All Countries
Hobart, IN
Full City Profile · Indiana · Lake County County
3.2
/5.0
B
Good
29,646
Population
1,132/sq mi density
$71,680
Median Income
$35,822 per capita
$203,400
Home Value
$235,917 Zillow
$1,174
Median Rent
34.0% income on rent
51°F
Avg Temperature
275 sunny days/yr
140
Violent Crime/100K
3,458 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$71,680 median income, 2.9% unemployment
A+
Affordability
5.0 / 5.0
$203,400 home value, $1,174/mo rent
F
Safety
1.0 / 5.0
140 violent crimes/100K
C+
Education
2.8 / 5.0
22.6% bachelor's degree or higher
Housing Overview
Median Home Value
$203,400
28% below
US avg: $281,900
Median Rent
$1,174/mo
1% above
US avg: $1,163/mo
Homeownership Rate
70.2%
7% above US avg (65.4%)
Total Housing Units
12,849
Median year built: 1973
Home Value by Source
Census Median
$203,400
Zillow (ZHVI)
$235,917
Median Sale Price
$231,250
Median List Price
$254,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
70.2%
Owner-Occupied
29.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$1,174/mo
· Zillow rent:
$1,291/mo
Market Indicators (Redfin)
Median Days on Market
60 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
26
Price Drops
31.2%
of listings with price reduction
Price Per Sq Ft
$147
Active Inventory
77
homes for sale
Affordability & Housing Stock
Rent Burden
34.0%
of renters spending 30%+ of income on housing
10% above US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
70.2%
Complete Housing Data
Home Values
| Census Median Value | $203,400 |
| Zillow Home Value (ZHVI) | $235,917 |
| Median Sale Price | $231,250 |
| Median List Price | $254,450 |
| Price Per Sq Ft | $147 |
Rent
| Census Median Rent | $1,174 |
| Zillow Rent (ZORI) | $1,291 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 60 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 31.2% |
| Homes Sold | 26 |
| Active Inventory | 77 |
| Price Per Sq Ft | $147 |
Ownership & Stock
| Owner-Occupied | 70.2% |
| Renter-Occupied | 29.8% |
| Homeownership Rate | 70.2% |
| Total Housing Units | 12,849 |
| Median Year Built | 1973 |
| Rent Burden | 34.0% |