Is Gibsonton, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gibsonton is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Gibsonton has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Gibsonton, FL

How much do homes in Gibsonton, FL cost?

Median Sold Price

$343,000

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$7,000(-2.0%)

Key Takeaway

Homes in Gibsonton have sold for 2% less than they did a year ago.

Summary: The median home sold price in Gibsonton was $343,000 in April 2024, down 2% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $185K-
N/A
2 $230K$235K
+2.2%
3 $334.5K$316.3K
-5.4%
4 $375.5K$375.5K
0.0%
5+ $435K$415.5K
-4.5%

Summary: Gibsonton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.2%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 4.5%.

Median Sold Price Compared To Nearby Cities

Palm River-Gibsonton
+1.4%
Riverview
-0.2%
Gibsonton
-2.0%
Ruskin
-4.1%
Apollo Beach
-6.1%

Housing Supply in Gibsonton, FL

How many homes are available in Gibsonton, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7671-6.6%

Summary: The Gibsonton real estate market had 71 homes for sale in April 2024, a 6.6% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 1011
+10.0%
3 3532
-8.6%
4 2320
-13.0%
5+ 77
0.0%

Summary: The Gibsonton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1816-11.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gibsonton, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Gibsonton in April 2024, down by 11.1% month-over-month. Of the 16 sold homes, 50% were sold under asking, 31% were sold at asking, and 19% 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

Apr 2023Apr 2024CHANGE
56 Days49 Days-12.4%

Summary: Homes in Gibsonton had an average of 49 days on market in Apr 2024, down by 12.4% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Gibsonton are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 16 homes were sold in Gibsonton; 50% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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