Is Gibsonburg, OH a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Gibsonburg is a buyer's market


Difference Since May 2023

At the same time last year, Gibsonburg was a Seller's Market.

Key Takeaway

Gibsonburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Gibsonburg, OH

How much do homes in Gibsonburg, OH cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2023


Key Takeaway

Homes in Gibsonburg have sold for 7.7% less than they did a year ago.

Summary: The median home sold price in Gibsonburg was $184,500 in May 2024, down 7.8% from last year, and the median price per square foot was $104.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
2 $210K$194.9K
3 $167K$180K
4 $235K$180.5K
5+ $229K$215K

Summary: Gibsonburg housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.2%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 23.2%, and 5+ bedroom homes decreased by 6.1%.

Median Sold Price Compared To Nearby Cities

Woodville Township
Madison Township

Housing Supply in Gibsonburg, OH

How many homes are available in Gibsonburg, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE

Summary: The Gibsonburg real estate market had 13 homes for sale in May 2024, a 85.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
2 01
3 69
4 13
5+ 00

Summary: The Gibsonburg housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gibsonburg, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Gibsonburg in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Gibsonburg, OH

How long does it take to sell a home in Gibsonburg, OH?

Average Sale Time

May 2023May 2024CHANGE
32 Days38 Days+16.9%

Summary: Homes in Gibsonburg had an average of 38 days on market in May 2024, up by 16.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Gibsonburg has remained consistent over time.

Summary: During May 2024, 1 homes were sold in Gibsonburg; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

Newest Listings in Gibsonburg, OH

Nearby Markets to Gibsonburg, OH