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Saturday, November 23, 2024

Gibson City home prices fall in April 2017

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The median sale price of a home sold in April 2017 in Gibson City fell by $750 while total sales decreased by 50%, according to BlockShopper.com.

In April 2017, there were four homes sold, with a median sale price of $118,000 - a 0.6% decrease over the $118,750 median sale price for the same period of the previous year. There were eight homes sold in Gibson City in April 2016.

The median sales tax in Gibson City for the most recent year with available data, 2016, was $2,102, approximately 1.8% of the median home sale price for April 2017.

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

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Gibson City48-50%$118,000$118,750-0.6%
Paxton38-62.5%$85,000$42,500100%
Piper City12-50%$31,000$5,750439.1%
Elliott10-$20,000$0-
Roberts20-$14,500$0-
Sibley00-$0$0-
Melvin01-100%$0$60,000-100%

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