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These days, finding an affordable place to live in the Gibtown area can be challenging. Home prices in Gibtown are now at a median cost of $383,476, higher than the Texas average of $322,096.
The average cost of rent is $1,224/mo in Gibtown, primarily driven by the current value of real estate in the Gibtown area. In Gibtown, 17.66% of households rent, and 46.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gibtown is $6,717 per month. Households that rent pay about 18.22% of their income on rent here. Gibtown’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Willow Point, TX: equally priced homes
- Whitt, TX: less expensive homes
- Boonsville, TX: less expensive homes
- Perrin, TX: equally priced homes
- Joplin, TX: equally priced homes
- Poolville, TX: equally priced homes
- Balsora, TX: less expensive homes
- Peadenville, TX: less expensive homes
- Vineyard, TX: equally priced homes
- Oran, TX: less expensive homes
Cities with Similar Populations
- Centenary, VA: less expensive homes
- Wheelwright, MA: equally priced homes
- Clio, CA: higher priced homes
- Cleghorn, IA: less expensive homes
- Cinco Bayou, FL: higher priced homes
- Childress, VA: less expensive homes
- Cherokee, TX: less expensive homes
- Charlotte Center, NY: less expensive homes
- Charlesville, PA: less expensive homes
- Charleston, UT: higher priced homes
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