The housing market in 55335 Gibbon, MN is estimated to have a median value of $184,600. This is significantly lower than the US house median value of $338,100. The one year appreciation rate for houses in the US is 8.27%, while in Gibbon, MN it is 6.82%. This indicates that the housing market in Gibbon is growing at a slightly slower pace than other areas across the country. Despite this, the area still offers homes with great value and potential for appreciation over time.
The median home cost in Gibbon (zip 55335) is $184,600. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Gibbon (zip 55335) is up 11.0%.
Average Age of Homes
- The median age of Gibbon (zip 55335) real estate is 66 years old
The Rental Market in Gibbon (zip 55335)
- Renters make up 14.8% of the Gibbon (zip 55335) population
- 2.0% of houses and apartments in Gibbon (zip 55335), 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.