Gibraltar

Why you'd want to live in Gibraltar

The City of Gibraltar is located in the southeast portion of Wayne County, just a few miles north of the Wayne County/ Monroe County border, and on the Detroit River and Lake Erie . The City is about 25 miles southwest of Downtown Detroit, Michigan. Gibraltar is bordered by the City of Trenton to the north and Brownstown Township to the west and south, while the Detroit River serves as the border to the east. Gibraltar is approximately 3.9 square miles in area. The latest census (2010) figures set the population of the City of Gibraltar at 4,656. The most recent land use tabulation identified approximately 42.4% of total land area as residential, and a number of large tracts being used for Industrial, Landfill, and Institutional. Gibraltar also has a significant number of natural resources, including a network of more than five (5) miles of canals, wetlands and streams. The Detroit River International Wildlife Refuge – Humbug Marsh is in the northern portion of the City and Lake Erie Metro Park is to the south. These two locations allow area residents the opportunity to interact with nature on a daily basis. The Detroit River shoreline includes marina facilities and single-family residential units. A series of canals bisect the City and its four islands, Hall, Edmund, Main and Horse, of residences. The mainland portion of the City is a mix of commercial space and residential units, including senior housing and apartment complexes via City of Gibraltar web site

Gibraltar Market Report

$207,688

AVERAGE PRICE OF 27 HOMES

$203,433

AVERAGE PRICE OF 3 HOMES WITH A POOL

$198,040

AVERAGE PRICE OF 15 REDUCED PRICE HOMES

Average Home

Average Price $207,688
Avg Bedrooms 2 beds
Avg Bathrooms 1.55 baths

Average Price by Bedrooms

1 bedroom n/a
2 bedrooms $144,900
3 bedrooms $232,800
4 bedrooms $232,325
5 bedrooms $259,900
Gibraltar Home Price Trends
  6/2017 5/2017 4/2017 3/2017 2/2017
Total Listings 25 24 23 18 10
Average Price $205,941 $204,342 $209,650 $216,628 $218,587
Avg Price Change +0.78% -2.60% -3.33% -0.90% -10.79%
Median Price $183,190 $184,870 $176,543 $190,266 $145,976
Med Price Change -0.92% +4.72% -7.77% +30.34% -15.25%
Avg Bedrooms 2.13 beds 2.83 beds 2.9 beds 2.06 beds 2 beds
Avg Bathrooms 1.5 baths 1.63 baths 1.69 baths 1.61 baths 1.56 baths
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 27 $207,688 66 days
Homes with a Pool 3 $203,433 68 days
Reduced Price Homes 15 $198,040 90 days