Hobson, MT is a great place to invest in real estate as the median house value in the town is much lower than the national average. Despite this, the towns housing market has seen an impressive 20.18% appreciation over the last year - well above the national appreciation rate of 8.27%. This could make Hobson an attractive option for buyers looking for well priced properties that are likely to appreciate quickly in value.
The median home cost in Hobson is $291,600. Home appreciation the last 10 years has been 80.8%. Home Appreciation in Hobson is up 20.3%.
Average Age of Homes
- The median age of Hobson real estate is 54 years old
The Rental Market in Hobson
- Renters make up 18.2% of the Hobson population
- 1.7% of houses and apartments in Hobson, 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.