Market Overview
Home Prices in Hobbsville, NC
The median home value in Hobbsville, NC is $252,673 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.5% compared to a year ago and up 10.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hobbsville are priced38% below average. Hobbsville is part of the Virginia Beach-Norfolk-Newport News, VA-NC metro area.
Over the past five years, Hobbsville home values have risen by approximately37.8%, reflecting strong long-term appreciation in this market.
Price History
Hobbsville Home Price Trend
City Comparison
Hobbsville vs. National Median
At $252,673, homes in Hobbsville cost 38% below the national median of $410,000. This makes Hobbsville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hobbsville?
20% Down Payment
$50,535
on $252,673
Monthly P&I
$1,318/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,674/mo
incl. taxes & insurance
Income Needed
$66,960
gross annual (30% rule)
10% Down Option
$25,267
+ PMI applies
Loan Amount (20% dn)
$202,138
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Hobbsville, NC?
The median home value in Hobbsville is $252,673 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.5% year-over-year.
How much have home prices changed in Hobbsville?
Over the past year, home values in Hobbsville have increased by 9.5%. Over five years, prices have risen approximately 37.8%.
How much do I need to earn to buy a home in Hobbsville?
To comfortably afford the median home price of $252,673 with a 20% down payment ($50,535) at today's rates (6.8%), you'd need a gross annual income of approximately $66,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Hobbsville compare to the national average home price?
The national median home value is approximately $410,000. At $252,673, homes in Hobbsville are 38% below the national average.
What metro area is Hobbsville part of?
Hobbsville is part of the Virginia Beach-Norfolk-Newport News, VA-NC metropolitan area. Home prices and market conditions can vary across the broader metro region.