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 $711,456, higher than the Washington average of $453,663.
The average cost of rent is $1,727/mo in Hobart, primarily driven by the current value of real estate in the Hobart area. While nearly 31.66% of residents own their homes outright in Hobart, 10.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hobart is $11,102 per month. Households that rent pay about 15.55% of their income on rent here. Hobart's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Maple Valley, WA: less expensive homes
- Ravensdale, WA: less expensive homes
- Covington, WA: less expensive homes
- Black Diamond, WA: equally priced homes
- Kangley, WA: less expensive homes
- Lake Morton-Berrydale, WA: less expensive homes
- Selleck, WA: less expensive homes
- Fairwood, WA: less expensive homes
- Kanaskat, WA: less expensive homes
- East Renton Highlands, WA: equally priced homes
Cities with Similar Populations
- Sandia Park, NM: less expensive homes
- Pryor Creek, OK: less expensive homes
- Redwood Falls, MN: less expensive homes
- Rockland, ME: less expensive homes
- Rootstown, OH: less expensive homes
- Rougemont, NC: less expensive homes
- Rowley, MA: less expensive homes
- Royston, GA: less expensive homes
- Salamanca, NY: less expensive homes
- Salyersville, KY: less expensive homes
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