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North Liberty Housing Information

IndexNorth LibertyIowaNational
Median home price$188,400$132,800$184,700
Median rent asked$1,054$715$949
Avg. people per household2.52.42.6
Owner occupied households68.1%71.1%63.6%
Renter occupied households31.9%28.9%36.4%
A general summary of the real estate market in North Liberty, IA is listed above. Properties in North Liberty, IA average a cost of $188,400, which is 42% higher than the median home price for real estate located in Iowa. This means that the region of North Liberty, IA is, on average, less affordable when compared to the remainder of Iowa. Since tenants living in North Liberty, IA will pay an average of $1,054, the median rental cost is 47% higher than in Iowa. 68.1% of people in North Liberty, IA own their own homes, and an average of 2.5 people inhabit each property. North Liberty, IA has many assorted real estate listings available. These range from urban townhouses to inexpensive condos to luxurious residences. We make finding homes for sale and browsing real estate listings effortless. Simply use the search function above, and obtain filtered results according to price, location, bathrooms and bedrooms.

North Liberty Home Affordability

When starting your search for real estate in North Liberty, IA, it is crucial to consider home affordability. When calculating home affordability, the ratio of home price to median household income is one of the methods that is applicable in doing so. On average, a home in North Liberty, IA costs $188,400 while each household has an average income of $77,752. Consequently, the ratio of home price to household income is 2.4x; this ratio is equal to the average in Iowa. Calculating the home affordability ratio involves dividing the average price of a home by the average income of homes in North Liberty, IA. When the ratio of home price to income is relatively low, the implication is that homes are more affordable on the basis of the home price in comparison with the home income. Note that besides home price to median household income ratio, there are various other factors to put into consideration when determining if home affordability exists. Check the home affordability calculator shown below to calculate how much you can afford to pay for real estate in North Liberty, IA.

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
East Amana, IA40$0100%
Oxford, IA874$138,60025%
West Branch, IA2,581$139,50024%
Lisbon, IA1,908$149,90019%
Hills, IA730$151,90018%
North Liberty, IA16,984$188,4002%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Moraga, CA16,977$971,700426%
Country Walk, FL16,975$262,60042%
Clarksdale, MS16,994$62,10066%
Greenfield, CA16,994$230,30025%
Merrifield, VA17,000$466,900153%
North Liberty, IA16,984$188,4002%

Source: The North Liberty, IA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).
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