Similar to other places in this area, it is a bit less expensive compared to the rest of the nation. Compared to the city of Raleigh, it is a little less expensive.
Home prices
The median home in Gibsonville is valued at $174,000. Compared to its nearby areas it is is very similar.It is roughly $43,500 (19%) lower in comparison to the entire country, and is approximately $74,300 (29%) lower in comparison to the city of Raleigh.
Rents
In Gibsonville the median monthly rent is $807. In comparison to its nearby areas it is approximately $112 (12%) lower.Compared to the rest of the nation it is about $255 (24%) lower, and compared to the city of Raleigh it is about $314 (28%) lower.
Nearby places
Elon
Elon is Gibsonville's neighbor to the east. Its housing prices are a little more expensive. The cost of the median home in Elon is $253,500, which comes out to $79,500 (31%) higher than Gibsonville. Rent there is significantly more expensive. Elon's median monthly rent is $1,287, which comes out to $480 (37%) higher than Gibsonville.
Whitsett
Whitsett is Gibsonville's neighbor to the southwest. The housing prices there are a little more expensive. The median home in Whitsett is valued at $183,900, which is $9,900 (5%) higher than Gibsonville. Its rents are pretty similar. The median rent in Whitsett is $783 a month, which works out to $24 (3%) lower than Gibsonville.
Burlington
Burlington is Gibsonville's neighbor to the southeast. The housing prices there are somewhat less expensive. The median home price in Burlington is $134,100, which works out to $39,900 (29%) lower than Gibsonville. Rent there is pretty similar. In Burlington the median monthly rent is $816, which is $9 (1%) higher than Gibsonville.
Glen Raven
Glen Raven is roughly 4 miles northeast of Gibsonville. Its real estate prices are a little less expensive. The median home in Glen Raven costs $145,500, which is $28,500 (19%) lower than Gibsonville. The rent there is pretty similar. In Glen Raven the median rent is $837 per month, which comes out to $30 (3%) higher than Gibsonville.
Sedalia
Sedalia is approximately 4 miles southwest of Gibsonville. Its real estate prices are a little less expensive. The price of the median home in Sedalia is $146,900, which comes out to $27,100 (18%) lower than Gibsonville. Rents there are a bit more expensive. Sedalia's median monthly rent is $870, which is $63 (7%) higher than Gibsonville.
