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Featured local agent — Liberty Lake, WA
Sarah Mitchell
Compass Real Estate · Liberty Lake, WA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Liberty Lake, WA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$509,720median sale price
How is the Liberty Lake, WA housing market right now?
The median home sale price in Liberty Lake, WA is $509,720, down 16.2% year-over-year. Homes sell in an average of 43 days with 67 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Liberty Lake a buyer's or seller's market?
Liberty Lake, WA is currently a seller's market, based on 2.3 months of supply and homes selling in about 43 days. How we determine this →
Homes sold
29
Last 12 weeks
Days on market
43
Average pace
Active listings
67
2.3 months supply
Sale-to-list
99.7%
Below asking
What does the Liberty Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $509,720 |
| Median list price | $499,900 |
| Year-over-year price change | -16.2% |
| Average days on market | 43 days |
| Active inventory | 67 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 99.7% |
| Median price per sq ft | $246/sq ft |
| Homes sold (latest month) | 29 |
| New listings (latest month) | 39 |
| Listings with a price cut | 44.8% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Liberty Lake by property type?
How the Liberty Lake, WA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $515,000 | $235/sq ft | 27 | 43 days |
| Condo / Co-op | $293,500 | $288/sq ft | 2 | 37 days |
Source: Redfin · Updated monthly
The Liberty Lake housing market is currently classified as a seller's market with a median sale price of $509,720. Prices have fallen 16.2% compared to last year, with homes spending an average of 43 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.4x provides context for how home values compare to local earning capacity.
Homes for sale in Liberty Lake
There are currently 67 homes listed for sale in Liberty Lake, Washington. The median listing price is $500K.
Active listings
67
Homes on market
Median list price
$500K
Avg. days on market
43
Days until sale
New this week
39
Newly listed
Who lives in Liberty Lake?
Population
12,435
Median income
$105,599/yr
Median age
37.4 years
Owner-occupied
68.1%
College grads
45.2%
Avg commute
21.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Liberty Lake?
Zillow home value
$568,098
Zillow rent index
$1,834/mo
Price-to-rent ratio
25.8x
Price-to-income
5.4x
Source: Zillow Research
What is it like to live in Liberty Lake?
Liberty Lake is a community of approximately 12K residents with a median age of 37.4 years.The median household income is $105,599, which reflects a relatively affluent area with strong earning potential. 45.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 68.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Liberty Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Liberty Lake?
5 schools tracked · 3,209 students
The largest public schools serving Liberty Lake, WA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Ridgeline High School
Grades 9-12 · 1,538 students
Selkirk Middle School
Grades 6-8 · 566 students
Liberty Creek Elementary School
Grades K-2 · 537 students
Liberty Lake Elementary
Grades 3-5 · 487 students
CVSD Open Doors Programs
Grades 10-12 · 81 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Liberty Lake, WA?
Want a head-to-head view? Compare Liberty Lake side-by-side with any other U.S. city using our market-comparison tool.
Is Liberty Lake a good real estate investment market?
For investors evaluating Liberty Lake, the price-to-rent ratio of 25.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 16.2% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Liberty Lake's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Liberty Lake's median home price.
Frequently asked questions
What is the average home price in Liberty Lake?
The median home sale price in Liberty Lake is $509,720, down 16.2% from last year.
How long do homes stay on market in Liberty Lake?
Homes typically spend 43 days on market before going under contract.
What is the median income in Liberty Lake?
The median household income is $105,599 per year.
Is Liberty Lake a buyer's or seller's market?
With 2.3 months of supply, Liberty Lake is currently a seller's market.
What is the Zillow home value estimate for Liberty Lake?
The Zillow Home Value Index (ZHVI) for Liberty Lake is $568,098, representing the typical home value in the area.
What is the median condo price in Liberty Lake?
The median condo/co-op sale price in Liberty Lake, WA is $293,500, compared to $515,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Liberty Lake?
The median single-family home price in Liberty Lake, WA is $515,000 (about $235 per square foot).
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