Gibbstown, NJ is a great place to live and its housing market reflects that. According to the data, the median value of a house in Gibbstown is $259,200. This is significantly lower than the US median value of $338,100 and makes owning a home here very affordable. Additionally, the one-year house appreciation rate in Gibbstown was 15.62%, more than double the US average appreciation rate of 8.27%. This suggests that not only is buying a home in Gibbstown cost-effective now but it will potentially become even more valuable over time.
The median home cost in Gibbstown is $259,200. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Gibbstown is up 18.1%.
Average Age of Homes
- The median age of Gibbstown real estate is 59 years old
The Rental Market in Gibbstown
- Renters make up 13.2% of the Gibbstown population
- 1.6% of houses and apartments in Gibbstown, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.