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Saturday, May 10, 2025

Gibson City home prices fall in December 2017

Webp re 12

The median sale price of a home sold in December 2017 in Gibson City fell by $29,660 while total sales decreased by 50%, according to BlockShopper.com.

In December 2017, there were two homes sold, with a median sale price of $90,341 - a 24.7% decrease over the $120,000 median sale price for the same period of the previous year. There were four homes sold in Gibson City in December 2016.

The median sales tax in Gibson City for the most recent year with available data, 2016, was $2,102, approximately 2.3% of the median home sale price for December 2017.

The following table compares Gibson City to other Ford County cities in December 2017:

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Piper City12-50%$112,500$30,150273.1%
Gibson City24-50%$90,340.50$120,000-24.7%
Paxton103233.3%$55,790$58,000-3.8%
Sibley01-100%$0$48,000-100%
Melvin00-$0$0-
Roberts04-100%$0$29,000-100%
Elliott00-$0$0-

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