Hobart, IN housing market
Homes typically sell in 37 days, a little above asking.
Home values, sales, trends and how Hobart compares with the towns next door — updated as new data is published.
Hobart at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Hobart and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Hobart | — | — | 37 | $75,160 |
| Lake Station | $162K | +0.8% | 30 | $59,591 |
| Merrillville | $245K | +1.1% | 20 | $67,587 |
| Hobart | $246K | +1.2% | — | $70,273 |
| New Chicago | $167K | +1.8% | — | $57,313 |
| Gary | $92K | −1.3% | 33 | $38,731 |
| Portage | $270K | +0.4% | — | $76,594 |
2.9 years of income
The typical Hobart home costs about 2.9 years of the town's median household income, less than across Indiana (3.6 years).
How Hobart ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.