Is Gibsonville, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gibsonville is a seller's market

Buyer's
Market

Difference Since January 2022

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

Key Takeaway

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

How much do homes in Gibsonville, NC cost?

Median Sold Price

$300,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$40,000(+15.4%)

Key Takeaway

Homes in Gibsonville have sold for 15.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $32.4K-
N/A
2 $186K$305K
+64.0%
3 $250K$275K
+10.0%
4 $304K$348K
+14.5%
5+ $370K$463.9K
+25.4%

Median Sold Price Compared To Nearby Cities

Rock Creek Township
+19.8%
Gibsonville
+15.4%
Elon
+14.5%
Burlington
+11.8%

How many homes are available in Gibsonville, NC?

Number of Homes For Sale

Dec 2022Jan 2023%
4347+9.3%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 88
0.0%
3 1719
+11.8%
4 1415
+7.1%
5+ 45
+25.0%

Number of Homes Sold

Dec 2022Jan 2023%
511+120.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gibsonville, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
9 Days29 Days+210.6%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Gibsonville, NC

Number of homes for sale in Gibsonville, NC real estate market have reached 47. Between December 2022 and January 2023, Gibsonville, NC real estate market has seen increase in the number of listings by 9.3%. In January 2023 median list price was $300,000 and the average listing age was 29 days. Listing prices have changed in this real estate market between December 2022 and January 2023: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went up by 64%, 3 bedrooms properties prices increased by 10%, prices of 4 bedrooms properties increased by 14.5%, prices of 5 bedrooms properties increased by 25.4%. Volume of homes for sale changed: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes stayed the same, the quantity of 3 bedrooms homes went up by 11.8%, 4 bedrooms homes inventory increased by 7.1%, 5 bedrooms homes inventory increased by 25%. In January 2023 more than 3 listings in Gibsonville, NC were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 6 were sold below.

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