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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Liberal, KS Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Liberal, KS Housing Market Trends

With a population of 19,274, 6,398 total housing units (homes and apartments), and a median house value of $144,769, house prices in Liberal are solidly below the national average.

Single-family detached homes are the single most common housing type in Liberal, accounting for 66.44% of the city's housing units. Other types of housing that are prevalent in Liberal include duplexes, homes converted to apartments or other small apartment buildings ( 11.79%), mobile homes or trailers ( 10.98%), and a few large apartment complexes or high rise apartments ( 9.45%).

The most prevalent building size and type in Liberal are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.53% owning and 40.47% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Liberal's housing was primarily built during this period, from the '40s through the '60s. A full 43.01% of the city's housing hails from this era. Other housing ages represented in Liberal include homes built between 1970-1999 ( 37.40%) and housing constructed between 2000 and later ( 13.46%). There's also some housing in Liberal built before 1939 ( 6.13%).

Vacant housing appears to be an issue in Liberal. Fully 11.74% of the housing stock is classified as vacant. Left unchecked, vacant Liberal homes and apartments can be a drag on the real estate market, holding Liberal real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Liberal Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Liberal, where house values have increased just 39.66%, which is annualized rate of 3.40%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

Over the last year, Liberal appreciation rates have trailed the rest of the nation. In the last twelve months, Liberal's appreciation rate has been 2.18%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Liberal were at 3.64%, which equates to an annual appreciation rate of 15.38%.

Relative to Kansas, our data show that Liberal's latest annual appreciation rate is lower than 60% of the other cities and towns in Kansas.

Average Home Values

Median Home Value

$144,769

Liberal, KS Home Prices
> $1,272,000
$954,001 - $1,272,000
$635,001 - $954,000
$508,001 - $635,000
$382,001 - $508,000
$255,001 - $382,000
$127,001 - $255,000
$64,001 - $127,000
$0 - $64,000
0.1%
0.1%
0.0%
0.0%
0.3%
0.3%
1.2%
1.2%
0.8%
0.8%
6.0%
6.0%
46.7%
46.7%
26.2%
26.2%
18.6%
18.6%
0% 100.0%
% of Homes
Low

for Kansas

Very Low

for nation

Number of Homes And Apartments:

6,398

Liberal Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,348 / per month

Homeownership Rate

Owners
Renters
Vacant
59.5%
59.5%
40.5%
40.5%
11.7%
11.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
13.5%
13.5%
37.4%
37.4%
43.0%
43.0%
6.1%
6.1%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
66.4%
66.4%
1.3%
1.3%
11.8%
11.8%
9.4%
9.4%
11.0%
11.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.6%
1.6%
12.1%
12.1%
33.1%
33.1%
31.8%
31.8%
15.9%
15.9%
5.5%
5.5%
0% 100.0%
% of Homes

Popular Communities Near Liberal, KS

Zip Codes in Liberal, KS