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Advertise here →Gibson City, IL · Market Data
Gibson City, Illinois real estate market data.
Real estate market data for Gibson City, IL (Ford County) — Census median home value $138,400, county listing prices up about 4.5% over the past year.
Gibson City, IL is in Ford County, Illinois — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 3,609, with a median household income of $47,104. Census data puts Gibson City's median home value at $138,400.
At a glance
Gibson City market snapshot
Population
3,609
Median Household Income
$47,104
Median Home Value (city)
$138,400
Median Gross Rent
$802/mo
Price Trend (YoY)
+4.5%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Gibson City different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Gibson City's median home value — across all owner-occupied homes, not just recent sales — at $138,400.
County Price Trend
Ford County's FHFA house price index shows a 4.51% annual change in 2025.
Population & Income
Gibson City has an estimated population of 3,609 and a median household income of $47,104, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Gibson City's Census-reported median home value works out to about 2.9x the area's median household income, and median gross rent runs roughly 20% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Gibson City FAQ
What are home values like in Gibson City, IL?
The Census Bureau's American Community Survey puts Gibson City's median home value at $138,400.
What is the population of Gibson City, IL?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Gibson City's population at approximately 3,609.
What's the median rent in Gibson City, IL?
The Census ACS estimates median gross rent in Gibson City at approximately $802 per month.
What is the median household income in Gibson City, IL?
Census ACS data puts the median household income in Gibson City at approximately $47,104.
Is the Gibson City housing market growing?
Ford County's FHFA house price index shows a 4.51% annual change in 2025.
Is Gibson City, IL affordable relative to income?
Census ACS data puts Gibson City's median home value at about 2.9 times the median household income, with median gross rent equal to roughly 20% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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