How much do homes in Gibraltar, MI cost?

Median List Price

$210,000

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$30,000(+16.7%)

Key Takeaway

The list price of homes in Gibraltar has increased by 16.7% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSAug 2020Aug 2021%
1 --N/A
2 $94.9K$112K+18.0%
3 $192.4K$207K+7.6%
4 $289K$294.9K+2.1%
5+ $242.9K$240.7K-0.9%

Median List Price Compared To Nearby Cities

Grosse Ile Township
+23.6%
Gibraltar
+16.7%
Trenton
+11.4%
Rockwood
+4.5%
Brownstown Charter Township
+3.9%

How many homes are available in Gibraltar, MI?

Number of Homes For Sale

Jul 2021Aug 2021%
1920+5.3%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 000.0%
2 43-25.0%
3 1113+18.2%
4 440.0%
5+ 000.0%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
88 Days42 Days-52.1%

Breakdown of Home Sale Times

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Key Takeaway

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About Gibraltar, MI

Gibraltar, MI has 20 homes on the market. The inventory of homes for sale in Gibraltar, MI between July 2021 and August 2021 increased by 5.3%. Listings spent 42 days on the market in August 2021, and had a median list price of $210,000 during the same period. This housing market listing prices have changed between July 2021 and August 2021: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 18%, prices of 3 bedrooms properties went up by 7.6%, 4 bedrooms properties prices increased by 2.1%, the cost of 5 bedrooms properties went down by 0.9%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory decreased by 25%, volume of 3 bedrooms homes went up by 18.2%, 4 bedrooms homes did not move, 5 bedrooms homes inventory did not change. Over 4 listings were sold over their listed price in August 2021 in Gibraltar, MI. In the same period over 3 listings were sold below the listed price and 0 listings were sold for the listed price.

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