Home prices
The value of the median home in Hobson City is $91,400. In comparison to its surrounding areas it is approximately $6,000 (6%) lower.Compared to the country as a whole it is roughly $126,100 (57%) lower, and it is is very similar in comparison to the city of Birmingham.
Rents
Hobson City's median monthly rent is $716. Compared to its nearby areas it is roughly $38 (5%) higher.It is about $346 (32%) lower compared to the rest of the nation, and it is roughly $121 (14%) lower in comparison to the city of Birmingham.
Nearby places
Oxford
Oxford is Hobson City's neighbor to the southwest. The housing prices there are a lot more expensive. The median home price in Oxford is $145,300, which comes out to $53,900 (37%) higher than Hobson City. Rents there are a little more expensive. In Oxford the median rent is $839 a month, which works out to $123 (14%) higher than Hobson City.
Anniston
Anniston is Hobson City's neighbor to the northeast. Its housing prices are somewhat more expensive. Anniston's median home price is $97,600, which is $6,200 (6%) higher than Hobson City. Rents there are somewhat less expensive. The median monthly rent in Anniston is $672, which works out to $44 (6%) lower than Hobson City.
West End-Cobb Town
West End-Cobb Town is about 2 miles north of Hobson City. Real estate prices there are substantially less expensive. The median home in West End-Cobb Town costs $66,400, which comes out to $25,000 (37%) lower than Hobson City. The rent there is a bit less expensive. In West End-Cobb Town the median monthly rent is $631, which comes out to $85 (13%) lower than Hobson City.
Saks
Saks is about 7 miles north of Hobson City. Housing prices there are somewhat more expensive. The median home in Saks costs $98,200, which is $6,800 (6%) higher than Hobson City. Rent there is fairly similar. The median monthly rent in Saks is $682, which comes out to $34 (4%) lower than Hobson City.
Munford
Munford is about 8 miles southwest of Hobson City. Its real estate prices are a little less expensive. Munford's median home value is $79,500, which comes out to $11,900 (14%) lower than Hobson City. Its rents are somewhat less expensive. In Munford the median monthly rent is $565, which comes out to $151 (26%) lower than Hobson City.
