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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 $210,411, lower than the New York average of $610,895.
The average cost of rent is $767/mo in Hobart, primarily driven by the current value of real estate in the Hobart area. In Hobart, 19.24% of households rent, and 52.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hobart is $7,367 per month. Households that rent pay about 10.41% of their income on rent here. Hobart’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- South Kortright, NY: equally priced homes
- Stamford, NY: equally priced homes
- Harpersfield, NY: equally priced homes
- South Jefferson, NY: less expensive homes
- Roxbury, NY: higher priced homes
- Kortright Center, NY: equally priced homes
- Bloomville, NY: equally priced homes
- North Harpersfield, NY: equally priced homes
- Bovina Center, NY: higher priced homes
- Sturges Corner, NY: equally priced homes
Cities with Similar Populations
- Hewitt, MN: less expensive homes
- Swan, IA: equally priced homes
- Sutherland, IA: less expensive homes
- Sumner, ME: less expensive homes
- Stotts City, MO: higher priced homes
- Steele, ND: less expensive homes
- Steam Corners, OH: equally priced homes
- St. Hilaire, MN: equally priced homes
- Spurlock, KY: less expensive homes
- Sonyea, NY: less expensive homes
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