Gibson, MI Housing


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Gibson, MI has a median value of $194,300 for housing. This is significantly lower than the US House Median Value of $338,100. Despite this lower value, Gibson's 1 year House Appreciation rate is slightly higher than the US average at 9.86%. This indicates that although the house values are lower in Gibson than nationally, they are still rising and indicating growth in the housing market.

The median home cost in Gibson is $194,300. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Gibson is up 15.7%.

Average Age of Homes
- The median age of Gibson real estate is 43 years old
The Rental Market in Gibson
- Renters make up 11.8% 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingGibson, MichiganUnited States
  484.0139,647,020.0
  4442
  $194,300$338,100
  15.7%16.6%
  57.6%57.0%
  76.0%101.1%
  $17.73$10.98
  $1,437$2,690
  71.7%57.4%
  16.5%11.2%
  11.8%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  11.4%0.4%
  0.4%3.6%
  4.8%4.1%
  Value of Owner-Occupied Housing
  1.7%2.6%
  4.6%2.4%
  1.4%2.8%
  11.0%3.9%
  4.9%4.5%
  29.1%11.3%
  28.2%13.0%
  9.5%20.1%
  2.6%13.6%
  1.4%8.3%
  1.4%9.7%
  0.0%3.9%
  0.9%2.2%
  3.2%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  15.5%13.6%
  15.5%13.6%
  10.1%13.6%
  13.2%13.2%
  26.7%14.8%
  10.1%13.6%
  3.3%10.0%
  3.9%4.7%
  16.5%12.2%
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