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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Liberty is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Liberty was a Buyer'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, TN

How much do homes in Liberty, TN cost?

Median Sold Price

$507,500

$237/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$217,500(-30.0%)

Key Takeaway

Homes in Liberty have sold for 30% less than they did a month ago.

Summary: The median home sold price in Liberty was $507,500 in December 2024, down 30% from last month, and the median price per square foot was $237.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $725K$507.5K
-30.0%
4 --
N/A
5+ --
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 30%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Liberty, TN

How many homes are available in Liberty, TN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1211-8.3%

Summary: The Liberty real estate market had 11 homes for sale in December 2024, a 8.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 33
0.0%
3 65
-16.7%
4 22
0.0%
5+ 11
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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12+100.0%

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 December 2024, up by 100.0% 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, TN

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

Average Sale Time

Nov 2024Dec 2024CHANGE
86 Days69 Days-19.8%

Summary: Homes in Liberty had an average of 69 days on market in Dec 2024, down by 19.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

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, 0% 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 4 Days Ago

Newest Listings in Liberty, TN

Nearby Markets to Liberty, TN