Liberty, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Liberty, IN Real Estate Data


Liberty Housing Market Information

With a population of 2,038, 797 total housing units (homes and apartments), and a median house value of $110,629, house prices in Liberty are solidly below the national average.

Single-family detached homes are the single most common housing type in Liberty, accounting for 74.12% of the town's housing units. Other types of housing that are prevalent in Liberty include large apartment complexes or high rise apartments ( 11.07%), duplexes, homes converted to apartments or other small apartment buildings ( 10.28%), and a few mobile homes or trailers ( 4.52%).

The most prevalent building size and type in Liberty are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 64.62% owning and 35.38% renting.

The housing in Liberty was primarily built before 1939 ( 38.87%), making the housing stock in Liberty some of the oldest overall in America, although there is a range of ages of homes in Liberty. The next most important housing age is between 1970-1999 ( 30.85%), followed by between 1940-1969 ( 19.55%). There's also some housing in Liberty built between 2000 and later ( 10.73%).

Liberty Home Appreciation Rates

Real estate appreciation rates in Liberty's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.24% during the period.

NeighborhoodScout's data show that during the latest twelve months, Liberty's appreciation rate, at 5.05%, has been at or slightly above the national average. In the latest quarter, Liberty's appreciation rate has been 2.34%, which annualizes to a rate of 9.71%.

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

Average Home Values

 

Median Home Value:
$110,629

Liberty, IN HOME PRICES

Value Range
> $1,124,000 0.3
$842,001 - $1,124,000 0.0
$562,001 - $842,000 0.0
$450,001 - $562,000 0.0
$337,001 - $450,000 3.7
$225,001 - $337,000 8.5
$112,001 - $225,000 32.6
$56,001 - $112,000 40.1
$0 - $56,000 14.7

Low for IN
Low for Nation

Value Relative to Nation Value Relative to State
71.9857117760731 67.8733031674208

Number Of Homes And Apartments:
797

Rent & Ownership

 

Average Market Rent:
$827 / per month

Homeownership Rate

Homeownership
Owners 64.62
Renters 35.38
Vacant 9.94

Housing Market Details

 

Age of Homes

AGE OF Liberty HOMES
2000 or Newer 10.7
1970 - 1999 30.8
1940 - 1969 19.5
1939 or Older 38.9

Types of Homes

TYPE OF Liberty HOMES
Single-Family 74.1
Townhomes 0.0
Small Apt. Buildings 10.3
Apt. Complexes 11.1
Mobile Homes 4.5
Other 0.0

Home Size

SIZE OF Liberty HOMES
No Bedroom 2.15
1 Bedroom 7.46
2 Bedrooms 27.12
3 Bedrooms 50.62
4 Bedrooms 10.73
5 or more bedrooms 1.92

Liberty Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IN*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
13.08% 0.73% 3 1
* 10 is highest