Gibbon, MN Foreclosures
How much do homes sell for in Gibbon, MN?
The average home price is currently $480,819.
In Gibbon, MN, how many homes are available?
There are currently 1 active home listings available in Gibbon.
What’s the average rental cost in Gibbon, MN?
The average rental price in Gibbon is $1,550.
What is the most expensive home in Gibbon?
The most expensive home sold in Gibbon had a price of $6,109,898.
What is currently the cheapest priced home in Gibbon, MN?
The cheapest home for sale in Gibbon is priced at $26,699.
Living in Gibbon, MN
Gibbon, MN is a charming small town that offers a welcoming community and a beautiful natural environment. This peaceful city has plenty of amenities and recreational opportunities for families and professionals alike. With strong educational institutions and various local events, Gibbon provides a great quality of life for its residents.
Current Market Conditions in Gibbon, MN
The real estate market in Gibbon, MN is currently stable, with a healthy mix of properties available for both buyers and investors. Prices have been steady, attracting both newcomers and those looking to settle down in this tranquil area. The demand for housing remains strong, particularly among families seeking affordable options in a close-knit community.
Trends show a gradual increase in property values as the area continues to develop. As Gibbon is located within commuting distance to larger cities, many are looking to buy homes here, contributing to a vibrant housing landscape. Recent renovations in local amenities and infrastructure enhancements have also made the area more attractive to homebuyers.
Home Value Estimator For Gibbon, MN
There are currently 541 real estate properties
in Gibbon, MN,
with a median automated valuation model (AVM) price
of $265,671.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gibbon, MN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Gibbon, MN,
is $480,819.00, with the most expensive house
in Gibbon, MN, topping out
at $6,109,898.00 and the cheapest home
in Gibbon, MN,
clocking in at $26,699.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gibbon, MN!
Rent Prices
In Gibbon, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gibbon, MN, is on
a rollercoaster ride. The
average rent price in Gibbon, MN,
is $1,550.00. Indeed, when looking to rent in
Gibbon, MN, you can expect to pay as little
as $730.00 or as much
as $3,860.00,
with the average rent median estimated to
be $1,440.00. The good news is that finding
an affordable and desirable property to rent in Gibbon, MN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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