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These days, finding an affordable place to live in the Hobgood area can be challenging. Home prices in Hobgood are now at a median cost of $96,223, lower than the North Carolina average of $323,314.
The average cost of rent is $699/mo in Hobgood, primarily driven by the current value of real estate in the Hobgood area. In Hobgood, 22.10% of households rent, and 70.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hobgood is $4,368 per month. Households that rent pay about 16.01% of their income on rent here. Hobgood’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Palmyra, NC: equally priced homes
- Speed, NC: higher priced homes
- Roseneath, NC: higher priced homes
- Lawrence, NC: higher priced homes
- Scotland Neck, NC: equally priced homes
- Oak City, NC: higher priced homes
- Penny Hill, NC: higher priced homes
- Norfleet, NC: equally priced homes
- Draughn, NC: equally priced homes
- Hassell, NC: equally priced homes
Cities with Similar Populations
- Digbey, GA: higher priced homes
- Temple Hill, KY: higher priced homes
- Tatum, MS: less expensive homes
- Talache, ID: higher priced homes
- Syracuse, MO: higher priced homes
- Switz City, IN: higher priced homes
- Swanquarter, NC: higher priced homes
- Swampers, LA: higher priced homes
- Superior, PA: higher priced homes
- Sunnyside, NC: higher priced homes
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