Gibsonville, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Gibsonville, NC 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

Gibsonville Housing Market Information

With 6,773 people, 2,523 houses or apartments, and a median cost of homes of $144,549, 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 80.55% of the town's housing units. Other types of housing that are prevalent in Gibsonville include large apartment complexes or high rise apartments ( 9.25%), row houses and other attached homes ( 5.25%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.55%).

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 75.79% of Gibsonville's homes, and 69.11% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Gibsonville 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 Gibsonville built between 2000 and later ( 35.65%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.45%). There's also some housing in Gibsonville built before 1939 ( 6.99%).

Gibsonville Home Appreciation Rates

Real estate appreciation rates in Gibsonville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.51% during the period.

Over the last year, Gibsonville appreciation rates have trailed the rest of the nation. In the last twelve months, Gibsonville's appreciation rate has been -0.46%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Gibsonville were at 0.63%, which equates to an annual appreciation rate of 2.56%.

Relative to North Carolina, our data show that Gibsonville's latest annual appreciation rate is lower than 80% of the other cities and towns in North Carolina.

Average Home Values

 

Median Home Value:
$144,549

Gibsonville, NC HOME PRICES

Value Range
> $1,017,000 0.7
$763,001 - $1,017,000 0.6
$509,001 - $763,000 0.3
$407,001 - $509,000 2.2
$305,001 - $407,000 4.9
$203,001 - $305,000 25.4
$102,001 - $203,000 45.0
$51,001 - $102,000 12.5
$0 - $51,000 8.2

Average for NC
Average for Nation

Value Relative to Nation Value Relative to State
52.4405250205086 45.7350272232305

Number Of Homes And Apartments:
2,523

Gibsonville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NC*
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
6.69% 0.38% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,132 / per month

Homeownership Rate

Homeownership
Owners 75.79
Renters 24.21
Vacant 4.72

Housing Market Details

 

Age of Homes

AGE OF Gibsonville HOMES
2000 or Newer 35.6
1970 - 1999 41.9
1940 - 1969 15.4
1939 or Older 7.0

Types of Homes

TYPE OF Gibsonville HOMES
Single-Family 80.6
Townhomes 5.2
Small Apt. Buildings 3.5
Apt. Complexes 9.3
Mobile Homes 1.4
Other 0.0

Home Size

SIZE OF Gibsonville HOMES
No Bedroom 1.89
1 Bedroom 2.11
2 Bedrooms 23.56
3 Bedrooms 55.55
4 Bedrooms 13.56
5 or more bedrooms 3.32

Popular Neighborhoods in Gibsonville

Zip Codes in Gibsonville, NC