Home prices
The median home value in Gibson City is $100,900. Compared to nearby areas this is roughly $24,140 (31%) higher.Compared to the entire country it is approximately $116,600 (53%) lower, and compared to the city of Aurora is approximately $83,500 (45%) lower.
Rents
The median rent in Gibson City is $650 a month. This is approximately $62 (8%) lower in comparison to its surrounding areas.It is roughly $412 (38%) lower compared to the United States as a whole, and is roughly $578 (47%) lower compared to the city of Aurora.
Nearby places
Elliott
Elliott is roughly 4 miles east of Gibson City. The real estate prices there are somewhat less expensive. Elliott's median home value is $79,100, which comes out to $21,800 (27%) lower than Gibson City. Its rents are a little more expensive. In Elliott the median rent is $733 a month, which is $83 (11%) higher than Gibson City.
Saybrook
Saybrook is about 7 miles west of Gibson City. Housing prices there are somewhat less expensive. The median home in Saybrook is valued at $91,100, which works out to $9,800 (10%) lower than Gibson City. Its rents are a bit less expensive. The median monthly rent in Saybrook is $613, which works out to $37 (6%) lower than Gibson City.
Sibley
Sibley is about 8 miles north of Gibson City. The housing prices there are a lot less expensive. The median home in Sibley costs $67,000, which comes out to $33,900 (50%) lower than Gibson City. Its rents are similar. The median rent in Sibley is $638 a month, which works out to $12 (1%) lower than Gibson City.
Melvin
Melvin is roughly 9 miles northeast from Gibson City. Housing prices there are a lot less expensive. The median home in Melvin costs $61,600, which is $39,300 (63%) lower than Gibson City. The rent there is similar. The median monthly rent in Melvin is $668, which works out to $18 (2%) higher than Gibson City.
Anchor
Anchor is approximately 9 miles northwest of Gibson City. The real estate prices there are a little less expensive. The median home in Anchor is valued at $85,000, which is $15,900 (18%) lower than Gibson City. Rents there are a little more expensive. The median rent in Anchor is $910 per month, which comes out to $260 (28%) higher than Gibson City.