Is Gibsonton, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
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
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | - | N/A |
| 2 Bedrooms | $230K | $235K | +2.2% |
| 3 Bedrooms | $334.5K | $316.3K | -5.4% |
| 4 Bedrooms | $375.5K | $375.5K | 0.0% |
| 5+ Bedrooms | $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 | $330.4K | $335K | +1.4% |
| Riverview | $391K | $390K | -0.2% |
| Gibsonton | $350K | $343K | -2.0% |
| Ruskin | $369.3K | $354K | -4.1% |
| Apollo Beach | $494.9K | $465K | -6.1% |
Housing Supply in Gibsonton, FL
How many homes are available in Gibsonton, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 76 | 71 | -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
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 11 | +10.0% |
| 3 Bedrooms | 35 | 32 | -8.6% |
| 4 Bedrooms | 23 | 20 | -13.0% |
| 5+ Bedrooms | 7 | 7 | 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 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 16 | -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
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 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 56 Days | 49 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
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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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