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Short Sale Listings in Hobart, IN

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Living in Hobart, IN

Hobart, Indiana is a thriving small city known for its family-friendly atmosphere and natural beauty. With a mix of suburban living and urban conveniences, Hobart offers great schools, abundant recreational activities, and a vibrant community spirit. The city’s location near major highways provides easy access to larger urban centers while maintaining a peaceful residential atmosphere.

Current Market Conditions in Hobart, IN

Recent trends indicate a steady appreciation in home values in Hobart, with an average increase of about 5% over the past year. This growth reflects the city's attractive living conditions and convenient access to nearby urban areas, making it a desirable option for homebuyers.

Inventory levels have been relatively low, resulting in a competitive market that favors sellers. However, as more developments are planned in the region, potential homebuyers can expect new offerings to enter the market.

Home Value Estimator For Hobart, IN

There are currently 10,973 real estate properties in Hobart, IN, with a median automated valuation model (AVM) price of $231,530.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hobart, IN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Hobart, IN, is $244,205.00, with the most expensive house in Hobart, IN, topping out at $2,475,303.00 and the cheapest home in Hobart, IN, clocking in at $10,363.00. In other words, there’s something for every potential homebuyer or savvy investor in Hobart, IN!

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 $1,342.00. 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.

Hobart, IN Short Sale Listings

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