Gibbon, MN is a great place to live, with its housing median value of $176,600 being much lower than the US House median value of $338,100. The 1 year house appreciation in Gibbon is also lower than the US average, at 6.82%, compared with 8.27%. Despite the lower values, this makes it an attractive area for prospective homeowners looking for an affordable home in a desirable location.
The median home cost in Gibbon is $176,600. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Gibbon is up 11.0%.
Average Age of Homes
- The median age of Gibbon real estate is 62 years old
The Rental Market in Gibbon
- Renters make up 18.5% of the Gibbon population
- 2.4% of houses and apartments in Gibbon, 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.