The Greater Hobby Area housing market is somewhat competitive. The median sale price of a home in Greater Hobby Area was $263K last month, down 3.1% since last year. The median sale price per square foot in Greater Hobby Area is $173, up 8.5% since last year.
What is the housing market like in Greater Hobby Area today?
In March 2024, Greater Hobby Area home prices were down 3.1% compared to last year, selling for a median price of $263K. On average, homes in Greater Hobby Area sell after 58 days on the market compared to 76 days last year. There were 30 homes sold in March this year, down from 42 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$263,170
-3.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Greater Hobby Area, TX
$263,170
-3.1%
United States
To compare other locations to the Greater Hobby Area and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Houston add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Greater Hobby Area housing market?
Greater Hobby Area is somewhat competitive. Homes sell in 52 days.
0
100
34
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 6% below list price and go pending in around 52 days.
Hot homes
can sell for around list price and go pending in around 25 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
94.5%
-3.5 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Greater Hobby Area, TX
94.5%
-3.5 pt
United States
Home offer insights for Greater Hobby Area
Explore recent offers and recently sold homes in Greater Hobby Area
Recent offers
View houses in Greater Hobby Area that sold recently
Learn about schools in the Greater Hobby Area area
Elementary
Middle
High
GreatSchools Rating
8/10
Atkinson Elementary School
Public • PreK-4
449
Students
5 reviews
7/10
Garfield Elementary School
Public • PreK-4
660
Students
3 reviews
7/10
Laura Welch Bush Elementary School
Public • PreK-4
651
Students
8 reviews
7/10
Thomas Hancock Elementary School
Public • PreK-4
438
Students
3 reviews
7/10
Morris Middle School
Public • 5-6
881
Students
3 reviews
Only showing 5 of
11 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Greater Hobby Area housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Greater Hobby Area.
Risk Factor
Flood Factor - Moderate
47% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Greater Hobby Area has a moderate risk of flooding. 1,686 properties in Greater Hobby Area are likely to be
severely affected
by flooding over the next 30 years. This represents 47% of all properties in Greater Hobby Area. Flood risk is increasing slower than the national average.
22% of properties are at risk of wildfire over the next 30 years
Fire Factor
Greater Hobby Area has a moderate risk of wildfire. There are 1,429 properties in Greater Hobby Area that have some risk of being affected by wildfire over the next 30 years. This represents 22% of all properties in Greater Hobby Area.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Greater Hobby Area has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Greater Hobby Area is most at risk from hurricanes. 6,488 properties in Greater Hobby Area have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 151 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 161 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Greater Hobby Area has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Greater Hobby Area have an Extreme Heat Factor®.
Greater Hobby Area is expected to see a 228% increase in the number of days over 109ºF over the next 30 years. Greater Hobby Area is expected to experience 6