The housing market in Gibson, IA is doing well with a median value of $75,200. This is significantly lower than the US median house value of $338,100. However, the one year house appreciation rate in Gibson, IA has risen to 10.80%, which is higher than the US one year appreciation rate of 8.27%. This suggests that people are investing in the local real estate market and that it is a good place for potential buyers to consider when looking for a new home.
The median home cost in Gibson is $75,200. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Gibson is up 16.4%.
Average Age of Homes
- The median age of Gibson real estate is 54 years old
The Rental Market in Gibson
- Renters make up 40.6% of the Gibson population
- 0.0% of houses and apartments in Gibson, 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.