Liberty Lake, WA—99019
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Liberty Lake, WA
As of Oct '25, the median home price in Liberty Lake, WA is $568,000, with a year-over-year change of -0.6%. This indicates that home prices in Liberty Lake, WA are flat. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $568,000 | -0.6% |
| Single Family | $587,000 | -0.5% |
| Condos | $308,000 | -2.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $461,000 | -1.1% |
2 Bed | $433,000 | -0.2% |
3 Bed | $536,000 | -0.2% |
4 Bed | $621,000 | -0.6% |
| 5 Bed | $752,000 | -0.7% |
% of Housing Stock
Rental Trends — Liberty Lake, WA
As of July '25, Rentcast reports the average rent in Liberty Lake, WA is $2,400, with a year-over-year rent change of -2.8%. Per bedroom, the median rent as of July '25 in Liberty Lake, WA is 1-bedrooms: $1,470, 2-bedrooms: $1,800, 3-bedrooms: $2,680, 4-bedrooms: $3,200. The most common rental property sizes in Liberty Lake, WA are 2-bedroom and 3-bedroom, accounting for 54.3% and 19.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,450 | $2,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,470 |
| 2 Bed Rent | $1,700 | $1,800 |
| 3 Bed Rent | $2,650 | $2,680 |
| 4 Bed Rent | $3,200 | $3,200 |
% of Rental Stock
Property Listings — Liberty Lake, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Liberty Lake, WA is 42. This is a decrease of -10.0% from last year, suggesting that homes are sitting on the market shorter 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 | $606,000 | -10.0% |
Listing Count | 115 | 8.0% |
| Listings as % of Homes | 1.4% | 8.0% |
Days on Market | 42 | -10.0% |
Demographics — Liberty Lake, WA
As of the latest ACS Survey released in 2023, Liberty Lake, WA has a population of 12,100, which has increased by 4.2% over the past 5 years. Liberty Lake, WA is a popular place for families, as children make up 29.5% of the population. The area has a highly educated workforce, with 47.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,100 | 4.2% |
% Under 18 | 29.5% | 10.1% |
% Seniors | 19.1% | 37.4% |
% WFH | 21.3% | 67.7% |
% w/ College Degree | 47.7% | -1.4% |
As of the latest ACS Survey released in 2023, Liberty Lake, WA is a predominantly white area, with 92.7% of the population identifying as white. The white population has grown by 5.3% in the last 5 years. The second most common race or ethnicity in Liberty Lake, WA is hispanic, making up 2.3% of the population. Foreign-born residents account for 1.4% of the population in Liberty Lake, WA, and this percentage has decreased by 65.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.7% | 5.3% |
% Black | 0.4% | -55.6% |
% Hispanic | 2.3% | -46.5% |
% Asian | 0.9% | -75.0% |
% Foreign Born | 1.4% | -65.0% |
Mortgage and Risk — Liberty Lake, WA
According to HUD data as of 2023, there were 346 mortgage originations in Liberty Lake, WA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Liberty Lake, WA. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 346 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Liberty Lake, WA
As of 2024, the percent of homes in Liberty Lake, WA under the Section 8 program is 1.8%. 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. In Liberty Lake, WA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 26 |
Total Units Section 8 | 26 |
% Rentals under Section 8 | 1.8% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $90 | $1,500 | $1,590 |
| 2 Bedroom | $350 | $1,700 | $2,050 |
| 3 Bedroom | $190 | $2,650 | $2,840 |
| 4 Bedroom | $120 | $3,200 | $3,320 |
Affordability — Liberty Lake, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $568,000 |
| Median Household Income | $107,000 |