Is Gibbon, NE 68840 a buyer’s or seller’s market?
Gibbon is a seller’s market. With about 3.7 months of supply and 0% 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 Gibbon housing market right now
In the three months ending August 31, 2026, 0% of homes in Gibbon, NE 68840 sold above their list price, the typical home went under contract in 39 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. With only 6 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 50%, homes sold more slowly (25 days then) and the median sale price fell 18% to $204,911. Overall, Gibbon is less competitive than a year ago, which gives buyers more room.
Within Buffalo County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Elm Creek 68836 (100% sold over asking) and Kearney 68847 (38% sold over asking) are even more competitive.
Run the numbers for 68840
Nearby markets
Elm Creek 68836 $115 /sq ftKearney 68845Seller’s market $147 /sq ftKearney 68847Seller’s market $143 /sq ftPleasanton 68866 — /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 seller’s market: there were 3.7 months of supply in Gibbon, NE 68840 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 39 days in the latest three months.
Do homes in Gibbon sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.2% of the list price.
What are property taxes in Gibbon?
About 1.44% of a home’s value a year in Buffalo County, or roughly $5,760 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 $91 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