Market Summary

Hobbsville, Gates County, NC

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Median Home Price Price

$224,979 $225K

Median Monthly Rent Rent

$1,883 $1.9K

GRM

10.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Gates County

Region Price Rent GRM Display
$199,509 $1,207 14.0x
$237,779 $1,516 13.0x
$198,572 $1,508 11.0x
$265,110 $1,484 15.0x
$222,628 $1,168 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NC outside of Gates County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets outside of NC

Region Price Rent GRM Display
$315,187 $1,674 16.0x
$107,145 $1,104 8.0x
$295,714 $1,739 14.0x
$187,171 $1,378 11.0x
$389,485 $1,568 21.0x
$239,912 $1,151 17.0x
$126,834 $1,069 10.0x
$363,537 $1,041 29.0x
$227,686 $1,827 10.0x
$157,307 $1,462 9.0x
$603,826 $2,220 23.0x
$596,515 $1,882 26.0x
$367,388 $1,785 17.0x
$158,972 $1,371 10.0x
$286,467 $1,497 16.0x
$200,547 $1,148 15.0x
$213,631 $1,410 13.0x
$120,051 $899 11.0x
$356,589 $1,562 19.0x
$150,517 $937 13.0x
$278,561 $916 25.0x
$427,759 $1,641 22.0x
$125,439 $898 12.0x
$370,581 $1,880 16.0x
$136,039 $1,477 8.0x
$595,883 $1,521 33.0x
$256,072 $1,842 12.0x
$263,710 $1,173 19.0x
$500,261 $1,658 25.0x
$405,449 $1,259 27.0x
$293,604 $2,643 9.0x

Home prices

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Monthly rent

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GRM

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Hobbsville

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Trend Insights

Median Rent in Hobbsville, NC is $1,883, with MoM change +$30 and YoY change +$195 pointing to positive momentum while volatility is low (std $56).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Hobbsville, NC.

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Metric
Base market Hobbsville, NC
Compare market Select a market
Delta vs base
Median rent
$1,883
N/A
Median price
$224,979
N/A
YoY change
+$195
N/A
Price-to-rent
10.0x
Data unavailable
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