Is Hobart, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Hobart was a Seller's Market.
Housing Prices in Hobart, WI
How much do homes in Hobart, WI cost?
Median Sold Price
$485,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hobart was $485,000 in May 2024, up 16.9% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $240K | $330.5K | +37.7% |
3 Bedrooms | $384.9K | $419.9K | +9.1% |
4 Bedrooms | $445K | $537.4K | +20.8% |
5+ Bedrooms | $652.5K | $695K | +6.5% |
Summary: Hobart housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 37.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Cities
Hobart | $414.9K | $485K | +16.9% |
Ashwaubenon | $276.5K | $322K | +16.5% |
Lawrence | $439.9K | $499K | +13.4% |
Oneida | $390K | $410K | +5.1% |
Howard | $350.5K | $355K | +1.3% |
Housing Supply in Hobart, WI
How many homes are available in Hobart, WI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
26 | 31 | +19.2% |
Summary: The Hobart real estate market had 31 homes for sale in May 2024, a 19.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 8 | 11 | +37.5% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Hobart housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Hobart in May 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Hobart, WI
We’re sorry, we don't have information for this market at the moment