Why Live in Gibbs
Gibbs, a neighborhood in Corryton, Tennessee, is a growing bedroom community about 15 miles northeast of downtown Knoxville. Known for its rural charm and low crime risk, Gibbs offers a peaceful lifestyle with easy access to the city via Highway 331 and Interstates 640 and 275. The area features a variety of home styles, including 1940s farmhouses, bungalows, Colonial Revivals, and ranch-style homes from the 1970s and 1980s, as well as modern traditional houses in newer subdivisions. Most properties are set on an acre or more of land, reflecting the area's spacious layout. Gibbs is served by Knox County Schools, which are highly rated and include Gibbs Elementary, Middle, and High School, all located along Tazewell Pike. The community is active, with the Gibbs Ruritan Club hosting events like the annual Christmas parade and recreational sports leagues. The park behind the club features baseball and softball fields, tennis courts, a football field, picnic shelters, and a playground. Nature enthusiasts can enjoy the Spence Nicely Bird Sanctuary and Hiking Trail, spanning over 40 acres. Local amenities include the Midway IGA for groceries, Walgreens for prescriptions, and dining options like Don Jose’s Mexican Grill and Wrenhouse Bakery. While serious shopping requires a trip to Knoxville, Gibbs offers a few mom-and-pop shops for everyday needs.
Home Trends in Gibbs, TN
On average, homes in Gibbs, Corryton sell after 32 days on the market compared to the national average of 52 days. The median sale price for homes in Gibbs, Corryton over the last 12 months is $365,500, up 11% from the median home sale price over the previous 12 months.
Median Sale Price
$365,500
Median Single Family Sale Price
$367,812
Average Price Per Sq Ft
$197
Number of Homes for Sale
43
Last 12 months Home Sales
118
Median List Price
$367,962
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
11%