Is Gibbon, MN 55335 a buyer’s or seller’s market?
Gibbon is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Gibbon housing market right now
In the three months ending August 31, 2026, 33% of homes in Gibbon, MN 55335 sold above their list price, the typical home went under contract in 24 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 67%, homes sold more slowly (13 days then) and the median sale price rose 47% to $204,911. Overall, Gibbon is less competitive than a year ago, which gives buyers more room.
Within Sibley County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in 67%.
Nearby, buyers who want less competition could look at New Auburn 55366 (0% sold over asking) or Gaylord 55334 (11% sold over asking), while Henderson 56044 (50% sold over asking) and Green Isle 55338 (38% sold over asking) are even more competitive.
Run the numbers for 55335
Nearby markets
Arlington 55307Buyer’s market $168 /sq ftGaylord 55334Balanced $144 /sq ftGreen Isle 55338Seller’s market $160 /sq ftHenderson 56044Seller’s market $143 /sq ft Browse all markets →Towns like Gibbon nearby
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Questions about Gibbon real estate
Is Gibbon a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in Gibbon, MN 55335 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Gibbon?
The typical home went under contract in 24 days in the latest three months.
Do homes in Gibbon sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 101.3% of the list price.
What are property taxes in Gibbon?
About 1.10% of a home’s value a year in Sibley County, or roughly $4,400 on a $400,000 home.
What is the median home price in Gibbon?
The median sale price was $204,911 in the three months ending August 31, 2026, about $98 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology