Hobe Sound, FL

Buyer's market+5.6% YoY

Housing market overview · Updated weekly

$464,500median sale price

Homes sold

21

Last 12 weeks

Days on market

139

Average pace

Active listings

102

4.9 months supply

Sale-to-list

95.8%

Below asking

The Hobe Sound housing market is currently classified as a buyer's market with a median sale price of $464,500. Prices have risen 5.6% compared to last year, with homes spending an average of 139 days on market, indicating 4.9 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Hobe Sound

There are currently 102 homes listed for sale in Hobe Sound, Florida. The median listing price is $795K.

Active listings

102

Homes on market

Median list price

$795K

Avg. days on market

139

Days until sale

New this week

24

Newly listed

Price drops:27.5%of listings
Sale-to-list:95.8%

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Frequently asked questions

What is the average home price in Hobe Sound?

The median home sale price in Hobe Sound is $464,500, up 5.6% from last year.

How long do homes stay on market in Hobe Sound?

Homes typically spend 139 days on market before going under contract.

Is Hobe Sound a buyer's or seller's market?

With 4.9 months of supply, Hobe Sound is currently a buyer's market.

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