Gibsonia, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Gibsonia Neighborhoods Since 2000




Gibsonia, PA 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

Gibsonia Housing Market Information

With 2,837 people, 1,020 houses or apartments, and a median cost of homes of $248,414, Gibsonia real estate is some of the most expensive in Pennsylvania, although Gibsonia home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Gibsonia, accounting for 91.00% of the town's housing units. Other types of housing that are prevalent in Gibsonia include large apartment complexes or high rise apartments ( 3.27%), duplexes, homes converted to apartments or other small apartment buildings ( 3.09%), and a few mobile homes or trailers ( 2.65%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Gibsonia. Owner-occupied housing accounts for 91.11% of Gibsonia's homes, and 78.02% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Gibsonia's housing was primarily built during this period, from the '40s through the '60s. A full 48.98% of the town's housing hails from this era. Other housing ages represented in Gibsonia include homes built between 1970-1999 ( 27.18%) and housing constructed before 1939 ( 15.09%). There's also some housing in Gibsonia built between 2000 and later ( 8.74%).

Gibsonia Home Appreciation Rates

In the last 10 years, Gibsonia has experienced some of the highest home appreciation rates of any community in the nation. Gibsonia real estate appreciated 28.53% over the last ten years, which is an average annual home appreciation rate of 2.54%, putting Gibsonia in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Gibsonia definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Gibsonia appreciation rates have trailed the rest of the nation. In the last twelve months, Gibsonia's appreciation rate has been 2.01%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Gibsonia were at -0.41%, which equates to an annual appreciation rate of -1.65%.

Relative to Pennsylvania, our data show that Gibsonia's latest annual appreciation rate is lower than 50% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$248,414

Gibsonia, PA HOME PRICES

Value Range
> $1,110,000 0.4
$832,001 - $1,110,000 1.2
$555,001 - $832,000 3.6
$444,001 - $555,000 6.5
$333,001 - $444,000 13.2
$222,001 - $333,000 31.1
$111,001 - $222,000 36.8
$56,001 - $111,000 4.2
$0 - $56,000 3.0

Very High for PA
High for Nation

Value Relative to Nation Value Relative to State
22.7762803234501 11.8840579710145

Number Of Homes And Apartments:
1,020

Gibsonia Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
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
58.97% 2.72% 8 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$740 / per month

Homeownership Rate

Homeownership
Owners 91.11
Renters 8.89
Vacant 9.97

Housing Market Details

 

Age of Homes

AGE OF Gibsonia HOMES
2000 or Newer 8.7
1970 - 1999 27.2
1940 - 1969 49.0
1939 or Older 15.1

Types of Homes

TYPE OF Gibsonia HOMES
Single-Family 91.0
Townhomes 0.0
Small Apt. Buildings 3.1
Apt. Complexes 3.3
Mobile Homes 2.6
Other 0.0

Home Size

SIZE OF Gibsonia HOMES
No Bedroom 4.06
1 Bedroom 0.00
2 Bedrooms 15.89
3 Bedrooms 50.40
4 Bedrooms 27.63
5 or more bedrooms 2.03