Housing in Hobart, MN is significantly more expensive than the US average. The median house value in Hobart, MN is $541,300 while the US median house value is $338,100. Furthermore, both the US and Hobart have experienced an appreciation of 8.27% and 8.21%, respectively over the last year. This clearly shows that housing in Hobart is a desirable asset for many people due to its higher values and appreciation rate.
The median home cost in Hobart is $541,300. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Hobart is up 13.6%.
Average Age of Homes
- The median age of Hobart real estate is 36 years old
The Rental Market in Hobart
- Renters make up 3.5% 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.