Housing in Hobart, IN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$235,000
Median List Price
$265,000
Price Per Sq Ft
$154
Days on Market
36
Active Inventory
82
Months of Supply
3.6
Seller's market
Zillow Home Value
$232,596
ZHVI — January 2026
Zillow Rent Index
$1,311
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
4.3%
Off Market in 2 Weeks
20.0%
Sale-to-List Ratio
97.1%
Buyer's market
Market Activity
Source: RedfinHomes Sold
23
New Listings
33
Pending Sales
25
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$154
Median List $/SF
$146
Hobart vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Hobart is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$203,400
Median Rent
$1,174
Total Housing Units
12,818
Vacancy Rate
6.6%
Owner Occupied
70.2%
Renter Occupied
29.8%
Median Property Tax
$2,204
per year
Monthly Cost (w/ Mortgage)
$1,181
Housing Types
The current median sale price in Hobart, IN is $235,000 according to Redfin data. Homes spend a median of 36 days on the market. 4.3% of homes sold above asking price. The market has 3.6 months of supply. The median price per square foot is $154. Zillow's observed rent index is $1,311/month. About 70.2% of housing units are owner-occupied. The median year homes were built is 1972. There are 12,818 total housing units.