Real Estate details: Madison heights VA vs Hobbs NM
RE Insights
| Metric | Madison heights | Hobbs |
|---|---|---|
| Population | 10,694 | 39,648 |
| Median Home Price | $199,000 | $265,000 |
| Rent | 30% | 39% |
| Own | 70% | 61% |
Real Estate Insights Comparison: Madison heights vs Hobbs
- The population in Hobbs is greater at 39,648 compared to 10,694 in Madison heights.
- The median home price in Hobbs is higher at $265,000 compared to $199,000 in Madison heights.
- The rent percentage in Hobbs is higher at 39% compared to 30% in Madison heights.
- A greater percentage of homeowners in Madison heights at 70% compared to 61% in Hobbs.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.