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HOBART, IN 46342

Real Estate Market Report  ·  Lake County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
106
⇧ 37.7% vs 77 last year
Pending
32
30% pending ratio
Median Price
$272,450
⇧ 11.2% vs $244,924 last year
Average Price
$284,075
⇧ 15.9% vs $245,102 last year
Days on Market
64
⇩ 15.8% vs 76 days last year

Market Context

Population: 32,049  ·  Density: 353.2/mi²  ·  Median household income: $68,808

Typical home value: $181,297  ·  Homeownership: 76.1%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The HOBART, IN real estate market (46342) currently shows 106 active listings, with 32 pending sales. Homes are averaging 64 days on the market before going under contract.

Inventory has increased compared to last year, with 29 more homes available — giving buyers more choice.

Homes are selling faster, averaging 64 days on market compared to 76 days last year.

The median listing price has risen 11.2% year-over-year, from $244,924 to $272,450.

Whether you are buying or selling in HOBART, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 106 this year vs 77 last year
  • Days on market: 64 now vs 76 last year

Median & Average Pricing

Year over Year
  • Median: $272,450 (+11.2% YoY)
  • Average: $284,075 (+15.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.1 miles — 948 listings ($347,420,898 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46342Hobart, IN 463420.0 mi106$30,111,950$272,450$284,075
46409Gary, IN 464094.6 mi42$4,841,718$125,000$115,279
46368Portage, IN 463685.7 mi130$46,048,600$329,000$354,220
46403Gary, IN 464036.2 mi54$13,402,800$221,000$248,200
46385Valparaiso, IN 463857.3 mi190$104,446,610$448,500$549,719
46404Gary, IN 464048.2 mi58$9,217,766$165,000$158,927
46319Griffith, IN 463199.1 mi34$9,141,070$265,900$268,855
46375Schererville, IN 4637510.9 mi85$32,242,285$349,900$379,321
46323Hammond, IN 4632311.9 mi43$9,133,673$214,900$212,411
46302Boone Grove, IN 4630212.5 mi1$189,000$189,000$189,000
46383Valparaiso, IN 4638313.2 mi104$47,901,360$372,495$460,590
46324Hammond, IN 4632414.0 mi39$7,980,414$197,450$204,626
46311Dyer, IN 4631114.1 mi62$32,763,652$404,350$528,446

Frequently Asked Questions

How many homes are for sale in HOBART, IN 46342?

As of January 2026, there are 106 active listings in HOBART, IN (zip code 46342), compared to 77 the prior year.

What is the median home price in HOBART, IN 46342?

The median listing price in HOBART, IN 46342 is $272,450 as of January 2026, a 11.2% increase from $244,924 the prior year.

How long do homes stay on the market in HOBART, IN?

Homes in HOBART, IN 46342 spend an average of 64 days on the market before going under contract, compared to 76 days the prior year.

Is it a seller's or buyer's market in HOBART, IN 46342?

Based on current inventory and days-on-market data as of January 2026, HOBART, IN 46342 is currently a Balanced Market. Inventory has increased compared to last year, with 29 more homes available — giving buyers more choice. Homes are selling faster, averaging 64 days on market compared to 76 days last year.

How much can I save on real estate commission in HOBART, IN?

With SELL123.com's maximum 3% commission, sellers in HOBART, IN 46342 save an estimated $5,449 compared to a typical 5% commission on the median listing price of $272,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.