North Liberty, IA—52317
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Liberty, IA
As of Oct '25, the median home price in North Liberty, IA is $301,000, with a year-over-year change of 3.4%. This indicates that home prices in North Liberty, IA are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $301,000 | 3.4% |
| Single Family | $352,000 | 3.2% |
| Condos | $181,000 | 3.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $166,000 | 4.4% |
3 Bed | $279,000 | 3.7% |
4 Bed | $392,000 | 2.9% |
| 5 Bed | $531,000 | 3.9% |
% of Housing Stock
Rental Trends — North Liberty, IA
As of July '25, Rentcast reports the average rent in North Liberty, IA is $1,480, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in North Liberty, IA is 1-bedrooms: $1,270, 2-bedrooms: $1,240, 3-bedrooms: $1,900, 4-bedrooms: $2,420. The most common rental property sizes in North Liberty, IA are 2-bedroom and 3-bedroom, accounting for 48.8% and 34.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,480 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,350 | $1,270 |
| 2 Bed Rent | $1,200 | $1,240 |
| 3 Bed Rent | $2,000 | $1,900 |
| 4 Bed Rent | $2,400 | $2,420 |
% of Rental Stock
Property Listings — North Liberty, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in North Liberty, IA is 51. This is a increase of 15.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $370,000 | -2.0% |
Listing Count | 160 | 48.0% |
| Listings as % of Homes | 1.0% | 48.0% |
Days on Market | 51 | 15.0% |
Demographics — North Liberty, IA
As of the latest ACS Survey released in 2023, North Liberty, IA has a population of 22,400, which has increased by 13.3% over the past 5 years. North Liberty, IA is a popular place for families, as children make up 28.3% of the population. The area has a highly educated workforce, with 54.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,400 | 13.3% |
% Under 18 | 28.3% | 4.4% |
% Seniors | 7.8% | 5.4% |
% WFH | 15.0% | 354.5% |
% w/ College Degree | 54.1% | 0.4% |
As of the latest ACS Survey released in 2023, North Liberty, IA is a predominantly white area, with 80.4% of the population identifying as white. The white population has shrunk by 6.0% in the last 5 years. The second most common race or ethnicity in North Liberty, IA is hispanic, making up 5.4% of the population. Foreign-born residents account for 8.1% of the population in North Liberty, IA, and this percentage has increased by 88.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 80.4% | -6.0% |
% Black | 4.4% | -10.2% |
% Hispanic | 5.4% | 22.7% |
% Asian | 4.6% | 43.8% |
% Foreign Born | 8.1% | 88.4% |
Mortgage and Risk — North Liberty, IA
According to HUD data as of 2023, there were 737 mortgage originations in North Liberty, IA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in North Liberty, IA. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 737 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — North Liberty, IA
As of 2024, the percent of homes in North Liberty, IA under the Section 8 program is 5.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in North Liberty, IA, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 141 |
Total Units Section 8 | 141 |
% Rentals under Section 8 | 5.0% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$280 | $1,350 | $1,070 |
| 2 Bedroom | $80 | $1,200 | $1,280 |
| 3 Bedroom | -$210 | $2,000 | $1,790 |
| 4 Bedroom | -$250 | $2,400 | $2,150 |
Affordability — North Liberty, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $301,000 |
| Median Household Income | $108,000 |