Is Liberty, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Liberty has remained a Buyer's Market.
Housing Prices in Liberty, NY
How much do homes in Liberty, NY cost?
Median Sold Price
$217,375
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Liberty was $217,375 in May 2024, up 19.1% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | $170K | +70.0% |
2 Bedrooms | $115.3K | $190K | +64.7% |
3 Bedrooms | $192.5K | $229.8K | +19.4% |
4 Bedrooms | $185K | $350K | +89.2% |
5+ Bedrooms | $175K | $152.5K | -12.9% |
Summary: Liberty housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 70%, 2 bedroom homes increased by 64.7%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 89.2%, and 5+ bedroom homes decreased by 12.9%.
Housing Supply in Liberty, NY
How many homes are available in Liberty, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
35 | 39 | +11.4% |
Summary: The Liberty real estate market had 39 homes for sale in May 2024, a 11.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 13 | 13 | 0.0% |
4 Bedrooms | 8 | 10 | +25.0% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Liberty housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Liberty in May 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
27 Days | 63 Days | +136.1% |
Summary: Homes in Liberty had an average of 63 days on market in May 2024, up by 136.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Liberty; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.