Liberty, NY


Highest Appreciating Liberty Neighborhoods Since 2000

Liberty, NY 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

Liberty Housing Market Information

With a population of 4,134, 1,629 total housing units (homes and apartments), and a median house value of $91,901, house prices in Liberty are some of the most affordable in New York as well as the nation.

Single-family detached homes are the single most common housing type in Liberty, accounting for 36.76% of the village's housing units. Other types of housing that are prevalent in Liberty include large apartment complexes or high rise apartments ( 35.74%), duplexes, homes converted to apartments or other small apartment buildings ( 23.54%), and a few row houses and other attached homes ( 2.75%).

Liberty is dominated by renter-occupied one, two, or no bedrooms apartments. 66.05% of Liberty's dwellings are rentals.

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. Liberty's housing was primarily built during this period, from the '40s through the '60s. A full 35.54% of the village's housing hails from this era. Other housing ages represented in Liberty include homes built between 1970-1999 ( 27.40%) and housing constructed before 1939 ( 22.52%). There's also some housing in Liberty built between 2000 and later ( 14.54%).

Vacant housing appears to be an issue in Liberty. Fully 17.18% of the housing stock is classified as vacant. Left unchecked, vacant Liberty homes and apartments can be a drag on the real estate market, holding Liberty 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.

Liberty Home Appreciation Rates

Homes have actually lost value in Liberty over the last then years, as home values have seen a decline of 37.22% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Liberty home appreciation rates at -0.56%, which equates to an annual appreciation rate of -2.23%.

Over the last year, Liberty appreciation rates have trailed the rest of the nation. In the last twelve months, Liberty's appreciation rate has been -6.24%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Liberty were at -0.56%, which equates to an annual appreciation rate of -2.23%.

Notably, Liberty's appreciation rate in the latest quarter is one of the lowest in America.

Relative to New York, our data show that Liberty's latest annual appreciation rate is lower than 90% of the other cities and towns in New York.

Average Home Values


Median Home Value:


Value Range
> $873,000 1.9
$654,001 - $873,000 2.6
$436,001 - $654,000 0.3
$349,001 - $436,000 0.0
$262,001 - $349,000 0.8
$175,001 - $262,000 5.3
$87,001 - $175,000 47.8
$44,001 - $87,000 31.3
$0 - $44,000 10.0

Very Low for NY
Very Low for Nation

Value Relative to Nation Value Relative to State
82.7844837688972 89.0011223344557

Number Of Homes And Apartments:

Liberty Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
11.29% 0.62% 1 1
* 10 is highest

Rent & Ownership


Average Market Rent:
$928 / per month

Homeownership Rate

Owners 33.95
Renters 66.05
Vacant 17.18

Housing Market Details


Age of Homes

2000 or Newer 14.5
1970 - 1999 27.4
1940 - 1969 35.5
1939 or Older 22.5

Types of Homes

Single-Family 36.8
Townhomes 2.7
Small Apt. Buildings 23.5
Apt. Complexes 35.7
Mobile Homes 1.2
Other 0.0

Home Size

No Bedroom 6.05
1 Bedroom 32.99
2 Bedrooms 15.51
3 Bedrooms 34.16
4 Bedrooms 7.98
5 or more bedrooms 3.30