68840, Gibbon, NE

The Gibbon, NE 68840 zip code has a median home value of $128,000 and a median home equity of $101,000. The Gibbon area has seen an increase in home values over the past few years as the local economy continues to improve. There are many reasons why home values have increased in the Gibbon area; some of which include increasing demand from buyers and sellers, low interest rates, and limited supply.

One important factor to consider when buying or selling a home is the interest rate. In recent years, interest rates have been relatively low which has helped to increase home values. Low interest rates also make it more affordable for people to borrow money to buy a house or refinance their current mortgage.

Another factor that affects home prices is the availability of homes for sale. Over the past few years, there has been an increase in the number of homes available for sale in the Gibbon area due to population growth and redevelopment projects. However, this increased availability has also led to higher prices as there are more competing buyers for these homes.