Liberty, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Liberty Neighborhoods Since 2000




Liberty, TX Real Estate Data


Liberty Housing Market Information

With a population of 9,039, 2,885 total housing units (homes and apartments), and a median house value of $115,447, 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 74.05% of the city's housing units. Other types of housing that are prevalent in Liberty include mobile homes or trailers ( 8.40%), large apartment complexes or high rise apartments ( 6.46%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.31%).

The most prevalent building size and type in Liberty are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 64.59% owning and 35.41% renting.

There is a lot of housing in 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 Liberty built between 1940-1969 ( 34.26%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.95%). There's also some housing in Liberty built before 1939 ( 3.17%).

Vacant housing appears to be an issue in Liberty. Fully 15.30% 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

In the last 10 years, Liberty has experienced some of the highest home appreciation rates of any community in the nation. Liberty real estate appreciated 33.63% over the last ten years, which is an average annual home appreciation rate of 2.94%, putting Liberty in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Liberty 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, Liberty appreciation rates have trailed the rest of the nation. In the last twelve months, Liberty's appreciation rate has been 3.26%, 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 1.83%, which equates to an annual appreciation rate of 7.53%.

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

Average Home Values

 

Median Home Value:
$115,447

Liberty, TX HOME PRICES

Value Range
> $1,183,000 0.2
$887,001 - $1,183,000 1.2
$592,001 - $887,000 0.2
$473,001 - $592,000 0.1
$355,001 - $473,000 4.6
$237,001 - $355,000 4.9
$119,001 - $237,000 34.3
$59,001 - $119,000 37.5
$0 - $59,000 17.1

Average for TX
Low for Nation

Value Relative to Nation Value Relative to State
68.9699595947766 52.3300970873786

Number Of Homes And Apartments:
2,885

Rent & Ownership

 

Average Market Rent:
$712 / per month

Homeownership Rate

Homeownership
Owners 64.59
Renters 35.41
Vacant 15.30

Housing Market Details

 

Age of Homes

AGE OF Liberty HOMES
2000 or Newer 9.0
1970 - 1999 53.6
1940 - 1969 34.3
1939 or Older 3.2

Types of Homes

TYPE OF Liberty HOMES
Single-Family 74.0
Townhomes 4.3
Small Apt. Buildings 6.3
Apt. Complexes 6.5
Mobile Homes 8.4
Other 0.4

Home Size

SIZE OF Liberty HOMES
No Bedroom 2.50
1 Bedroom 6.22
2 Bedrooms 24.49
3 Bedrooms 52.85
4 Bedrooms 13.95
5 or more bedrooms 0.00

Liberty Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
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
58.16% 2.73% 4 7
* 10 is highest

Popular Neighborhoods in Liberty

Zip Codes in Liberty, TX