Gibson, TN housing market
The median sale price was $220,000 in May 2026.
Home values, sales, trends and how Gibson compares with the towns next door — updated as new data is published.
Gibson at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Home prices up 73% in 5 years
The federal house price index for the ZIP codes around Gibson rose 73% over the past 5 years, faster than across Tennessee (60%). Last year prices rose 2.3%.
Show as a table
| Year | Change that year | Since 2000 | Tennessee since 2000 |
|---|---|---|---|
| 2025 | +2.3% | +118% | +186% |
| 2024 | +3.8% | +113% | +180% |
| 2023 | +14% | +106% | +167% |
| 2022 | +26% | +80% | +149% |
| 2021 | +13% | +43% | +105% |
| 2020 | +3.1% | +26% | +80% |
| 2019 | +1.4% | +23% | +72% |
| 2018 | +7.1% | +21% | +63% |
| 2017 | +2% | +13% | +52% |
| 2016 | −3.2% | +11% | +42% |
| 2015 | +5.2% | +14% | +34% |
| 2014 | +5.5% | +8.6% | +28% |
| 2013 | −2.7% | +2.9% | +23% |
| 2012 | +0.1% | +5.7% | +21% |
| 2011 | −2.7% | +5.6% | +23% |
| 2010 | +0.1% | +8.6% | +26% |
| 2009 | −5.2% | +8.4% | +30% |
| 2008 | −1.6% | +14% | +34% |
| 2007 | +4.5% | +16% | +33% |
| 2006 | +4.7% | +11% | +28% |
| 2005 | +3.2% | +6.2% | +20% |
| 2004 | +0.1% | +2.9% | +12% |
| 2003 | +0.7% | +2.8% | +8.2% |
| 2002 | +2.1% | +2.1% | +6.3% |
| 2001 | 0% | 0% | +3.8% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 38343, 38338, covering 83% of Gibson’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
1 new home permitted in 2025
Builders were permitted 1 new home in Gibson in 2025. Over the past 10 years, Gibson has permitted 9 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Gibson's population fell by 30 even though 4 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Tennessee: 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) | 0 | 0 | 0 | — |
| 2025 | 1 | 1 | 0 | $16,000 |
| 2024 | 1 | 1 | 0 | $200,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 1 | 1 | 0 | $150,000 |
| 2021 | 5 | 5 | 0 | $1.2 million |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 1 | 1 | 0 | $105,000 |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 3 | 3 | 0 | $199,000 |
| 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 | 0 | 0 | 0 | — |
| 2002 | 1 | 1 | 0 | $75,000 |
| 2001 | 1 | 1 | 0 | $75,000 |
| 2000 | 1 | 1 | 0 | $75,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
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 $1,130
HUD's Fair Market Rent for a two-bedroom in Gibson is $1,130 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Gibson pay a median of $871, so moving in tends to cost more than staying put.
Studio $780 · 4 bedrooms $1,590
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (38338, 38343; Jackson, TN HUD Metro FMR Area), 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, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.