The housing situation in 13788 Hobart, NY is quite favorable. According to recent studies, the median value of homes in this area is $200,700, which is significantly lower than the US house median value of $338,100. In addition, the one year house appreciation rate in 13788 Hobart, NY is 8.92%, higher than the national 1-year house appreciation rate of 8.27%. This indicates that people who purchase or own property here have a good chance of seeing their investment increase in value over time. With such promising numbers and a relatively low median home value compared to other parts of the country, 13788 Hobart, NY appears to be an appealing choice for those looking for affordable housing.
The median home cost in Hobart (zip 13788) is $200,700. Home appreciation the last 10 years has been 50.8%. Home Appreciation in Hobart (zip 13788) is up 14.8%.
Average Age of Homes
- The median age of Hobart (zip 13788) real estate is 42 years old
The Rental Market in Hobart (zip 13788)
- Renters make up 16.4% of the Hobart (zip 13788) population
- 0.0% of houses and apartments in Hobart (zip 13788), 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.