Gibraltar Real Estate
4 active listings · 34 sold in the past 12mo
$239,750
Median List Price
34
Sold (past 12mo)
65
Avg Days on Market
+3.0%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(4)
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For Sale
1/57
$469,000
29886 Pointe Drive, Rockwood, MI
4 bd2 ba1,595 sqft0.28 ac
Single Family
For Sale
1/24
$239,999
13230 Delavern Street, Rockwood, MI
3 bd2 ba1,196 sqft0.12 ac
Single Family
For Sale
1/37
$239,500
30022 White Street, Rockwood, MI
3 bd2 ba1,641 sqft0.12 ac
Single Family
For Sale
1/34
$172,900
29821 Munro Street, Rockwood, MI
2 bd1 ba842 sqft0.10 ac
Single Family
Recently Sold(34)
Frequently Asked Questions about Gibraltar
Are there homes available in Gibraltar right now?
Buyers in Gibraltar can choose from 4 active listings. The median asking price is $239,750.
How much do homes cost in Gibraltar?
The median sale price in Gibraltar is $239,750, based on 34 closed sales over the past 12 months.
How long do homes stay on the market in Gibraltar?
Homes in Gibraltar sell in an average of 65 days, based on 34 sales over the past 12 months.
What schools are in Gibraltar?
Gibraltar is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Gibraltar may be zoned for different districts. Check individual listings for the specific school district assignment.
What are market conditions like in Gibraltar?
With 1.4 months of inventory, Gibraltar is currently a seller's market. This is based on 4 active listings and 34 sales in the past 12 months.
What are property taxes like in Gibraltar?
Michigan property taxes in Gibraltar are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What is the Household Formation Gap in Gibraltar?
Per U.S. Census ACS data, Gibraltar has a +3.0% Household Formation Gap — essentially flat over the past 15 years. Average household size shifted from 2.43 to 2.35, while population declined 0.4%. This secondary indicator suggests demographic housing demand has remained relatively stable.