Housing in Hobart, NY is a great investment opportunity. The median value for housing in Hobart is $193,600 which is significantly lower than the US House Median Value of $338,100. This presents an excellent opportunity to enter the housing market at a more affordable price point. Furthermore, the 1 year house appreciation rate in Hobart is 8.92%, which is higher than the US average of 8.27%. This suggests that investing in property in Hobart would be a smart decision for those looking to gain returns from their investments.
The median home cost in Hobart is $193,600. Home appreciation the last 10 years has been 50.8%. Home Appreciation in Hobart is up 14.8%.
Average Age of Homes
- The median age of Hobart real estate is 78 years old
The Rental Market in Hobart
- Renters make up 36.6% of the Hobart population
- 0.0% of houses and apartments in Hobart, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.