$1,603 Closing Credit*
$135,000
2 Beds
•1 Full Bath
Doreen Hallenberger, Listing Office: RE/MAX REVOLUTION
Is Gibson County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Gibson County has remained a Seller's Market.
Key Takeaway
Gibson County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gibson County, IN
How much do homes in Gibson County, IN cost?
Median Sold Price
$194,900
$125/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$16,050(-7.6%)
Key Takeaway
Homes in Gibson County have sold for 7.6% less than they did a month ago.
Summary: The median home sold price in Gibson County was $194,900 in November 2024, down 7.6% from last month, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $42.2K | $100K | +136.7% |
| 2 Bedrooms | $134.9K | $147.2K | +9.2% |
| 3 Bedrooms | $241K | $200.4K | -16.8% |
| 4 Bedrooms | $286.4K | $295K | +3.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Gibson County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes increased by 136.7%, 2 bedroom homes increased by 9.2%, 3 bedroom homes decreased by 16.8%, 4 bedroom homes increased by 3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Pike County | $105K | $139.5K | +32.9% |
| Vanderburgh County | $187.7K | $200K | +6.5% |
| Warrick County | $280K | $292.5K | +4.5% |
| Gibson County | $210.9K | $194.9K | -7.6% |
Housing Supply in Gibson County, IN
How many homes are available in Gibson County, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 118 | 113 | -4.2% |
Summary: The Gibson County real estate market had 113 homes for sale in November 2024, a 4.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 3 | -40.0% |
| 2 Bedrooms | 33 | 35 | +6.1% |
| 3 Bedrooms | 58 | 52 | -10.3% |
| 4 Bedrooms | 20 | 19 | -5.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Gibson County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 6.1%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 33 | +3.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gibson County, you could pay more than the asking price. 40.7% of homes here sold above asking price last month.
Summary: A total of 33 homes were sold or pending in Gibson County in November 2024, up by 3.1% month-over-month. Of the 27 sold homes, 37% were sold under asking, 22% were sold at asking, and 41% were sold over asking.
Days on Market for Gibson County, IN
We’re sorry, we don't have information for this market at the moment
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.