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Featured local agent — Hobart, WA
Sarah Mitchell
Compass Real Estate · Hobart, WA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hobart, WA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$990,000median sale price
How is the Hobart, WA housing market right now?
The median home sale price in Hobart, WA is $990,000, down 10.0% year-over-year. Homes sell in an average of 13 days with 18 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Hobart a buyer's or seller's market?
Hobart, WA is currently a seller's market, based on 3.6 months of supply and homes selling in about 13 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
13
Fast-moving
Active listings
18
3.6 months supply
Sale-to-list
97.8%
Below asking
What does the Hobart housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $990,000 |
| Median list price | $1.24M |
| Year-over-year price change | -10.0% |
| Average days on market | 13 days |
| Active inventory | 18 listings |
| Months of supply | 3.6 months |
| Sale-to-list price ratio | 97.8% |
| Median price per sq ft | $426/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 16 |
| Listings with a price cut | 33.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Hobart by property type?
How the Hobart, WA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $990,000 | $426/sq ft | 5 | 13 days |
Source: Redfin · Updated monthly
The Hobart housing market is currently classified as a seller's market with a median sale price of $990,000. Prices have fallen 10.0% compared to last year, with homes spending an average of 13 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Hobart
There are currently 18 homes listed for sale in Hobart, Washington. The median listing price is $1.2M.
Active listings
18
Homes on market
Median list price
$1.2M
Avg. days on market
13
Days until sale
New this week
16
Newly listed
Who lives in Hobart?
Population
6,841
Median income
$149,635/yr
Median age
44.4 years
Owner-occupied
92.4%
College grads
47.0%
Avg commute
33.7 min
Source: U.S. Census Bureau ACS
What is it like to live in Hobart?
Hobart is a community of approximately 7K residents with a median age of 44.4 years.The median household income is $149,635, which reflects a relatively affluent area with strong earning potential. 47.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 92.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Hobart offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Hobart, WA?
Want a head-to-head view? Compare Hobart side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Hobart?
The median home sale price in Hobart is $990,000, down 10.0% from last year.
How long do homes stay on market in Hobart?
Homes typically spend 13 days on market before going under contract.
What is the median income in Hobart?
The median household income is $149,635 per year.
Is Hobart a buyer's or seller's market?
With 3.6 months of supply, Hobart is currently a seller's market.
How much does a single-family home cost in Hobart?
The median single-family home price in Hobart, WA is $990,000 (about $426 per square foot).
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