Is Liberty, NY 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 was a Seller's Market.
Housing Prices in Liberty, NY
How much do homes in Liberty, NY cost?
Median Sold Price
$196,500
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Liberty was $196,500 in March 2024, up 9.2% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | $170K | +70.0% |
2 Bedrooms | $160K | $182.5K | +14.1% |
3 Bedrooms | $187.5K | $221.4K | +18.1% |
4 Bedrooms | $180K | $269.9K | +49.9% |
5+ Bedrooms | $218K | $105K | -51.8% |
Summary: Liberty housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 70%, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 18.1%, 4 bedroom homes increased by 49.9%, and 5+ bedroom homes decreased by 51.8%.
Housing Supply in Liberty, NY
How many homes are available in Liberty, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 34 | +9.7% |
Summary: The Liberty real estate market had 34 homes for sale in March 2024, a 9.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 16 | 16 | 0.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Liberty housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Liberty in March 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
90 Days | 37 Days | -59.1% |
Summary: Homes in Liberty had an average of 37 days on market in Mar 2024, down by 59.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Liberty; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.