Is Hobart, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Hobart was a Seller's Market.
Key Takeaway
Hobart is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Hobart, WI
How much do homes in Hobart, WI cost?
Median Sold Price
$474,900
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Hobart have sold for 14.4% more than they did a year ago.
Summary: The median home sold price in Hobart was $474,900 in April 2024, up 14.4% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $240K | $330.5K | +37.7% |
| 3 Bedrooms | $384.9K | $418K | +8.6% |
| 4 Bedrooms | $475K | $514.9K | +8.4% |
| 5+ Bedrooms | $608.9K | $786K | +29.1% |
Summary: Hobart housing prices by bedroom type for April 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 8.6%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 29.1%.
Median Sold Price Compared To Nearby Cities
| Ashwaubenon | $273.4K | $320K | +17.0% |
| Lawrence | $430K | $499.9K | +16.3% |
| Hobart | $414.9K | $474.9K | +14.4% |
| Oneida | $382.4K | $413.5K | +8.1% |
| Howard | $349.8K | $355K | +1.5% |
Housing Supply in Hobart, WI
How many homes are available in Hobart, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 25 | +25.0% |
Summary: The Hobart real estate market had 25 homes for sale in April 2024, a 25.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Hobart housing inventory by bedroom type for April 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 60%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hobart, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Hobart in April 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Hobart, WI
We’re sorry, we don't have information for this market at the moment
