Is Gibson County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gibson County is a 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

$210,950

$136/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$48,500(+29.9%)

Key Takeaway

Homes in Gibson County have sold for 29.9% more than they did a month ago.

Summary: The median home sold price in Gibson County was $210,950 in October 2024, up 29.9% from last month, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $89.9K$42.2K
-53.0%
2 $111K$134.9K
+21.5%
3 $181.3K$241K
+32.9%
4 $175.7K$286.4K
+63.0%
5+ $348.6K-
N/A

Summary: Gibson County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 53%, 2 bedroom homes increased by 21.5%, 3 bedroom homes increased by 32.9%, 4 bedroom homes increased by 63%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Gibson County
+29.9%
Warrick County
+1.4%
Vanderburgh County
-1.3%
Pike County
-36.4%

Housing Supply in Gibson County, IN

How many homes are available in Gibson County, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
113119+5.3%

Summary: The Gibson County real estate market had 119 homes for sale in October 2024, a 5.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 65
-16.7%
2 2732
+18.5%
3 5659
+5.4%
4 2021
+5.0%
5+ 42
-50.0%

Summary: The Gibson County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 18.5%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3034+13.3%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gibson County, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in Gibson County in October 2024, up by 13.3% month-over-month. Of the 30 sold homes, 53% were sold under asking, 30% were sold at asking, and 17% 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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

Newest Listings in Gibson County, IN

Nearby Markets to Gibson County, IN

What housing markets are near Gibson County, IN?