The housing market in Hobson, TX (78117) is quite strong, with the median value of a home being $308,200. This is significantly lower than the US house median value of $338,100. However, the 1 year house appreciation rate in Hobson is 16.24%, which is much higher than the 8.27% national figure. This is likely due to an influx of people looking to purchase homes in Hobson and take advantage of its strong real estate market. As such, it appears that people looking to invest in a home in this area could reap significant rewards in the short-term.
The median home cost in Hobson (zip 78117) is $308,200. Home appreciation the last 10 years has been 114.2%. Home Appreciation in Hobson (zip 78117) is up 19.4%.
Average Age of Homes
- The median age of Hobson (zip 78117) real estate is 46 years old
The Rental Market in Hobson (zip 78117)
- Renters make up 9.2% of the Hobson (zip 78117) population
- 0.0% of houses and apartments in Hobson (zip 78117), 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.