In July 2017, there were five homes sold, with a median sale price of $155,000 - a 13.9% decrease over the $180,000 median sale price for the same period of the previous year. There were five homes sold in Gibson City in July 2016, as well.
The median sales tax in Gibson City for the most recent year with available data, 2016, was $2,102, approximately 1.4% of the median home sale price for July 2017.
The following table compares Gibson City to other Ford County cities in July 2017:
City | July 2017 Home Sales | July 2016 Home Sales | % change (Total Home Sales) | July 2017 Median Sales Price | July 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Gibson City | 5 | 5 | 0% | $155,000 | $180,000 | -13.9% |
Paxton | 5 | 5 | 0% | $60,000 | $67,000 | -10.4% |
Melvin | 2 | 0 | - | $27,000 | $0 | - |
Piper City | 1 | 2 | -50% | $10,500 | $69,000 | -84.8% |
Sibley | 0 | 1 | -100% | $0 | $109,000 | -100% |
Roberts | 0 | 0 | - | $0 | $0 | - |
Elliott | 0 | 0 | - | $0 | $0 | - |