Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gibson area can be challenging. Home prices in Gibson are now at a median cost of $149,933, lower than the Tennessee average of $218,916.
The average cost of rent is $1,002/mo in Gibson, primarily driven by the current value of real estate in the Gibson area. While nearly 29.83% of residents own their homes outright in Gibson, 27.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gibson is $5,299 per month. Households that rent pay about 18.92% of their income on rent here. Gibson's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Sitka, TN: higher priced homes
- Humboldt, TN: less expensive homes
- Medina, TN: higher priced homes
- West, TN: higher priced homes
- Milan, TN: less expensive homes
- Three Way, TN: higher priced homes
- Moores Chapel, TN: less expensive homes
- Fruitland, TN: less expensive homes
- Vaughns Grove, TN: less expensive homes
- Cades, TN: less expensive homes
Cities with Similar Populations
- Wellpinit, WA: less expensive homes
- Chaffee, NY: higher priced homes
- Clarkfield, MN: less expensive homes
- Como, NC: less expensive homes
- Conover, WI: higher priced homes
- Cotton Valley, LA: less expensive homes
- Curtis, TX: less expensive homes
- Dighton, KS: less expensive homes
- Eldon, IA: less expensive homes
- Fannin, TX: higher priced homes
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