Home prices
The median home cost in Hobart is $126,800. This is about $14,320 (12%) higher compared to the surrounding areas.It is roughly $90,700 (41%) lower compared to the rest of the nation, and compared to the city of Albany is about $52,300 (29%) lower.
Rents
The median rent in Hobart is $619 a month. In comparison to other places in this area this is is very similar.It is about $443 (41%) lower compared to the US as a whole, and it is about $350 (36%) lower in comparison to the city of Albany.
Nearby places
Stamford
Stamford is roughly 3 miles northeast of Hobart. Housing prices there are a bit less expensive. The median home cost in Stamford is $118,100, which is $8,700 (7%) lower than Hobart. Its rents are fairly similar. The median monthly rent in Stamford is $648, which works out to $29 (4%) higher than Hobart.
Bloomville
Bloomville is about 6 miles west of Hobart. Its housing prices are substantially less expensive. The value of the median home in Bloomville is $79,100, which works out to $47,700 (60%) lower than Hobart. Rent there is somewhat less expensive. Bloomville's median monthly rent is $535, which works out to $84 (15%) lower than Hobart.
Prattsville
Prattsville is about 11 miles east from Hobart. Its housing prices are a bit less expensive. The median home in Prattsville is valued at $119,400, which works out to $7,400 (6%) lower than Hobart. Its rents are substantially less expensive. Prattsville's median monthly rent is $384, which works out to $235 (61%) lower than Hobart.
Davenport Center
Davenport Center is approximately 11 miles northwest of Hobart. Its housing prices are substantially less expensive. The value of the median home in Davenport Center is $84,400, which is $42,400 (50%) lower than Hobart. Its rents are a bit more expensive. The median rent in Davenport Center is $737 per month, which works out to $118 (16%) higher than Hobart.
Delhi
Delhi is about 12 miles southwest from Hobart. Its real estate prices are a little more expensive. The median home value in Delhi is $161,400, which comes out to $34,600 (21%) higher than Hobart. Its rents are a bit more expensive. Delhi's median monthly rent is $763, which works out to $144 (18%) higher than Hobart.
