Housing in Gibson City, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$168,734

Gibson City vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Gibson City is highlighted.

Median Home Value

37th%ilemost expensive$138,400show rank

Median Rent

30th%ilemost expensive rent$802show rank

Rent Burden

63rd%ilehighest rent burden20.4%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$138,400

Median Rent

$802

Total Housing Units

1,633

Vacancy Rate

0.7%

Owner Occupied

66.6%

Renter Occupied

33.4%

Median Property Tax

$2,477

per year

Monthly Cost (w/ Mortgage)

$872

Housing Types

Single Family

67.2%

Multi-Family

26.8%

Mobile Home

6.0%

The median home value in Gibson City, IL is $138,400. According to Zillow, the home value index for Gibson City is $168,734. The median rent is $802 per month (Census ACS). About 66.6% of housing units are owner-occupied. The median year homes were built is 1956. There are 1,633 total housing units.