Market Overview
Home Prices in Gibson Island, MD
The median home value in Gibson Island, MD is $3,140,099 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.9% compared to a year ago and up 3.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gibson Island are priced666% above average. Gibson Island is part of the Baltimore-Columbia-Towson, MD metro area.
Over the past five years, Gibson Island home values have risen by approximately37.1%, reflecting strong long-term appreciation in this market.
Price History
Gibson Island Home Price Trend
City Comparison
Gibson Island vs. National Median
At $3,140,099, homes in Gibson Island cost 666% above the national median of $410,000. Buyers in Gibson Island should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Gibson Island?
20% Down Payment
$628,020
on $3,140,099
Monthly P&I
$16,377/mo
30-yr @ 6.8%
Total Monthly Est.
~$20,799/mo
incl. taxes & insurance
Income Needed
$831,960
gross annual (30% rule)
10% Down Option
$314,010
+ PMI applies
Loan Amount (20% dn)
$2,512,079
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Gibson Island, MD?
The median home value in Gibson Island is $3,140,099 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.9% year-over-year.
How much have home prices changed in Gibson Island?
Over the past year, home values in Gibson Island have increased by 10.9%. Over five years, prices have risen approximately 37.1%.
How much do I need to earn to buy a home in Gibson Island?
To comfortably afford the median home price of $3,140,099 with a 20% down payment ($628,020) at today's rates (6.8%), you'd need a gross annual income of approximately $831,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Gibson Island compare to the national average home price?
The national median home value is approximately $410,000. At $3,140,099, homes in Gibson Island are 666% above the national average.
What metro area is Gibson Island part of?
Gibson Island is part of the Baltimore-Columbia-Towson, MD metropolitan area. Home prices and market conditions can vary across the broader metro region.