In November 2019, there were seven homes sold, with a median sale price of $140,000 - a 51.8% increase over the $92,250 median sale price for the same period of the previous year. There were six homes sold in Gibson City in November 2018.
The median sales tax in Gibson City for the most recent year with available data, 2016, was $2,102, approximately 1.5% of the median home sale price for November 2019.
The following table compares Gibson City to other Ford County cities in November 2019:
City | Nov. 2019 Home Sales | Nov. 2018 Home Sales | % change (Total Home Sales) | Nov. 2019 Median Sales Price | Nov. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Gibson City | 7 | 6 | 16.7% | $140,000 | $92,250 | 51.8% |
Melvin | 4 | 1 | 300% | $60,000 | $8,900 | 574.2% |
Paxton | 7 | 4 | 75% | $59,900 | $69,000 | -13.2% |
Piper City | 0 | 3 | -100% | $0 | $45,000 | -100% |
Sibley | 0 | 1 | -100% | $0 | $85,000 | -100% |
Roberts | 0 | 4 | -100% | $0 | $37,000 | -100% |
Elliott | 0 | 2 | -100% | $0 | $36,550 | -100% |