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Hobart

Why you'd want to live in Hobart

Hobart incorporated as a town in 1889 and reincorporated as a city in 1921. Hobart has continued to grow through the years and major annexations in Hobart Township to the north in 1988 and Ross Township in 1992, including the Southlake Mall area along U.S. 30 to the south, have strengthened the city's potential for continued residential, commerical and light industrial development. Hobart's population according to the 2010 Census was 29,059. Located 38 miles from Chicago and 150 miles north of Indianapolis, the 26 square miles of Hobart continues to thrive with retail corridors, light industry, great schools, a downtown district on the banks of Lake George and residents and visitors enjoying a quality of life surely envisioned by George Earle.

Hobart Market Report

$300,613

AVERAGE PRICE OF 133 HOMES

$300,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,549,950

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$347,908

AVERAGE PRICE OF 17 NEWLY BUILT HOMES

$361,708

AVERAGE PRICE OF 12 HOMES WITH A POOL

$254,171

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $300,613
Avg Bedrooms 2.84 beds
Avg Bathrooms 1.83 baths

Average Price by Bedrooms

1 bedroom $130,000
2 bedrooms $208,860
3 bedrooms $262,377
4 bedrooms $346,044
5 bedrooms $548,700
Hobart Home Price Trends
  4/2025 3/2025 2/2025 1/2025 12/2024
Total Listings 129 110 98 90 103
Average Price $272,570 $269,018 $273,016 $273,241 $255,777
Avg Price Change +1.32% -1.49% -0.08% +6.83% -0.19%
Median Price $253,832 $234,646 $239,795 $241,498 $234,524
Med Price Change +8.18% -2.19% -0.71% +2.97% -3.26%
Avg Bedrooms 2.67 beds 2.57 beds 2.6 beds 2.6 beds 2.68 beds
Avg Bathrooms 1.71 baths 1.61 baths 1.57 baths 1.54 baths 1.6 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Hobart High School 43 $296,728 83 days
Total Homes Average Price Avg Days on Site
All Homes 133 $300,613 76 days
Distressed Homes 1 $300,000 449 days
Multi-Million Dollar Homes 2 $1,549,950 184 days
Newly Built Homes 17 $347,908 151 days
Homes with a Pool 12 $361,708 21 days
Reduced Price Homes 7 $254,171 56 days

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The Jana Caudill Team
eXp Realty
503 E Summit St. Ste 2
Crown Point, IN 46307
219-661-1256

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