North Liberty's real estate market is experiencing a price correction, with values down 14.4% from last year. Home prices have increased 2.5% in the past month alone. With 2.3 months of supply, North Liberty's inventory levels remain relatively tight. Transaction volume is up 47% compared to what's typically expected this time of year. Approximately 20.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the North Liberty market with the affordability index at 83.3. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.