In February 2020, there were five homes sold, with a median sale price of $139,000 - a 2.4% decrease over the $142,450 median sale price for the same period of the previous year. There were two homes sold in Gibson City in February 2019.
The median sales tax in Gibson City for the most recent year with available data, 2016, was $2,102, approximately 1.5% of the median home sale price for February 2020.
The following table compares Gibson City to other Ford County cities in February 2020:
City | Feb. 2020 Home Sales | Feb. 2019 Home Sales | % change (Total Home Sales) | Feb. 2020 Median Sales Price | Feb. 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Gibson City | 5 | 2 | 150% | $139,000 | $142,450 | -2.4% |
Piper City | 1 | 0 | - | $77,000 | $0 | - |
Paxton | 6 | 5 | 20% | $76,500 | $71,000 | 7.7% |
Melvin | 1 | 1 | 0% | $25,000 | $135,000 | -81.5% |
Elliott | 1 | 0 | - | $25,000 | $0 | - |
Sibley | 0 | 1 | -100% | $0 | $26,000 | -100% |
Roberts | 0 | 1 | -100% | $0 | $34,000 | -100% |