Gibson, IL housing market
The typical Gibson home is worth about $178,000, up 5.6% in a year, 40% below the Illinois typical home.
Home values, sales, trends and how Gibson compares with the towns next door — updated as new data is published.
Gibson at a glance
Typical home value, 2016–2026
Show as a table
| January | Gibson | Illinois |
|---|---|---|
| 2017 | $120,000 | $181,000 |
| 2018 | $122,000 | $190,000 |
| 2019 | $124,000 | $195,000 |
| 2020 | $129,000 | $200,000 |
| 2021 | $132,000 | $215,000 |
| 2022 | $131,000 | $236,000 |
| 2023 | $139,000 | $248,000 |
| 2024 | $152,000 | $263,000 |
| 2025 | $160,000 | $278,000 |
| 2026 | $175,000 | $290,000 |
| August 2026 | $178,000 | $298,000 |
1 new home permitted in 2025
Builders were permitted 1 new home in Gibson in 2025. That's 0.3 per 1,000 residents, slower than across Illinois (1.6). Over the past 10 years, Gibson has permitted 32 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Gibson gained 68 residents while 103 new homes were permitted: about 0.7 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 1 | 1 | 0 | $367,000 |
| 2025 | 1 | 1 | 0 | $367,000 |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 4 | 4 | 0 | $890,000 |
| 2019 | 7 | 1 | 6 | $547,000 |
| 2018 | 8 | 2 | 6 | $711,000 |
| 2017 | 6 | 6 | 0 | $1.3 million |
| 2016 | 6 | 4 | 2 | $928,000 |
| 2015 | 7 | 5 | 2 | $1.4 million |
| 2014 | 4 | 4 | 0 | $1 million |
| 2013 | 52 | 2 | 50 | $4.4 million |
| 2012 | 4 | 4 | 0 | $900,000 |
| 2011 | 4 | 4 | 0 | $537,000 |
| 2010 | 5 | 5 | 0 | $743,000 |
| 2009 | 12 | 12 | 0 | $2.2 million |
| 2008 | 12 | 12 | 0 | $2.1 million |
| 2007 | 5 | 5 | 0 | $731,000 |
| 2006 | 13 | 13 | 0 | $1.7 million |
| 2005 | 17 | 17 | 0 | $1.5 million |
| 2004 | 4 | 4 | 0 | $360,000 |
| 2003 | 3 | 3 | 0 | $268,000 |
| 2002 | 1 | 1 | 0 | $104,000 |
| 2001 | 1 | 1 | 0 | $120,000 |
| 2000 | 5 | 1 | 4 | $262,000 |
How Gibson ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
4.2 years of income
The typical Gibson home costs about 4.2 years of the town's median household income, more than across Illinois (3.6 years).
How Gibson ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $980
HUD's Fair Market Rent for a two-bedroom in Gibson is $980 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Gibson pay a median of $943. A two-bedroom takes about 27% of the town's median household income.
Studio $820 · 4 bedrooms $1,300
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (60936; Bloomington, IL MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Gibson
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.