Gibson City, IL—60936
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gibson City, IL
Gibson City, IL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $168,000 | 10.0% |
| Single Family | $168,000 | 10.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $146,000 | 11.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Gibson City, IL
Gibson City, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Gibson City, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Gibson City, IL is 42. This is a decrease of -40.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 46.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $222,000 | 25.0% |
Listing Count | 13 | 43.0% |
| Listings as % of Homes | 0.6% | 43.0% |
Days on Market | 42 | -40.0% |
Demographics — Gibson City, IL
As of the latest ACS Survey released in 2023, Gibson City, IL has a population of 4,260, which has increased by 3.8% over the past 5 years. Gibson City, IL is a moderately popular place for families, as children make up 21.7% of the population. The area has a poorly educated workforce, with 17.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,260 | 3.8% |
% Under 18 | 21.7% | -4.0% |
% Seniors | 17.7% | -9.2% |
% WFH | 9.2% | 64.3% |
% w/ College Degree | 17.3% | -36.2% |
As of the latest ACS Survey released in 2023, Gibson City, IL is a predominantly white area, with 83.1% of the population identifying as white. The white population has shrunk by 14.8% in the last 5 years. The second most common race or ethnicity in Gibson City, IL is hispanic, making up 8.7% of the population. Foreign-born residents account for 5.4% of the population in Gibson City, IL, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 83.1% | -14.8% |
% Black | 1.5% | 114.3% |
% Hispanic | 8.7% | 8,600.0% |
% Asian | 1.8% | ∞% |
% Foreign Born | 5.4% | ∞% |
Mortgage and Risk — Gibson City, IL
According to HUD data as of 2023, there were 78 mortgage originations in Gibson City, IL, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Gibson City, IL. Investor activity is low, as 10.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 78 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 10.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Gibson City, IL
Gibson City, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 91 |
Total Units Section 8 | 31 |
% Rentals under Section 8 | 5.7% |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | N/A | N/A | $1,000 |
| 3 Bedroom | N/A | N/A | $1,390 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Gibson City, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $168,000 |
| Median Household Income | $52,000 |