Gibsonia, PA Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Gibsonia, PA Housing Market Trends

With 2,837 people, 845 houses or apartments, and a median cost of homes of $301,528, 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 98.38% of the town's housing units. Other types of housing that are prevalent in Gibsonia include duplexes, homes converted to apartments or other small apartment buildings ( 1.62%).

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 97.16% of Gibsonia's homes, and 83.01% 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 43.12% of the town's housing hails from this era. Other housing ages represented in Gibsonia include homes built between 1970-1999 ( 27.98%) and housing constructed before 1939 ( 16.07%). There's also some housing in Gibsonia built between 2000 and later ( 12.83%).

Gibsonia Home Appreciation Rates

Appreciation rates for homes in Gibsonia have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 46.69%, which ranks in the top 30% nationwide. This equates to an annual average Gibsonia house appreciation rate of 3.91%.

NeighborhoodScout's data show that during the latest twelve months, Gibsonia's appreciation rate, at 5.86%, has been at or slightly above the national average. In the latest quarter, Gibsonia's appreciation rate has been 2.48%, which annualizes to a rate of 10.31%.

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:
$301,528

Gibsonia, PA HOME PRICES

> $1,180,000
1.6%
1.6%
$885,001 - $1,180,000
0.9%
0.9%
$590,001 - $885,000
3.9%
3.9%
$472,001 - $590,000
10.9%
10.9%
$354,001 - $472,000
17.1%
17.1%
$236,001 - $354,000
32.0%
32.0%
$118,001 - $236,000
28.9%
28.9%
$59,001 - $118,000
3.7%
3.7%
$0 - $59,000
1.0%
1.0%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Very High for PA

Value Relative To Nation

Number Of Homes And Apartments:
845

Gibsonia Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
93.36% 3.19%
9
7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,689 / per month

Homeownership Rate

Owners
97.2%
97.2%
Renters
2.8%
2.8%
Vacant
2.3%
2.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
12.8%
12.8%
1970 - 1999
28.0%
28.0%
1940 - 1969
43.1%
43.1%
1939 or Older
16.1%
16.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
98.4%
98.4%
Townhomes
0.0%
0.0%
Small Apt. Buildings
1.6%
1.6%
Apt. Complexes
0.0%
0.0%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.0%
0.0%
1 Bedroom
0.0%
0.0%
2 Bedrooms
11.1%
11.1%
3 Bedrooms
51.2%
51.2%
4 Bedrooms
31.8%
31.8%
5 or more bedrooms
5.9%
5.9%
0.0% 100.0%
% OF HOMES