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 seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Liberty Township has remained a Seller's Market.

Key Takeaway

Liberty Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Liberty Township, OH

How much do homes in Liberty Township, OH cost?

Median Sold Price

$141,000

$85/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$6,000(+4.4%)

Key Takeaway

Homes in Liberty Township have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in Liberty Township was $141,000 in March 2024, up 4.4% from last year, and the median price per square foot was $85.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $74.9K$102.5K
+36.8%
3 $136.4K$140K
+2.6%
4 $159.1K$190K
+19.4%
5+ $245K$185K
-24.5%

Summary: Liberty Township 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 36.8%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes decreased by 24.5%.

Median Sold Price Compared To Nearby Cities

Vienna
+9.9%
Youngstown
+8.5%
Weathersfield Township
+7.7%
Liberty Township
+4.4%
Girard
+3.5%

Housing Supply in Liberty Township, OH

How many homes are available in Liberty Township, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7174+4.2%

Summary: The Liberty Township real estate market had 74 homes for sale in March 2024, a 4.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1517
+13.3%
3 3735
-5.4%
4 1316
+23.1%
5+ 66
0.0%

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 13.3%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1718+5.9%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Liberty Township, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in Liberty Township in March 2024, up by 5.9% month-over-month. Of the 18 sold homes, 22% were sold under asking, 22% were sold at asking, and 56% 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
37 Days41 Days+11.4%

Summary: Homes in Liberty Township had an average of 41 days on market in Mar 2024, up by 11.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Liberty Township has remained consistent over time.

Summary: During March 2024, 18 homes were sold in Liberty Township; 33% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 11% 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 24 Days Ago

Newest Listings in Liberty Township, OH

Nearby Markets to Liberty Township, OH

What housing markets are near Liberty Township, OH?