Hobart, WA is a desirable place to live due to its appealing housing. The median value for houses in Hobat is $770,800, higher than the US house median value of $338,100. Additionally, the 1 year house appreciation in Hobart is 7.43%, slightly lower than the US average of 8.27%. These numbers demonstrate that living in Hobart can be a good investment for potential homeowners looking to buy property and build equity over time. With housing values increasing consistently, now could be an excellent time to start investing in housing in Hobart.
The median home cost in Hobart is $770,800. Home appreciation the last 10 years has been 167.2%. Home Appreciation in Hobart is up 14.8%.
Average Age of Homes
- The median age of Hobart real estate is 36 years old
The Rental Market in Hobart
- Renters make up 7.7% 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.