Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hobson area can be challenging. Home prices in Hobson are now at a median cost of $224,958, lower than the Texas average of $235,268.
The average cost of rent is $953/mo in Hobson, primarily driven by the current value of real estate in the Hobson area. While nearly 70.27% of residents own their homes outright in Hobson, 16.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hobson is $7,523 per month. Households that rent pay about 12.67% of their income on rent here. Hobson's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Falls City, TX: less expensive homes
- Karnes City, TX: less expensive homes
- Pawelekville, TX: higher priced homes
- Ecleto, TX: less expensive homes
- Helena, TX: less expensive homes
- Poth, TX: equally priced homes
- Kenedy, TX: less expensive homes
- Fashing, TX: higher priced homes
- Gillett, TX: higher priced homes
- Dewees, TX: less expensive homes
Cities with Similar Populations
- Laketown, UT: higher priced homes
- South Heights, PA: less expensive homes
- Snydertown, PA: less expensive homes
- Smith Mills, NY: less expensive homes
- Slabtown, OH: less expensive homes
- Sissons Corner, VA: equally priced homes
- Siglerville, PA: less expensive homes
- Shungnak, AK: less expensive homes
- Sheridan, IA: less expensive homes
- Lebo, MO: less expensive homes
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