The housing market in Gibson City, IL (60936) is more affordable than the national median. The median value of homes in Gibson City is $135,400, while the US median is $328,100. Although the rate of appreciation has been lower in Gibson City than the national average (7.34% compared to 8.27%), it is still a great time to buy or invest in this area. With its low cost of living and potentially higher returns on investment than found elsewhere, now could be an ideal time for those who want to purchase a home or begin investing in Gibson City.
The median home cost in Gibson City (zip 60936) is $135,400. Home appreciation the last 10 years has been 52.8%. Home Appreciation in Gibson City (zip 60936) is up 15.4%.
Average Age of Homes
- The median age of Gibson City (zip 60936) real estate is 60 years old
The Rental Market in Gibson City (zip 60936)
- Renters make up 29.6% of the Gibson City (zip 60936) population
- 0.0% of houses and apartments in Gibson City (zip 60936), 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.