Market Summary

Greater Hobby Area, Harris County, TX

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Median Home Price Price

$238,942 $238.9K

Median Monthly Rent Rent

$1,459 $1.5K

GRM

14.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Harris County

Region Price Rent GRM Display
$212,940 $1,535 12.0x
$304,442 $2,078 12.0x
$214,007 $1,657 11.0x
$351,134 $2,184 13.0x
$328,466 $1,907 14.0x
$236,492 $1,364 14.0x
$214,124 $1,660 11.0x
$249,554 $2,090 10.0x
$204,566 $2,134 8.0x
$234,678 $2,112 9.0x
$242,805 $2,124 10.0x
$166,919 $1,615 9.0x
$247,403 $2,091 10.0x

Home prices

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Monthly rent

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GRM

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Similar markets within TX outside of Harris County

Region Price Rent GRM Display
$298,804 $1,958 13.0x
$310,895 $1,943 13.0x
$263,117 $2,018 11.0x
$244,259 $1,986 10.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of TX

Region Price Rent GRM Display
$314,008 $2,067 13.0x
$300,285 $1,484 17.0x
$332,320 $2,206 13.0x
$365,752 $1,659 18.0x
$434,249 $2,743 13.0x
$336,617 $2,263 12.0x
$250,522 $1,500 14.0x
$345,123 $2,239 13.0x
$272,732 $1,860 12.0x
$331,811 $2,136 13.0x
$366,309 $2,007 15.0x
$353,250 $1,467 20.0x
$236,898 $1,575 13.0x
$335,441 $2,141 13.0x
$276,278 $1,540 15.0x
$396,018 $1,517 22.0x
$246,122 $1,768 12.0x
$739,942 $1,480 42.0x
$310,459 $1,505 17.0x
$270,850 $1,535 15.0x

Home prices

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Monthly rent

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GRM

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Greater Hobby Area

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Trend Insights

Median Rent in Greater Hobby Area, TX is $1,459, with MoM change +$6 and YoY change +$4 pointing to positive momentum while volatility is low (std $8).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Greater Hobby Area, TX.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Greater Hobby Area, TX
Compare market Select a market
Delta vs base
Median rent
$1,459
N/A
Median price
$238,942
N/A
YoY change
+$4
N/A
Price-to-rent
13.6x
Data unavailable
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