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Saturday, May 10, 2025

Gibson City home prices fall in March 2018

Webp re 8

The median sale price of a home sold in March 2018 in Gibson City fell by $124,801 while total sales decreased by 16.7%, according to BlockShopper.com.

In March 2018, there were five homes sold, with a median sale price of $39,000 - a 76.2% decrease over the $163,801 median sale price for the same period of the previous year. There were six homes sold in Gibson City in March 2017.

The median sales tax in Gibson City for the most recent year with available data, 2016, was $2,102, approximately 5.4% of the median home sale price for March 2018.

The following table compares Gibson City to other Ford County cities in March 2018:

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Elliott10-$110,000$0-
Paxton47-42.9%$101,000$45,000124.4%
Melvin10-$59,000$0-
Sibley21100%$47,250$72,500-34.8%
Gibson City56-16.7%$39,000$163,800.50-76.2%
Roberts12-50%$38,700$25,75050.3%
Piper City13-66.7%$10,000$26,000-61.5%

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