Home prices
The median home in Gibson is valued at $112,500. It is roughly $11,800 (9%) lower in comparison to other places in this area.It is roughly $105,000 (48%) lower compared to the rest of the country, and is roughly $10,700 (10%) higher compared to the city of Memphis.
Rents
In Gibson the median rent is $890 a month. This is about $73 (8%) higher in comparison to the surrounding areas.In comparison to the rest of the nation it is roughly $172 (16%) lower, and it is roughly $11 (1%) lower in comparison to the city of Memphis.
Nearby places
Humboldt
Humboldt is about 4 miles southwest of Gibson. The housing prices there are a lot less expensive. Humboldt's median home price is $81,900, which is $30,600 (37%) lower than Gibson. The rent there is a bit less expensive. The median rent in Humboldt is $684 per month, which comes out to $206 (30%) lower than Gibson.
Medina
Medina is roughly 4 miles southeast of Gibson. The housing prices there are substantially more expensive. Medina's median home price is $180,600, which is $68,100 (37%) higher than Gibson. Rents there are a little more expensive. Medina's median monthly rent is $975, which comes out to $85 (8%) higher than Gibson.
Milan
Milan is about 5 miles northeast of Gibson. Its housing prices are a bit less expensive. The median home in Milan costs $106,000, which comes out to $6,500 (6%) lower than Gibson. Rent there is somewhat less expensive. The median rent in Milan is $678 a month, which works out to $212 (31%) lower than Gibson.
Three Way
Three Way is about 7 miles south from Gibson. Real estate prices there are a bit more expensive. The median home cost in Three Way is $159,600, which comes out to $47,100 (29%) higher than Gibson. Its rents are a little more expensive. In Three Way the median rent is $1,086 a month, which comes out to $196 (18%) higher than Gibson.
Trenton
Trenton is about 8 miles northwest from Gibson. Its housing prices are a bit less expensive. The cost of the median home in Trenton is $93,400, which comes out to $19,100 (20%) lower than Gibson. Its rents are substantially less expensive. In Trenton the median monthly rent is $660, which is $230 (34%) lower than Gibson.
