Liberal, KS
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Liberal, KS Real Estate Data


Liberal Housing Market Information

With a population of 20,746, 6,681 total housing units (homes and apartments), and a median house value of $100,665, 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 66.41% of the city's housing units. Other types of housing that are prevalent in Liberal include mobile homes or trailers ( 15.97%), duplexes, homes converted to apartments or other small apartment buildings ( 8.44%), and a few large apartment complexes or high rise apartments ( 7.59%).

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 61.96% owning and 38.04% renting.

There is a lot of housing in Liberal built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Liberal built between 1940-1969 ( 41.95%). A lesser amount of the housing stock also hails from before 1939 ( 7.92%). There's also some housing in Liberal built between 2000 and later ( 6.13%).

Liberal Home Appreciation Rates

In the last 10 years, Liberal has experienced some of the highest home appreciation rates of any community in the nation. Liberal real estate appreciated 31.28% over the last ten years, which is an average annual home appreciation rate of 2.76%, putting Liberal in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Liberal definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Liberal's appreciation rate, at 5.38%, has been at or slightly above the national average. In the latest quarter, Liberal's appreciation rate has been 1.82%, which annualizes to a rate of 7.50%.

Relative to Kansas, our data show that Liberal's latest annual appreciation rate is lower than 70% of the other cities and towns in Kansas.

Average Home Values

 

Median Home Value:
$100,665

Liberal, KS HOME PRICES

Value Range
> $1,130,000 0.2
$847,001 - $1,130,000 0.0
$565,001 - $847,000 0.0
$452,001 - $565,000 0.4
$339,001 - $452,000 1.7
$226,001 - $339,000 5.7
$113,001 - $226,000 29.6
$57,001 - $113,000 36.6
$0 - $57,000 25.9

Average for KS
Low for Nation

Value Relative to Nation Value Relative to State
78.4564033495345 55.6737588652482

Number Of Homes And Apartments:
6,681

Rent & Ownership

 

Average Market Rent:
$830 / per month

Homeownership Rate

Homeownership
Owners 61.96
Renters 38.04
Vacant 7.30

Housing Market Details

 

Age of Homes

AGE OF Liberal HOMES
2000 or Newer 6.1
1970 - 1999 44.0
1940 - 1969 41.9
1939 or Older 7.9

Types of Homes

TYPE OF Liberal HOMES
Single-Family 66.4
Townhomes 1.6
Small Apt. Buildings 8.4
Apt. Complexes 7.6
Mobile Homes 16.0
Other 0.0

Home Size

SIZE OF Liberal HOMES
No Bedroom 0.82
1 Bedroom 7.74
2 Bedrooms 31.33
3 Bedrooms 43.47
4 Bedrooms 10.99
5 or more bedrooms 5.65

Liberal Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
KS*
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
51.63% 2.48% 6 6
* 10 is highest

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Zip Codes in Liberal, KS