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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 9,075 people, 3,321 houses or apartments, and a median cost of homes of $300,130, Gibsonville 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 Gibsonville, accounting for 85.41% of the town's housing units. Other types of housing that are prevalent in Gibsonville include row houses and other attached homes ( 5.21%), large apartment complexes or high rise apartments ( 3.76%), and a few mobile homes or trailers ( 3.45%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Gibsonville. Owner-occupied housing accounts for 84.83% of Gibsonville's homes, and 71.62% have either three or four bedrooms, which is average sized relative to America.
Gibsonville homes and real estate are some of the newest in America. 54.15% of Gibsonville's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Gibsonville real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 34.71%), and before 1939 ( 8.53%). There's also some housing in Gibsonville built between 1940-1969 ( 2.60%).
Appreciation rates for homes in Gibsonville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 97.28%, which ranks in the top 40% nationwide. This equates to an annual average Gibsonville house appreciation rate of 7.03%.
Appreciation rates are so strong in Gibsonville that despite a nationwide downturn in the housing market, Gibsonville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Gibsonville appreciation rates continue to be some of the highest in America, at 6.78%, which is higher than appreciation rates in 72.95% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Gibsonville. Gibsonville appreciation rates in the latest quarter were at 0.80%, which equates to an annual appreciation rate of 3.23%.
Relative to North Carolina, our data show that Gibsonville's latest annual appreciation rate is lower than 70% of the other cities and towns in North Carolina.
$300,130
for North carolina
for nation
3,321
$1,600 / per month