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Sunday, September 22, 2024

Gibson City home prices fall in June 2019

Realestate1

The median sale price of a home sold in June 2019 in Gibson City fell by $12,750 while total sales decreased by 75%, according to BlockShopper.com.

In June 2019, there were two homes sold, with a median sale price of $76,750 - a 14.2% decrease over the $89,500 median sale price for the same period of the previous year. There were eight homes sold in Gibson City in June 2018.

The median sales tax in Gibson City for the most recent year with available data, 2016, was $2,102, approximately 2.7% of the median home sale price for June 2019.

The following table compares Gibson City to other Ford County cities in June 2019:

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Paxton6520%$95,500$79,00020.9%
Gibson City28-75%$76,750$89,500-14.2%
Elliott20-$71,000$0-
Piper City220%$42,000$68,750-38.9%
Sibley30-$20,000$0-
Melvin02-100%$0$88,950-100%
Roberts00-$0$0-

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