Hobart, IN Housing Market & Real Estate

Balanced market+7.6% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Hobart, IN is $231,250, up 7.6% year-over-year. Homes sell in an average of 60 days with 77 active listings. The market is currently a balanced market.

$231,250median sale price

Is Hobart a buyer's or seller's market?

Balanced market3.0 months of supply60 avg. days on market

Hobart, IN is currently a balanced market, based on 3.0 months of supply and homes selling in about 60 days. How we determine this →

Homes sold

26

Last 12 weeks

Days on market

60

Average pace

Active listings

77

3.0 months supply

Sale-to-list

97.6%

Below asking

Hobart, IN market data

Current housing market statistics for Hobart, IN
MetricValue
Median sale price$231,250
Median list price$254,450
Year-over-year price change+7.6%
Average days on market60 days
Active inventory77 listings
Months of supply3.0 months
Sale-to-list price ratio97.6%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Hobart housing market is currently classified as a balanced market with a median sale price of $231,250. Prices have risen 7.6% compared to last year, with homes spending an average of 60 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Hobart

There are currently 77 homes listed for sale in Hobart, Indiana. The median listing price is $254K.

Active listings

77

Homes on market

Median list price

$254K

Avg. days on market

60

Days until sale

New this week

32

Newly listed

Price drops:31.2%of listings
Sale-to-list:97.6%

Top public schools in Hobart

9 schools tracked · 5,363 students

The largest public schools serving Hobart, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Hobart High School

Grades 9-12 · 1,343 students

Public

Hobart Middle School

Grades 6-8 · 916 students

Public

Veterans Elementary School at Mundell

Grades 1-5 · 588 students

Public

River Forest High School

Grades 9-12 · 567 students

Public

Joan Martin Elementary School

Grades 1-5 · 499 students

Public

Liberty Elementary School

Grades 1-5 · 408 students

Public

River Forest Middle School

Grades 6-8 · 374 students

Public

John I Meister Elementary School

Grades K-5 · 364 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in IN

Frequently asked questions

What is the average home price in Hobart?

The median home sale price in Hobart is $231,250, up 7.6% from last year.

How long do homes stay on market in Hobart?

Homes typically spend 60 days on market before going under contract.

Is Hobart a buyer's or seller's market?

With 3.0 months of supply, Hobart is currently a balanced market.

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