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Liberty Lake, WA

Full City Profile · Washington · Spokane County County

3.6 /5.0
B+ Good
12,435 Population 1,961/sq mi density
$105,599 Median Income $50,675 per capita
$506,000 Home Value $554,867 Zillow
$1,782 Median Rent 29.5% income on rent
50°F Avg Temperature 273 sunny days/yr
72 Violent Crime/100K 1,503 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$105,599 median income, 2.3% unemployment
B+
Affordability
4.0 / 5.0
$506,000 home value, $1,782/mo rent
F
Safety
1.0 / 5.0
72 violent crimes/100K
A+
Education
4.6 / 5.0
45.2% bachelor's degree or higher

Housing Overview

Median Home Value
$506,000
79% above
US avg: $281,900
Median Rent
$1,782/mo
53% above
US avg: $1,163/mo
Homeownership Rate
68.1%
4% above US avg (65.4%)
Total Housing Units
4,675
Median year built: 2003

Home Value by Source

Census Median
$506,000
Zillow (ZHVI)
$554,867
Median Sale Price
$444,950
Median List Price
$500,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

68.1%
Owner-Occupied
31.9%
Renter-Occupied
68%
32%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent: $1,782/mo · Zillow rent: $1,761/mo

Market Indicators (Redfin)

Median Days on Market
45 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
12
Price Drops
36.4%
of listings with price reduction
Price Per Sq Ft
$224
Active Inventory
55
homes for sale

Affordability & Housing Stock

Rent Burden
29.5%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
2003
Average age of housing stock: 23 years
Homeownership Rate
68.1%

Complete Housing Data

Home Values

Census Median Value$506,000
Zillow Home Value (ZHVI)$554,867
Median Sale Price$444,950
Median List Price$500,000
Price Per Sq Ft$224

Rent

Census Median Rent$1,782
Zillow Rent (ZORI)$1,761
FMR Studio$1,082
FMR 1-Bedroom$1,180
FMR 2-Bedroom$1,472
FMR 3-Bedroom$2,003
FMR 4-Bedroom$2,351

Market

Days on Market45
Sale-to-List Ratio1.0%
Price Drops36.4%
Homes Sold12
Active Inventory55
Price Per Sq Ft$224

Ownership & Stock

Owner-Occupied68.1%
Renter-Occupied31.9%
Homeownership Rate68.1%
Total Housing Units4,675
Median Year Built2003
Rent Burden29.5%