Gibson County Housing Market Report December 2024Gibson County, Indiana

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Housing Prices in Gibson County, IN

How much do homes in Gibson County, IN cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Gibson County is a Seller's Market

Difference Since November 2024

Last month, Gibson County has remained a Seller's Market.

Insight

Gibson County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$209,000$116/SqFt
+$14,100
+7.2%

Based on all homes sold in December 2024

Insight

Homes in Gibson County have sold for 7.2% more than they did a month ago.

Summary: The median home sold price in Gibson County was $209,000 in December 2024, up 7.2% from last month, and the median price per square foot was $116.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Wabash County
+77.6%
Pike County
+25.4%
Warrick County
+8.0%
Gibson County
+7.2%
Vanderburgh County
-8.5%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsNov 2024Dec 2024Change MoM
1$100K-
N/A
2$147.2K$126.4K
-14.1%
3$200.4K$263.5K
+31.5%
4$295K$185K
-37.3%
5-$190K
N/A

Summary: Gibson County housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -14.1%. The home price for 3 bedroom homes increased by +31.5%. The home price for 4 bedroom homes decreased by -37.3%. The home price for 5 bedroom homes did not change.

Housing supply in Gibson County, IN

How many homes are available in Gibson County, IN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
102Last MonthDec 2024
1122 months agoNov 2024
-8.9 %
Change MoMNov – Dec

Summary: The Gibson County real estate market had 102 homes for sale in Dec 2024, a 8.9 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
32Last MonthDec 2024
282 months agoNov 2024
+14.3 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
131
-66.7%
23533
-5.7%
35250
-3.8%
41813
-27.8%
545
+25.0%

Summary: Gibson County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -66.7%. The inventory for 2 bedroom homes decreased by -5.7%. The inventory for 3 bedroom homes decreased by -3.8%. The inventory for 4 bedroom homes decreased by -27.8%. The inventory for 5 bedroom homes increased by +25.0%.

Asking Price vs. Sold Price

How much do homes in Gibson County, IN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price5 Homes

At Asking Price3 Homes

Under Asking Price17 Homes

Insight

If you're buying a home in Gibson County, you may be able to get a good deal. 68% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in Gibson County in December 2024, up by 14.3% month-over-month. Of the 25 sold homes, 68% were sold under asking, 12% were sold at asking, and and 20% were sold over asking.

Days on Market for Gibson County, IN

How long does it take to sell a home in Gibson County, IN?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Most homes in Gibson County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 32 homes were sold in Gibson County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
152 DaysLast MonthDec 2024
0 Days1 month agoNov 2024
0.0 %
Change MoMNov – Dec

Summary: Homes in Gibson County had an average listing age of 152 days in Dec 2024, down by .0% compared to the previous month.

Newest Listings in Gibson County, IN

What homes are available in Gibson County, IN?

MLS Disclaimers and Copyright

Based on information from Indiana Regional MLS, for the period 11/01/2024 - 01/01/2025

IDX 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. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/19/2025, 11:55:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.