Housing in 73651 Hobart, OK is much more affordable than the US housing market as a whole. The median value of homes in Hobart is $57,000 compared to $338,100 for the US which makes it an attractive option for those looking for an affordable home. Moreover, while the US 1 year house appreciation rate stands at 8.27%, the 1 year appreciation rate in Hobart is 13.34%. This means that those buying a home in Hobart can expect to receive a higher return on investment than those who buy elsewhere. Overall, Hobart offers a high value and potential for growth making it an ideal location for prospective homeowners.
The median home cost in Hobart (zip 73651) is $57,000. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Hobart (zip 73651) is up 14.5%.
Average Age of Homes
- The median age of Hobart (zip 73651) real estate is 61 years old
The Rental Market in Hobart (zip 73651)
- Renters make up 36.4% of the Hobart (zip 73651) population
- 4.3% of houses and apartments in Hobart (zip 73651), 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.