Kim James, Listing Office: ERA FIRST ADVANTAGE REALTY, INC
Gibson County Housing Market Report December 2024•Gibson County, Indiana
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?
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.
Gibson County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in December 2024
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
City | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
Wabash County | $182K | $323.2K | +77.6% |
Pike County | $139.5K | $175K | +25.4% |
Warrick County | $295K | $318.5K | +8.0% |
Gibson County | $194.9K | $209K | +7.2% |
Vanderburgh County | $203.2K | $186K | -8.5% |
Median Sold Price By Bedrooms
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | $100K | - | N/A |
22 Bedrooms | $147.2K | $126.4K | -14.1% |
33 Bedrooms | $200.4K | $263.5K | +31.5% |
44 Bedrooms | $295K | $185K | -37.3% |
55+ Bedrooms | - | $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
Last Month | 2 months ago | Change 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
Last Month | 2 months ago | Change MoM |
---|---|---|
32Last MonthDec 2024 | ||
282 months agoNov 2024 | +14.3 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 3 | 1 | -66.7% |
22 Bedrooms | 35 | 33 | -5.7% |
33 Bedrooms | 52 | 50 | -3.8% |
44 Bedrooms | 18 | 13 | -27.8% |
55+ Bedrooms | 4 | 5 | +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?
Over Asking Price5 Homes
At Asking Price3 Homes
Under Asking Price17 Homes
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
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
Last Month | 1 month ago | Change 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.
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Newest Listings in Gibson County, IN
What homes are available in Gibson County, IN?
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MLS Disclaimers and Copyright
Based on information from Indiana Regional MLS, for the period 11/01/2024 - 01/01/2025
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.