Median home value: $233K (+0.9% YoY). Rent: $1,311/mo. Price-to-rent: 14.8x. Part of Chicago-Naperville-Elgin, IL-IN-WI.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Chicago-Naperville-Elgin, IL-IN-WI metro page.
Home Value$232,596
+0.9%
Rent$1,311/mo
AFFORDABILITYRenting $103/mo cheaper ($1,311 rent)6.00% 30yr, 20% down, county tax + IN ins. 28% per HUD.
Enter your income for Hobart.
$46,519 on $232,596
Affordable — 22.6% of income
Under the 28% guideline.
PITI$1,414
P/I22.6%
Afford$288K
Room+$55K
P&I $1,116Tax $165Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing