Is Gibson City, IL 60936 a buyer’s or seller’s market?
Gibson City is a seller’s market. With about 3.7 months of supply and 7% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Gibson City housing market right now
In the three months ending August 31, 2026, 7% of homes in Gibson City, IL 60936 sold above their list price, the typical home went under contract in 22 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 14 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 14%, homes sold faster (35 days then) and the median sale price rose 20% to $225,902. Overall, Gibson City is about as competitive as it was a year ago.
Within Ford County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 50%.
Nearby, buyers who want less competition could look at Sibley 61773 (0% sold over asking) or Roberts 60962 (0% sold over asking), while Cabery 60919 (50% sold over asking) and Melvin 60952 (50% sold over asking) are even more competitive.
Run the numbers for 60936
Nearby markets
Cabery 60919Balanced $65 /sq ftElliott 60933 — /sq ftKempton 60946 — /sq ftMelvin 60952Seller’s market $109 /sq ft Browse all markets →Towns like Gibson City nearby
Find towns like Gibson City in other states →Where Gibson City is
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Questions about Gibson City real estate
Is Gibson City a buyer’s or seller’s market?
A seller’s market: there were 3.7 months of supply in Gibson City, IL 60936 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 Gibson City?
The typical home went under contract in 22 days in the latest three months.
Do homes in Gibson City sell over asking?
7% of homes sold above their original list price, and the typical sale closed at 92.8% of the list price.
What are property taxes in Gibson City?
About 2.12% of a home’s value a year in Ford County, or roughly $8,480 on a $400,000 home.
What is the median home price in Gibson City?
The median sale price was $225,902 in the three months ending August 31, 2026, about $146 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