Market Overview
Home Prices in Gibbon, NE
The median home value in Gibbon, NE is $260,600 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.5% compared to a year ago and up 3.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gibbon are priced36% below average. Gibbon is part of the Kearney, NE metro area.
Over the past five years, Gibbon home values have risen by approximately29.3%, reflecting strong long-term appreciation in this market.
Price History
Gibbon Home Price Trend
City Comparison
Gibbon vs. National Median
At $260,600, homes in Gibbon cost 36% below the national median of $410,000. This makes Gibbon a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Gibbon?
20% Down Payment
$52,120
on $260,600
Monthly P&I
$1,359/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,726/mo
incl. taxes & insurance
Income Needed
$69,040
gross annual (30% rule)
10% Down Option
$26,060
+ PMI applies
Loan Amount (20% dn)
$208,480
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 Gibbon, NE?
The median home value in Gibbon is $260,600 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.5% year-over-year.
How much have home prices changed in Gibbon?
Over the past year, home values in Gibbon have increased by 4.5%. Over five years, prices have risen approximately 29.3%.
How much do I need to earn to buy a home in Gibbon?
To comfortably afford the median home price of $260,600 with a 20% down payment ($52,120) at today's rates (6.8%), you'd need a gross annual income of approximately $69,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Gibbon compare to the national average home price?
The national median home value is approximately $410,000. At $260,600, homes in Gibbon are 36% below the national average.
What metro area is Gibbon part of?
Gibbon is part of the Kearney, NE metropolitan area. Home prices and market conditions can vary across the broader metro region.