Gibsonton FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



map preview
Please wait, loading your map...





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 Q2 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Gibsonton Housing Market Information

With 15,275 people, 5,495 houses or apartments, and a median cost of homes of $193,272, 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 58.17% of the town's housing units. Other types of housing that are prevalent in Gibsonton include mobile homes or trailers ( 33.43%), row houses and other attached homes ( 3.93%), and a few large apartment complexes or high rise apartments ( 2.17%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Gibsonton. Owner-occupied housing accounts for 65.68% of Gibsonton's homes, and 65.00% have either three or four bedrooms, which is average sized relative to America.

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 ( 41.26%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.04%).

Vacant housing appears to be an issue in Gibsonton. Fully 10.34% 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

Real estate appreciation rates in Gibsonton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 2.10% during the period.

Over the last year, Gibsonton appreciation rates have trailed the rest of the nation. In the last twelve months, Gibsonton's appreciation rate has been -1.37%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Gibsonton were at 1.85%, which equates to an annual appreciation rate of 7.62%.

Importantly, this makes Gibsonton one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

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

Average Home Values

 

Median Home Value:
$193,272

Gibsonton, FL HOME PRICES

Value Range
> $1,041,000 1.4
$781,001 - $1,041,000 0.3
$520,001 - $781,000 1.6
$416,001 - $520,000 0.5
$312,001 - $416,000 4.6
$208,001 - $312,000 20.5
$104,001 - $208,000 38.6
$52,001 - $104,000 17.1
$0 - $52,000 15.3

Low for FL
Average for Nation

Value Relative to Nation Value Relative to State
43.5795620437956 63.4042553191489

Number Of Homes And Apartments:
5,495

Gibsonton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
Latest Quarter:
2020 Q1 - 2020 Q2
Last 12 Months:
2019 Q2 - 2020 Q2
Last 2 Years:
2018 Q2 - 2020 Q2
Last 5 Years:
2015 Q2 - 2020 Q2
Last 10 Years:
2010 Q2 - 2020 Q2
Since 2000:
2000 Q1 - 2020 Q2
85.58% 3.06%
2
7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,712 / per month

Homeownership Rate

Homeownership
Owners 65.68
Renters 34.32
Vacant 10.34

Housing Market Details

 

Age of Homes

AGE OF Gibsonton HOMES
2000 or Newer 41.3
1970 - 1999 43.4
1940 - 1969 15.0
1939 or Older 0.3

Types of Homes

TYPE OF Gibsonton HOMES
Single-Family 58.2
Townhomes 3.9
Small Apt. Buildings 1.9
Apt. Complexes 2.2
Mobile Homes 33.4
Other 0.4

Home Size

SIZE OF Gibsonton HOMES
No Bedroom 2.15
1 Bedroom 4.21
2 Bedrooms 26.69
3 Bedrooms 42.67
4 Bedrooms 22.34
5 or more bedrooms 1.94