Is Liberty City, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Liberty City was a Seller's Market.
Key Takeaway
Liberty City is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Liberty City, FL
How much do homes in Liberty City, FL cost?
Median Sold Price
$400,500
$345/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Liberty City have sold for 12% more than they did a year ago.
Summary: The median home sold price in Liberty City was $400,500 in March 2024, up 12% from last year, and the median price per square foot was $345.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | - | N/A |
| 2 Bedrooms | $295K | $335K | +13.6% |
| 3 Bedrooms | $371K | $415K | +11.9% |
| 4 Bedrooms | $400K | $489.5K | +22.4% |
| 5+ Bedrooms | $400K | $389K | -2.8% |
Summary: Liberty City housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes decreased by 2.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Liberty City | $357.5K | $400.5K | +12.0% |
| West Little River | $380K | $425K | +11.8% |
| Buena Vista | $585K | $650K | +11.1% |
| Liberty City East | $375K | $397.5K | +6.0% |
Housing Supply in Liberty City, FL
How many homes are available in Liberty City, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 80 | 79 | -1.3% |
Summary: The Liberty City real estate market had 79 homes for sale in March 2024, a 1.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 15 | 12 | -20.0% |
| 3 Bedrooms | 42 | 43 | +2.4% |
| 4 Bedrooms | 16 | 17 | +6.3% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Liberty City housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 13 | -18.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Liberty City, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Liberty City in March 2024, down by 18.8% month-over-month. Of the 13 sold homes, 69% were sold under asking, 15% were sold at asking, and 15% were sold over asking.
Days on Market for Liberty City, FL
How long does it take to sell a home in Liberty City, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 49 Days | 41 Days | -15.7% |
Summary: Homes in Liberty City had an average of 41 days on market in Mar 2024, down by 15.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Liberty City has remained consistent over time.
Summary: During March 2024, 13 homes were sold in Liberty City; 38% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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