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Gibson City home prices rise in February 2019

Webp re 8

The median sale price of a home sold in February 2019 in Gibson City rose by $74,950 while total sales decreased by 50%, according to BlockShopper.com.

In February 2019, there were two homes sold, with a median sale price of $142,450 - a 111% increase over the $67,500 median sale price for the same period of the previous year. There were four homes sold in Gibson City in February 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 February 2019.

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

CityFeb. 2019 Home SalesFeb. 2018 Home Sales% change (Total Home Sales)Feb. 2019 Median Sales PriceFeb. 2018 Median Sales Price% change (Median Sales Price)
Gibson City24-50%$142,450$67,500111%
Melvin10-$135,000$0-
Paxton5366.7%$71,000$42,00069%
Roberts10-$34,000$0-
Sibley10-$26,000$0-
Piper City00-$0$0-
Elliott00-$0$0-

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