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These days, finding an affordable place to live in the Hobbsville area can be challenging. Home prices in Hobbsville are now at a median cost of $177,361, lower than the North Carolina average of $323,314.
The average cost of rent is $1,348/mo in Hobbsville, primarily driven by the current value of real estate in the Hobbsville area. In Hobbsville, 17.36% of households rent, and 62.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hobbsville is $6,115 per month. Households that rent pay about 22.05% of their income on rent here. Hobbsville’s most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sandy Cross, NC: equally priced homes
- Hickory Crossroads, NC: equally priced homes
- Sunbury, NC: higher priced homes
- Belvidere, NC: higher priced homes
- Gatesville, NC: less expensive homes
- Tyner, NC: higher priced homes
- Lloyd Crossroads, NC: less expensive homes
- Nicanor, NC: equally priced homes
- Joppa, NC: equally priced homes
- Harrellsville, NC: less expensive homes
Cities with Similar Populations
- Lake Hubert, MN: higher priced homes
- Roosevelt, NJ: higher priced homes
- Roosevelt, MN: equally priced homes
- Ringwood, OK: less expensive homes
- Red Valley, VA: higher priced homes
- Quicksburg, VA: higher priced homes
- Primghar, IA: equally priced homes
- Phillipsburg, OH: higher priced homes
- Perry, ME: less expensive homes
- Odessa, WA: higher priced homes
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