Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 2,785 people, 1,171 houses or apartments, and a median cost of homes of $416,027, Gibsonia real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Gibsonia, accounting for 97.23% of the town's housing units. Other types of housing that are prevalent in Gibsonia include row houses and other attached homes ( 1.09%), mobile homes or trailers ( 1.01%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Gibsonia. Owner-occupied housing accounts for 96.61% of Gibsonia's homes, and 88.01% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Gibsonia's housing was primarily built during this period, from the '40s through the '60s. A full 41.74% of the town's housing hails from this era. Other housing ages represented in Gibsonia include homes built between 2000 and later ( 26.99%) and housing constructed between 1970-1999 ( 24.22%). There's also some housing in Gibsonia built before 1939 ( 7.04%).
Gibsonia's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Gibsonia during the period has been just 5.67%, which is lower than 70% of US communities.
Appreciation rates are so strong in Gibsonia that despite a nationwide downturn in the housing market, Gibsonia real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Gibsonia appreciation rates continue to be some of the highest in America, at 5.97%, which is higher than appreciation rates in 78.01% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Gibsonia. Gibsonia appreciation rates in the latest quarter were at 2.42%, which equates to an annual appreciation rate of 10.02%.
Relative to Pennsylvania, our data show that Gibsonia's latest annual appreciation rate is higher than 60% of the other cities and towns in Pennsylvania.
$416,027
for Pennsylvania
for nation
1,171
$1,572 / per month