Is Gibson, LA 70356 a buyer’s or seller’s market?
Gibson is a seller’s market. With about 3.2 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 Gibson housing market right now
In the three months ending August 31, 2026, 0% of homes in Gibson, LA 70356 sold above their list price, the typical home went under contract in 379 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (65 days then) and the median sale price rose 128% to $348,224. Overall, Gibson is less competitive than a year ago, which gives buyers more room.
Within Terrebonne Parish, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Houma 70360 (14% sold over asking) and Houma 70363 (13% sold over asking) are even more competitive.
Run the numbers for 70356
Nearby markets
Chauvin 70344Buyer’s market $94 /sq ftDulac 70353Buyer’s market $114 /sq ftGray 70359Balanced $158 /sq ftHouma 70360Buyer’s market $157 /sq ft Browse all markets →Towns like Gibson nearby
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Questions about Gibson real estate
Is Gibson a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Gibson, LA 70356 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?
The typical home went under contract in 379 days in the latest three months.
Do homes in Gibson sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.6% of the list price.
What are property taxes in Gibson?
About 0.45% of a home’s value a year in Terrebonne Parish, or roughly $1,800 on a $400,000 home.
What is the median home price in Gibson?
The median sale price was $348,224 in the three months ending August 31, 2026, about $166 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