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

$175,980

AVERAGE PRICE OF 30 HOMES

$309,300

AVERAGE PRICE OF 3 HOMES WITH A POOL

$152,822

AVERAGE PRICE OF 18 REDUCED PRICE HOMES

Average Home

Average Price $175,980
Avg Bedrooms 2.73 beds
Avg Bathrooms 1.63 baths

Average Price by Bedrooms

1 bedroom $42,400
2 bedrooms $84,928
3 bedrooms $226,723
4 bedrooms $262,580
5 bedrooms $255,000
Gibraltar Home Price Trends
  8/2018 7/2018 6/2018 5/2018 4/2018
Total Listings 28 22 24 24 25
Average Price $197,354 $263,419 $233,845 $202,670 $178,609
Avg Price Change -33.48% +12.65% +15.38% +13.47% -12.05%
Median Price $183,650 $243,535 $229,833 $206,768 $154,900
Med Price Change -32.61% +5.96% +11.16% +33.48% -8.01%
Avg Bedrooms 2.81 beds 3.22 beds 3.08 beds 2.89 beds 2 beds
Avg Bathrooms 1.65 baths 1.91 baths 1.82 baths 1.7 baths 1.67 baths
Total Homes Average Price Avg Days on Site
All Homes 30 $175,980 64 days
Homes with a Pool 3 $309,300 89 days
Reduced Price Homes 18 $152,822 80 days