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Libertyville

Learn about the people, housing, costs and businesses in Libertyville, Iowa

Median Home$163,200
Median Rent$1,011/month
Population277
Leading IndustriesPublic Administration · Retail · Wholesale Trade30% public administration
Home Value Growth-4.5% over 2 years
Retirees27% of residentsabove average nationally
Homeowners79% of occupied units
Libertyville
IA

Frequently Asked Questions

What are today's mortgage rates in Libertyville?

As of today, the 30-year fixed mortgage rate for Libertyville is approximately 6.978% (7.020% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Libertyville?

The median home value in Libertyville is $163k. The median monthly rent is $1,011. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Libertyville?

Home values in Libertyville have decreased 4.5% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Libertyville?

Based on a typical all-in ownership cost of $1,000/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Libertyville is $63k/year.

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What industries drive the economy in Libertyville?

The largest employment sectors in Libertyville are public administration (30%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.