Search Results in Hobart, IN

Current Market Conditions in Hobart, IN

As of October 2023, Hobart's real estate market is showing signs of growth with a steady increase in home prices. This trend is fueled by the demand for affordable housing options in the area, which has become attractive to both first-time homebuyers and investors looking for rental properties.

Current market data indicates that homes in Hobart are averaging faster sale times, with homes selling for approximately 3% above listing price. The city's affordability compared to nearby areas makes it a desirable location for those seeking value.

Rent Prices In Hobart, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hobart, IN, is on a rollercoaster ride. The average rent price in Hobart, IN, is $1,336.00. Indeed, when looking to rent in Hobart, IN, you can expect to pay as little as $730.00 or as much as $3,080.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Hobart, IN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.