Housing Prices in Gibson County, TN
How much do homes in Gibson County, TN cost?
Median List Price
$217,450
$139/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Gibson County has decreased by 5.4% since last year.
Summary: The median home list price in Gibson County was $217,450 in May 2024, down 5.4% from the previous year, and the median price per square foot was $139.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $74.9K | $65K | -13.3% |
| 3 Bedrooms | $218.9K | $222.5K | +1.6% |
| 4 Bedrooms | $317.2K | $330K | +4.0% |
| 5+ Bedrooms | $479.9K | $644.7K | +34.4% |
Summary: Gibson County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 34.4%.
Median List Price Compared To Nearby Counties
| Dyer County | $176.9K | $198.9K | +12.4% |
| Gibson County | $229.9K | $217.4K | -5.4% |
| Madison County | $271K | $251K | -7.4% |
| Crockett County | $237.7K | $189.9K | -20.1% |
Housing Supply in Gibson County, TN
How many homes are available in Gibson County, TN?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 30 | 28 | -6.7% |
Summary: The Gibson County real estate market had 28 homes for sale in May 2024, a 6.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Gibson County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Gibson County, TN
How long does it take to sell a home in Gibson County, TN?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 171 Days | 144 Days | -15.3% |
Summary: Homes in Gibson County had an average listing age of 144 days in May 2024, down by 15.3% compared to the previous year.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.