Is Liberty, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Liberty is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Liberty, PA

How much do homes in Liberty, PA cost?

Median Sold Price

$120,000

$106/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$18,000(-13.0%)

Key Takeaway

Homes in Liberty have sold for 13% less than they did a year ago.

Summary: The median home sold price in Liberty was $120,000 in September 2024, down 13% from last year, and the median price per square foot was $106.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $90K$165K
+83.3%
2 $130K$118K
-9.2%
3 $156.5K$120K
-23.3%
4 $154.7K$220K
+42.2%
5+ --
N/A

Summary: Liberty housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 83.3%, 2 bedroom homes decreased by 9.2%, 3 bedroom homes decreased by 23.3%, 4 bedroom homes increased by 42.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

McKeesport
+26.1%
Port Vue
+3.5%
Glassport
-8.3%
Liberty
-13.0%

Housing Supply in Liberty, PA

How many homes are available in Liberty, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
108-20.0%

Summary: The Liberty real estate market had 8 homes for sale in September 2024, a 20.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 43
-25.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Liberty housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Liberty, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Liberty in September 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Liberty, PA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
25 Days8 Days-66.0%

Summary: Homes in Liberty had an average of 8 days on market in Sep 2024, down by 66% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 2 homes were sold in Liberty; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 30 Days Ago

Newest Listings in Liberty, PA

Nearby Markets to Liberty, PA

What housing markets are near Liberty, PA?