Gibsonburg, OH is a great place to live when it comes to housing. The median value of houses in Gibsonburg is $154,700, which is much lower than the US median housing value of $338,100. This means that average homeowners are able to affordably purchase a house in Gibsonburg. Additionally, the recent one year house appreciation rate for Gibsonburg is 12.50%, which is higher than the national average of 8.27%. This indicates that the housing market in Gibsonburg has seen an increase in values recently and this trend will likely continue going forward.
The median home cost in Gibsonburg is $154,700. Home appreciation the last 10 years has been 67.7%. Home Appreciation in Gibsonburg is up 14.1%.
Average Age of Homes
- The median age of Gibsonburg real estate is 73 years old
The Rental Market in Gibsonburg
- Renters make up 25.0% of the Gibsonburg population
- 1.9% of houses and apartments in Gibsonburg, 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.