Hobart, IN Home Values & Market Trends

Real estate market trends reflect that there have been 582 transactions over the past year in Hobart. The median value for residential home transactions that occurred over the previous year is $206,804.93. The number of current listings in Hobart is 28, and the percentage of properties for sale in the city is 28.00%. Hobart, IN currently has 66 properties in foreclosure, 2 bank owned properties, 16 properties headed for auction, and 28 properties for sale.

Hobart, IN Real Estate Market Overview

ZipMedian Est. Value
46342

$ 225,000

$ 131/sqft

Housing Market Summary for Hobart, IN

Apr 2023March 2024Change
Median Listing Price$279.9K$209.8K-25.03%
Median Sold Price$216.9K$209.8K-3.26%
Homes For Sale172758.82%
Homes Sold20335775.86%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Hobart, IN

Hobart home values range from $21,014 to $2,667,924. The median estimated value of a home in Hobart is $206,804.93. The median list price of a home is 259,950, and the total count of properties in the city is 10,649.

Foreclosure
There is 1 zips within Hobart, IN; within this zips, the median estimated home value for homes in foreclosure ranges from $395,000 in 46342 to the lowest value of $128,576 in 46342. Foreclosure homes account for 0.00% of properties in Hobart, IN with 46342 containing 67 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.45% of all residential properties in Hobart, IN with 46342 containing 49 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Hobart, IN; of that zips, the estimated home value for pre-foreclosure homes ranges from $395,000 in 46342 to the lowest home value of $128,576 in 46342.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Hobart, IN ranges from the highest value of $241,250 in 46342 to the lowest value of $162,540 in 46342. Bank owned homes and properties account for 0.02% of properties in Hobart, IN. There is 1 zips within Hobart, IN; 46342 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    46342 has 16 auction properties, the highest number of properties going to auction in a single zip in the state of Hobart, IN. Auction homes and other auction properties account for 0.15% of all properties in Hobart, IN. There is 1 zips within Hobart, IN; of that zips, the median estimated home value for homes going to auction ranges from $271,500 in 46342 to the lowest value of $144,894 in 46342.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.26% of residential properties in Hobart, IN with 46342 containing 31 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Hobart, IN; homes for sale in that zips, have a range of median values from $415,900 in 46342 to the lowest value of $64,587 in 46342.
    Sold Homes
    The median value for recently sold homes ranges from $580,536 in 46342 to the lowest price of $29,820 in 46342. There is 1 zips within Hobart, IN. 46342 has 379 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.40% of properties in Hobart, IN.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Hobart, IN
      $
      $

      Guide for Hobart, IN

      Market Reports
      Indianapolis Property Values on the Rise: A One-Year Lookback Of Market Growth
      Market Reports
      Fort Wayne Real Estate Property Values Increase in 2023
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      Home Buying Financing
      What To Consider Before Renting a RTO Home
      See More Articles
      Indianapolis Property Values on the Rise: A One-Year Lookback Of Market Growth
      Market Reports|posted 28 February 2024

      The real estate market in Indianapolis, Indiana has shown growth in property values from March 2023 to January 2024, despite a minor dip in properties sold.

      Fort Wayne Real Estate Property Values Increase in 2023
      Market Reports|posted 14 February 2024

      The Fort Wayne, Indiana real estate market showed impressive growth trends in 2023, with property values and prices per square foot showing an upward trajectory, suggesting potential for continued growth.

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      What To Consider Before Renting a RTO Home
      Home Buying Financing|posted 5 April 2024

      RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.