From January through March of 2017, there were nine homes sold, with a median sale price of $122,500 - a 109.4% increase over the $58,500 median sale price for the same period of the previous year. There were 18 homes sold in Gibson City in the first quarter of 2016.
The median sales tax in Gibson City for the most recent year with available data, 2016, was $2,102, approximately 1.7% of the median home sale price for the first quarter of 2017.
The following table compares Gibson City to other Ford County cities in the first quarter of 2017:
| City | Jan. - Mar. 2017 Home Sales | Jan. - Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2017 Median Sales Price | Jan. - Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Gibson City | 9 | 18 | -50% | $122,500 | $58,500 | 109.4% |
| Sibley | 1 | 0 | - | $72,500 | $0 | - |
| Piper City | 7 | 2 | 250% | $70,000 | $28,750 | 143.5% |
| Paxton | 19 | 14 | 35.7% | $65,900 | $46,950 | 40.4% |
| Roberts | 2 | 2 | 0% | $25,750 | $10,000 | 157.5% |
| Melvin | 0 | 2 | -100% | $0 | $76,250 | -100% |
| Elliott | 0 | 1 | -100% | $0 | $120,000 | -100% |
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