Is Gibsonton, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Gibsonton has remained a Seller's Market.
Housing Prices in Gibsonton, FL
How much do homes in Gibsonton, FL cost?
Median Sold Price
$344,900
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Gibsonton was $344,900 in March 2024, down 1.5% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $185K | - | N/A |
2 Bedrooms | $230K | $234.9K | +2.1% |
3 Bedrooms | $335K | $315K | -6.0% |
4 Bedrooms | $376K | $375K | -0.3% |
5+ Bedrooms | $438K | $420.5K | -4.0% |
Summary: Gibsonton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.1%, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 4%.
Median Sold Price Compared To Nearby Cities
Palm River-Gibsonton | $333.4K | $330.9K | -0.8% |
Gibsonton | $350K | $344.9K | -1.5% |
Riverview | $395.2K | $389.3K | -1.5% |
Ruskin | $370.3K | $353.9K | -4.4% |
Apollo Beach | $495.1K | $465K | -6.1% |
Housing Supply in Gibsonton, FL
How many homes are available in Gibsonton, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
74 | 82 | +10.8% |
Summary: The Gibsonton real estate market had 82 homes for sale in March 2024, a 10.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 10 | 11 | +10.0% |
3 Bedrooms | 36 | 40 | +11.1% |
4 Bedrooms | 20 | 23 | +15.0% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Gibsonton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 15%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 17 | +70.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Gibsonton in March 2024, up by 70.0% month-over-month. Of the 17 sold homes, 53% were sold under asking, 29% were sold at asking, and 18% were sold over asking.
Days on Market for Gibsonton, FL
How long does it take to sell a home in Gibsonton, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
62 Days | 78 Days | +26.3% |
Summary: Homes in Gibsonton had an average of 78 days on market in Mar 2024, up by 26.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in Gibsonton; 24% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.