The housing market in 43431 Gibsonburg, OH is thriving. The median value of homes there is currently $162,000, which is significantly lower than the US median value of $338,100. In the past year the US has seen an 8.27% appreciation in house values while 43431 Gibsonburg experienced a 12.50%, showing that this area is seeing a greater appreciation then the national average. This could indicate that investing in real estate in this area may be a wise decision for those looking to purchase and sell residential property and can be a great opportunity for potential homeowners who want to live in 43431 Gibsonburg.
The median home cost in Gibsonburg (zip 43431) is $162,000. Home appreciation the last 10 years has been 67.7%. Home Appreciation in Gibsonburg (zip 43431) is up 14.1%.
Average Age of Homes
- The median age of Gibsonburg (zip 43431) real estate is 64 years old
The Rental Market in Gibsonburg (zip 43431)
- Renters make up 19.3% of the Gibsonburg (zip 43431) population
- 1.0% of houses and apartments in Gibsonburg (zip 43431), 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.