Liberal, KS
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Liberal Neighborhoods Since 2000




Liberal, KS Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Liberal Housing Market Information

With a population of 20,746, 6,719 total housing units (homes and apartments), and a median house value of $92,969, the cost of homes in Liberal is among some of the lowest in the nation. Compared to Kansas, however, Liberal real state is not on the lower end of the price spectrum.

Single-family detached homes are the single most common housing type in Liberal, accounting for 67.36% of the city's housing units. Other types of housing that are prevalent in Liberal include mobile homes or trailers ( 16.25%), large apartment complexes or high rise apartments ( 8.33%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.83%).

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 63.99% owning and 36.01% 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 42.23% of the city's housing hails from this era. Other housing ages represented in Liberal include homes built between 1970-1999 ( 41.58%) and housing constructed before 1939 ( 9.89%). There's also some housing in Liberal built between 2000 and later ( 6.31%).

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 30.53% over the last ten years, which is an average annual home appreciation rate of 2.70%, 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.

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 2.84%, 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 1.04%, which equates to an annual appreciation rate of 4.23%.

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:
$92,969

Liberal, KS HOME PRICES

Value Range
> $1,086,000 0.1
$815,001 - $1,086,000 0.0
$543,001 - $815,000 0.0
$435,001 - $543,000 0.5
$326,001 - $435,000 1.3
$217,001 - $326,000 4.4
$108,001 - $217,000 32.2
$54,001 - $108,000 38.0
$0 - $54,000 23.4

Average for KS
Very Low for Nation

Value Relative to Nation Value Relative to State
82.0637524903317 59.2198581560284

Number Of Homes And Apartments:
6,719

Liberal Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
KS*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
50.88% 2.41% 6 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$854 / per month

Homeownership Rate

Homeownership
Owners 63.99
Renters 36.01
Vacant 7.49

Housing Market Details

 

Age of Homes

AGE OF Liberal HOMES
2000 or Newer 6.3
1970 - 1999 41.6
1940 - 1969 42.2
1939 or Older 9.9

Types of Homes

TYPE OF Liberal HOMES
Single-Family 67.4
Townhomes 1.2
Small Apt. Buildings 6.8
Apt. Complexes 8.3
Mobile Homes 16.2
Other 0.0

Home Size

SIZE OF Liberal HOMES
No Bedroom 1.28
1 Bedroom 6.25
2 Bedrooms 31.58
3 Bedrooms 43.32
4 Bedrooms 12.53
5 or more bedrooms 5.04

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Zip Codes in Liberal, KS