Home prices
Hobart's median home cost is $551,200. It is about $99,680 (22%) higher compared to its surrounding areas.Compared to the entire country it is approximately $333,700 (153%) higher, and in comparison to the city of Seattle is about $111,900 (16%) lower.
Rents
The median monthly rent in Hobart is $1,601. This is about $82 (4%) lower compared to other places in this area.Compared to the entire country it is roughly $539 (50%) higher, and compared to the city of Seattle it is is very similar.
Nearby places
Maple Valley
Maple Valley is Hobart's neighbor to the southwest. The real estate prices there are substantially less expensive. The median home value in Maple Valley is $414,400, which comes out to $136,800 (33%) lower than Hobart. The rent there is somewhat more expensive. In Maple Valley the median rent is $2,003 per month, which is $402 (20%) higher than Hobart.
Ravensdale
Ravensdale is Hobart's neighbor to the south. Its housing prices are somewhat less expensive. The median home cost in Ravensdale is $492,400, which is $58,800 (11%) lower than Hobart. Rents there are a little less expensive. In Ravensdale the median monthly rent is $1,380, which comes out to $221 (16%) lower than Hobart.
East Renton Highlands
East Renton Highlands is Hobart's neighbor to the northwest. Housing prices there are a little less expensive. The median home cost in East Renton Highlands is $506,600, which works out to $44,600 (8%) lower than Hobart. Rent there is somewhat more expensive. In East Renton Highlands the median rent is $2,066 per month, which comes out to $465 (22%) higher than Hobart.
Shadow Lake
Shadow Lake is roughly 3 miles west from Hobart. The real estate prices there are somewhat less expensive. The median home value in Shadow Lake is $486,900, which comes out to $64,300 (13%) lower than Hobart. Rent there is a lot less expensive. Shadow Lake's median rent is $1,200 a month, which is $401 (33%) lower than Hobart.
Covington
Covington is about 5 miles southwest from Hobart. Its housing prices are substantially less expensive. The cost of the median home in Covington is $357,300, which works out to $193,900 (54%) lower than Hobart. Rent there is somewhat more expensive. In Covington the median monthly rent is $1,764, which is $163 (9%) higher than Hobart.
