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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 $338,734, higher than the Pennsylvania average of $288,156.
The average cost of rent is $1,700/mo in Hobart, primarily driven by the current value of real estate in the Hobart area. In Hobart, 4.12% of households rent, and 34.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hobart is $9,120 per month. Households that rent pay about 18.64% of their income on rent here. Hobart’s most expensive areas are in the central 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
- Parkville, PA: less expensive homes
- Melrose, MD: higher priced homes
- Glenville, PA: equally priced homes
- Hanover, PA: less expensive homes
- Manchester, MD: higher priced homes
- McSherrystown, PA: less expensive homes
- Rockville, PA: equally priced homes
- Littlestown, PA: less expensive homes
- Spring Grove, PA: less expensive homes
- Hampstead, MD: higher priced homes
Cities with Similar Populations
- Lakeport, MI: less expensive homes
- Shambaugh, IA: less expensive homes
- Seventy Six, KY: less expensive homes
- Scotland, IN: less expensive homes
- Schaffer, MI: less expensive homes
- Santa Monica, TX: less expensive homes
- Sandy Ridge, PA: less expensive homes
- Leggett, CA: higher priced homes
- Ledocio, KY: less expensive homes
- Lebanon, KS: less expensive homes
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