Home prices
The median home in Liberty Lake is valued at $286,200. Compared to the surrounding areas it is roughly $84,040 (41%) higher.It is roughly $68,700 (31%) higher compared to the entire nation, and in comparison to the city of Spokane is approximately $98,600 (52%) higher.
Rents
The median rent in Liberty Lake is $1,132 per month. Compared to its nearby areas it is about $164 (16%) higher.It is about $70 (6%) higher in comparison to the entire country, and it is about $266 (30%) higher compared to the city of Spokane.
Nearby places
Spokane Valley
Spokane Valley is Liberty Lake's neighbor to the west. Real estate prices there are substantially less expensive. The median home in Spokane Valley costs $204,700, which is $81,500 (39%) lower than Liberty Lake. The rent there is a bit less expensive. In Spokane Valley the median rent is $946 a month, which comes out to $186 (19%) lower than Liberty Lake.
Otis Orchards-East Farms
Otis Orchards-East Farms is about 2 miles north of Liberty Lake. Its housing prices are a bit less expensive. Otis Orchards-East Farms's median home cost is $231,200, which works out to $55,000 (23%) lower than Liberty Lake. Its rents are a little more expensive. Otis Orchards-East Farms's median rent is $1,336 per month, which is $204 (15%) higher than Liberty Lake.
Hauser
Hauser is about 6 miles northeast from Liberty Lake. Real estate prices there are a lot less expensive. The median home in Hauser costs $183,100, which is $103,100 (56%) lower than Liberty Lake. Rents there are a lot less expensive. In Hauser the median monthly rent is $763, which comes out to $369 (48%) lower than Liberty Lake.
Millwood
Millwood is roughly 7 miles west from Liberty Lake. The housing prices there are a lot less expensive. The median home value in Millwood is $173,700, which comes out to $112,500 (64%) lower than Liberty Lake. The rent there is substantially less expensive. In Millwood the median monthly rent is $781, which works out to $351 (44%) lower than Liberty Lake.
Post Falls
Post Falls is about 7 miles northeast from Liberty Lake. Its housing prices are a bit less expensive. The median home in Post Falls costs $218,100, which is $68,100 (31%) lower than Liberty Lake. Its rents are somewhat less expensive. Post Falls's median monthly rent is $1,013, which is $119 (11%) lower than Liberty Lake.