Is Gibsonton, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Gibsonton was a Seller's Market.
Key Takeaway
Gibsonton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Gibsonton, FL
How much do homes in Gibsonton, FL cost?
Median Sold Price
$336,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Gibsonton have sold for 0.6% less than they did a year ago.
Summary: The median home sold price in Gibsonton was $336,000 in June 2024, down 0.6% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | - | N/A |
| 2 Bedrooms | $232K | $226.5K | -2.4% |
| 3 Bedrooms | $325K | $318.7K | -1.9% |
| 4 Bedrooms | $373K | $375.5K | +0.7% |
| 5+ Bedrooms | $462.5K | $410K | -11.4% |
Summary: Gibsonton housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.4%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 11.4%.
Median Sold Price Compared To Nearby Cities
| Palm River-Gibsonton | $325.1K | $337.7K | +3.9% |
| Riverview | $386K | $398.4K | +3.2% |
| Gibsonton | $338K | $336K | -0.6% |
| Apollo Beach | $476.7K | $466K | -2.2% |
| Ruskin | $360.1K | $350.1K | -2.8% |
Housing Supply in Gibsonton, FL
How many homes are available in Gibsonton, FL?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 79 | 89 | +12.7% |
Summary: The Gibsonton real estate market had 89 homes for sale in June 2024, a 12.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 43 | 47 | +9.3% |
| 4 Bedrooms | 18 | 23 | +27.8% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Gibsonton housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Gibsonton, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Gibsonton in June 2024, down by 7.1% month-over-month. Of the 13 sold homes, 54% were sold under asking, 38% were sold at asking, and 8% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 45 Days | 45 Days | 0.0% |
Summary: Homes in Gibsonton had an average of 45 days on market in Jun 2024, the same as last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gibsonton are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 13 homes were sold in Gibsonton; 62% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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