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Saturday, May 10, 2025

Gibson City home prices fall in August 2017

Webp realestate2

The median sale price of a home sold in August 2017 in Gibson City fell by $47,250 while total sales decreased by 25%, according to BlockShopper.com.

In August 2017, there were three homes sold, with a median sale price of $93,000 - a 33.7% decrease over the $140,250 median sale price for the same period of the previous year. There were four homes sold in Gibson City in August 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 August 2017.

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

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Roberts110%$750,000$30,0002400%
Gibson City34-25%$93,000$140,250-33.7%
Paxton13785.7%$65,900$110,000-40.1%
Piper City34-25%$27,500$49,750-44.7%
Sibley00-$0$0-
Melvin00-$0$0-
Elliott00-$0$0-

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