There are currently 11,400 real estate properties in Hobe Sound, FL, with a median automated valuation model (AVM) price of $447,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hobe Sound, FL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Hobe Sound, FL, is $800,651.00, with the most expensive house in Hobe Sound, FL, topping out at $88,396,400.00 and the cheapest home in Hobe Sound, FL, clocking in at $46,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Hobe Sound, FL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hobe Sound, FL, is on a rollercoaster ride. The average rent price in Hobe Sound, FL, is $1,845.00. Indeed, when looking to rent in Hobe Sound, FL, you can expect to pay as little as $580.00 or as much as $3,500.00, with the average rent median estimated to be $1,760.00. The good news is that finding an affordable and desirable property to rent in Hobe Sound, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Hobe Sound, FL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Hobe Sound, FL and much more. Save thousands at closing with home foreclosure listings in Hobe Sound, FL — up to 75% off market value!
Hobe Sound is located in Martin, Florida, with an estimated municipal population of 14,003 residents. All of the best foreclosed homes for sale in Hobe Sound are located in the following zip code areas on Foreclosure.com: 33455. The estimated population per square kilometer (.62 miles) in Hobe Sound is 760.
So, about how much do homes cost in Hobe Sound? The most recent median value of resident-owned homes in Hobe Sound is 218,474. An estimated 76.2 percent of households in Hobe Sound own their homes, with an average family size of 2.94. The median household income in Hobe Sound is 50,030, with23.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Hobe Sound, the median commute time of resident workers (in minutes) is 27.4. And last, but certainly not least, are you looking for homes to rent in Hobe Sound? If so, the average rent price paid by renters in Hobe Sound is 1,012, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Hobe Sound, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Hobe Sound is 54.9, split between 48.1 percent male versus 51.9 female. The percentage of residents who report being married in Hobe Sound is 46.8, with an average family size of 2.94.
The percentage of residents who report their race in Hobe Sound is as follows:
|Black / African American||8.6%|
|American Indian / Alaskan Native||0.4%|
|Native Hawaiian / Other Pacifc Islander||0.4%|
Looking for family-friendly neighborhoods in and/or near Hobe Sound? Or maybe you are searching for 55+ active adult communities in and/or near Hobe Sound?
The percentage of residents who report their age in Hobe Sound is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Hobe Sound with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Hobe Sound.
How do you know that living in -- or moving to -- Hobe Sound is right where you need to be? Perhaps you grew up in Hobe Sound or already live nearby; therefore, the decision to buy a home in Hobe Sound is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Hobe Sound for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Hobe Sound:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Hobe Sound.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Hobe Sound can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Hobe Sound, meanwhile, can field multiple offers from more qualified buyers.
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