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Saturday, May 10, 2025

Gibson City home prices rise in 2019

Webp re 14

The median sale price of a home sold in 2019 in Gibson City rose by $15,000 while total sales decreased by 23%, according to BlockShopper.com.

From January through December of 2019, there were 57 homes sold, with a median sale price of $105,000 - a 16.7% increase over the $90,000 median sale price for the previous year. There were 74 homes sold in Gibson City in 2018.

The median sales tax in Gibson City for the most recent year with available data, 2016, was $2,102, approximately 2% of the median home sale price for 2019.

The following table compares Gibson City to other Ford County cities in 2019:

CityJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Gibson City5774-23%$105,000$90,00016.7%
Elliott58-37.5%$95,000$71,05033.7%
Paxton7685-10.6%$78,950$81,000-2.5%
Melvin917-47.1%$45,000$39,90012.8%
Piper City913-30.8%$39,900$80,000-50.1%
Sibley79-22.2%$38,500$45,000-14.4%
Roberts79-22.2%$36,900$38,700-4.7%

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