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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.



West Liberty, KY 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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

West Liberty, KY Housing Market Trends

With 3,434 people, 629 houses or apartments, and a median cost of homes of $173,290, house prices in West Liberty are solidly below the national average.

Single-family detached homes are the single most common housing type in West Liberty, accounting for 66.00% of the city's housing units. Other types of housing that are prevalent in West Liberty include large apartment complexes or high rise apartments ( 23.24%), mobile homes or trailers ( 5.31%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.16%).

West Liberty is dominated by renter-occupied one, two, or no bedrooms apartments. 71.29% of West Liberty's dwellings are rentals.

There is a lot of housing in West Liberty 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 West Liberty built between 2000 and later ( 28.69%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.60%). There's also some housing in West Liberty built before 1939 ( 5.74%).

West Liberty Home Appreciation Rates

West Liberty's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in West Liberty during the period has been just 5.30%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, West Liberty's appreciation rate, at 6.33%, has been at or slightly above the national average. In the latest quarter, West Liberty's appreciation rate has been 0.00%, which annualizes to a rate of 0.00%.

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

Average Home Values

Median Home Value

$173,290

West Liberty, KY Home Prices
> $1,272,000
$954,001 - $1,272,000
$636,001 - $954,000
$509,001 - $636,000
$382,001 - $509,000
$255,001 - $382,000
$127,001 - $255,000
$64,001 - $127,000
$0 - $64,000
0.0%
0.0%
1.4%
1.4%
0.0%
0.0%
1.0%
1.0%
4.2%
4.2%
23.4%
23.4%
27.9%
27.9%
30.5%
30.5%
11.7%
11.7%
0% 100.0%
% of Homes
Average

for Kentucky

Low

for nation

Number of Homes And Apartments:

629

West Liberty Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,158 / per month

Homeownership Rate

Owners
Renters
28.7%
28.7%
71.3%
71.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
9.8%
9.8%
90.2%
90.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
28.7%
28.7%
58.0%
58.0%
7.6%
7.6%
5.7%
5.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
66.0%
66.0%
1.3%
1.3%
4.2%
4.2%
23.2%
23.2%
5.3%
5.3%
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
2.4%
2.4%
6.9%
6.9%
39.7%
39.7%
39.3%
39.3%
8.5%
8.5%
3.2%
3.2%
0% 100.0%
% of Homes

Popular Neighborhoods in West Liberty

Popular Communities Near West Liberty, KY

Zip Codes in West Liberty, KY