Gibson City, IL is a great place to consider for housing. The median value of housing in Gibson City, IL is $141,300 which is lower than the US median value of $338,100. This makes it an excellent option for people looking for more affordable housing options. In addition, the 1 year appreciation rate in Gibson City is 7.34%, slightly lower than the national average of 8.27%. With this appreciation rate and lower median value, Gibson City is an attractive option for potential homeowners who are looking to invest in real estate.
The median home cost in Gibson City is $141,300. Home appreciation the last 10 years has been 52.8%. Home Appreciation in Gibson City is up 15.4%.
Average Age of Homes
- The median age of Gibson City real estate is 61 years old
The Rental Market in Gibson City
- Renters make up 33.3% of the Gibson City population
- 0.0% of houses and apartments in Gibson City, 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.