Gibson, MI housing market
Builders were permitted 1 new home in 2025.
Home values, sales, trends and how Gibson compares with the towns next door — updated as new data is published.
1 new home permitted in 2025
Builders were permitted 1 new home in Gibson in 2025. Over the past 10 years, Gibson has permitted 8 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Gibson's population fell by 86 even though 10 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Michigan: 1.2 new residents per new home.
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 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 4 | 4 | 0 | $400,000 |
| 2016 | 3 | 3 | 0 | $300,000 |
| 2015 | 3 | 3 | 0 | $300,000 |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 6 | 6 | 0 | $934,000 |
| 2002 | 3 | 3 | 0 | $455,000 |
| 2001 | 13 | 13 | 0 | $1.9 million |
| 2000 | 5 | 5 | 0 | $562,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Gibson and its neighbors
| Town | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|
| Gibson | — | $1,210 | 1 | $61,691 |
| Mount Forest | −13.2%† | $1,120 | — | $64,792 |
| Grim | +3.3%† | $1,130 | — | $51,094 |
| Lincoln | +38.9%† | $970 | 1 | $62,955 |
| Adams | — | $1,050 | 0 | $58,036 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,210
HUD's Fair Market Rent for a two-bedroom in Gibson is $1,210 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Gibson pay a median of $769, so moving in tends to cost more than staying put.
Studio $910 · 4 bedrooms $1,830
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (48613, 48658, 48659; Bay City, MI 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.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. 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.