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Saturday, May 10, 2025

Gibson City home prices rise in November 2019

Webp re 9

The median sale price of a home sold in November 2019 in Gibson City rose by $47,750 while total sales increased by 16.7%, according to BlockShopper.com.

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:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Gibson City7616.7%$140,000$92,25051.8%
Melvin41300%$60,000$8,900574.2%
Paxton7475%$59,900$69,000-13.2%
Piper City03-100%$0$45,000-100%
Sibley01-100%$0$85,000-100%
Roberts04-100%$0$37,000-100%
Elliott02-100%$0$36,550-100%

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