Gibsonton, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Gibsonton Neighborhoods Since 2000




Gibsonton, FL Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Gibsonton Housing Market Information

With a population of 15,275, 5,286 total housing units (homes and apartments), and a median house value of $174,271, Gibsonton real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Gibsonton, accounting for 55.24% of the town's housing units. Other types of housing that are prevalent in Gibsonton include mobile homes or trailers ( 39.15%), large apartment complexes or high rise apartments ( 2.95%), and a few row houses and other attached homes ( 1.27%).

The most prevalent building size and type in Gibsonton are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 62.05% owning and 37.95% renting.

There is a lot of housing in Gibsonton built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Gibsonton built between 2000 and later ( 33.70%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.81%).

Vacant housing appears to be an issue in Gibsonton. Fully 11.94% of the housing stock is classified as vacant. Left unchecked, vacant Gibsonton homes and apartments can be a drag on the real estate market, holding Gibsonton real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Gibsonton Home Appreciation Rates

Gibsonton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Gibsonton during the period has been just -1.79%, which is lower than 80% of US communities.

Appreciation rates are so strong in Gibsonton that despite a nationwide downturn in the housing market, Gibsonton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Gibsonton appreciation rates continue to be some of the highest in America, at 17.14%, which is higher than appreciation rates in 99.66% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Gibsonton. Gibsonton appreciation rates in the latest quarter were at 1.28%, which equates to an annual appreciation rate of 5.24%.

Relative to Florida, our data show that Gibsonton's latest annual appreciation rate is higher than 90% of the other cities and towns in Florida.

Average Home Values

 

Median Home Value:
$174,271

Gibsonton, FL HOME PRICES

Value Range
> $1,531,000 0.6
$1,148,001 - $1,531,000 0.4
$765,001 - $1,148,000 0.3
$612,001 - $765,000 0.7
$459,001 - $612,000 4.4
$306,001 - $459,000 10.6
$153,001 - $306,000 43.2
$77,001 - $153,000 22.1
$0 - $77,000 17.7

Average for FL
Average for Nation

Value Relative to Nation Value Relative to State
40.1324270479316 57.0512820512821

Number Of Homes And Apartments:
5,286

Gibsonton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
102.27% 4.17% 8 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,383 / per month

Homeownership Rate

Homeownership
Owners 62.05
Renters 37.95
Vacant 11.94

Housing Market Details

 

Age of Homes

AGE OF Gibsonton HOMES
2000 or Newer 33.7
1970 - 1999 49.9
1940 - 1969 15.8
1939 or Older 0.6

Types of Homes

TYPE OF Gibsonton HOMES
Single-Family 55.2
Townhomes 1.3
Small Apt. Buildings 0.8
Apt. Complexes 2.9
Mobile Homes 39.1
Other 0.6

Home Size

SIZE OF Gibsonton HOMES
No Bedroom 0.23
1 Bedroom 4.81
2 Bedrooms 23.89
3 Bedrooms 49.28
4 Bedrooms 19.46
5 or more bedrooms 2.33