Is Liberty City, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Liberty City has remained a Seller's Market.
Key Takeaway
Liberty City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Liberty City, FL
How much do homes in Liberty City, FL cost?
Median Sold Price
$403,500
$350/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Liberty City have sold for 14.5% more than they did a year ago.
Summary: The median home sold price in Liberty City was $403,500 in April 2024, up 14.5% from last year, and the median price per square foot was $350.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | - | N/A |
| 2 Bedrooms | $307.5K | $340K | +10.6% |
| 3 Bedrooms | $375K | $420K | +12.0% |
| 4 Bedrooms | $407.5K | $489.5K | +20.1% |
| 5+ Bedrooms | $350K | $389K | +11.1% |
Summary: Liberty City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 20.1%, and 5+ bedroom homes increased by 11.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Liberty City | $352.5K | $403.5K | +14.5% |
| West Little River | $380K | $435K | +14.5% |
| Buena Vista | $605K | $650K | +7.4% |
| Liberty City East | $399.9K | $395K | -1.2% |
Housing Supply in Liberty City, FL
How many homes are available in Liberty City, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 82 | 78 | -4.9% |
Summary: The Liberty City real estate market had 78 homes for sale in April 2024, a 4.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 7 | -30.0% |
| 3 Bedrooms | 46 | 47 | +2.2% |
| 4 Bedrooms | 20 | 20 | 0.0% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Liberty City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 30%, 3 bedroom homes increased by 2.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 15 | -11.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Liberty City, expect to pay close to the asking price. 46.7% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in Liberty City in April 2024, down by 11.8% month-over-month. Of the 15 sold homes, 40% were sold under asking, 47% were sold at asking, and 13% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 45 Days | 38 Days | -14.2% |
Summary: Homes in Liberty City had an average of 38 days on market in Apr 2024, down by 14.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Liberty City are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 15 homes were sold in Liberty City; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.