Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hobart area can be challenging. Home prices in Hobart are now at a median cost of $129,363, lower than the Kentucky average of $164,895.
The average cost of rent is $449/mo in Hobart, primarily driven by the current value of real estate in the Hobart area. While nearly 66.84% of residents own their homes outright in Hobart, 10.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hobart is $2,813 per month. Households that rent pay about 15.97% of their income on rent here. Hobart's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Kettle, KY: equally priced homes
- Highway, KY: less expensive homes
- Modoc, KY: equally priced homes
- Green Grove, KY: equally priced homes
- Peytonsburg, KY: less expensive homes
- St. John, TN: higher priced homes
- Bug, KY: less expensive homes
- Bow, KY: equally priced homes
- Littrell, KY: less expensive homes
- Albany, KY: less expensive homes
Cities with Similar Populations
- Pilot Point, AK: less expensive homes
- Rexton, MI: less expensive homes
- Rexford, PA: higher priced homes
- Renick, WV: less expensive homes
- Rend City, IL: less expensive homes
- Rees, IL: less expensive homes
- Pineland, FL: higher priced homes
- Pine Hill, PA: equally priced homes
- Piltzville, MT: higher priced homes
- Reynoldsville, NY: higher priced homes
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