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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Liberty Township is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Liberty Township was a Seller's Market.

Key Takeaway

Liberty Township 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 Township, OH

How much do homes in Liberty Township, OH cost?

Median Sold Price

$575,000

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$5,000(+0.9%)

Key Takeaway

Homes in Liberty Township have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Liberty Township was $575,000 in March 2024, up 0.9% from last year, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $275K$157K
-42.9%
2 $340K$375K
+10.3%
3 $484.9K$490.7K
+1.2%
4 $600K$605K
+0.8%
5+ $841.5K$967.5K
+15.0%

Summary: Liberty Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.9%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 15%.

Median Sold Price Compared To Nearby Cities

Lewis Center
+9.9%
Berlin Township
+7.1%
Concord Township
+5.8%
Liberty Township
+0.9%
Powell
-2.0%

Housing Supply in Liberty Township, OH

How many homes are available in Liberty Township, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
147163+10.9%

Summary: The Liberty Township real estate market had 163 homes for sale in March 2024, a 10.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 1821
+16.7%
3 5253
+1.9%
4 4955
+12.2%
5+ 2733
+22.2%

Summary: The Liberty Township 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 16.7%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2125+19.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Liberty Township, you may be able to get a good deal. 36% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in Liberty Township in March 2024, up by 19.0% month-over-month. Of the 25 sold homes, 36% were sold under asking, 28% were sold at asking, and 36% were sold over asking.

Days on Market for Liberty Township, OH

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

Average Sale Time

Mar 2023Mar 2024CHANGE
43 Days36 Days-15.7%

Summary: Homes in Liberty Township had an average of 36 days on market in Mar 2024, down by 15.7% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Liberty Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 25 homes were sold in Liberty Township; 84% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 16% 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 18 Days Ago

Newest Listings in Liberty Township, OH

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What housing markets are near Liberty Township, OH?