2 $79.9K$112K
+40.2%
3 $159K$250K
+57.2%
4 $245K$170K
-30.6%
5+ $345K-
N/A

Summary: Liberty Center housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 40.2%, 3 bedroom homes increased by 57.2%, 4 bedroom homes decreased by 30.6%, and 5+ bedroom homes did not change.

Housing Supply in Liberty Center, OH

How many homes are available in Liberty Center, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
910+11.1%

Summary: The Liberty Center real estate market had 10 homes for sale in October 2024, a 11.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 78
+14.3%
4 11
0.0%
5+ 00
0.0%

Summary: The Liberty Center 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 remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Liberty Center, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Liberty Center in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Liberty Center, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
160 Days44 Days-72.1%

Summary: Homes in Liberty Center had an average of 44 days on market in Oct 2024, down by 72.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Liberty Center; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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 Center, OH

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