The average Gibsonton home sells for $220,000. Tanglewood Preserve is a quiet new-home community with 242 homes, most oversized, most on conservation areas or ponds; homes in the neighborhood, with its own private park and play area, range from the $230s to the mid $300s. Magnolia Trails is a cozy neighborhood with homes in the $150s to the $320s; Tuscany Bay, a gated community with a pool and clubhouse, offers townhomes starting in the $170s. Other neighborhoods in Gibsonton include the Kings Lake subdivision, East Bay Lakes, South Bay Lakes and Gibsonton on the Bay.