All Countries
Hobart, WA
Full City Profile · Washington · Pierce County County
3.5
/5.0
B+
Good
6,841
Population
364/sq mi density
$149,635
Median Income
$67,167 per capita
$893,700
Home Value
$791,182 Zillow
$2,307
Median Rent
22.8% income on rent
54°F
Avg Temperature
240 sunny days/yr
51
Violent Crime/100K
1,445 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$149,635 median income, 2.1% unemployment
B
Affordability
3.3 / 5.0
$893,700 home value, $2,307/mo rent
F
Safety
1.0 / 5.0
51 violent crimes/100K
A+
Education
4.8 / 5.0
47.0% bachelor's degree or higher
Housing Overview
Median Home Value
$893,700
217% above
US avg: $281,900
Median Rent
$2,307/mo
98% above
US avg: $1,163/mo
Homeownership Rate
92.4%
41% above US avg (65.4%)
Total Housing Units
2,587
Median year built: 1982
Home Value by Source
Census Median
$893,700
Zillow (ZHVI)
$791,182
Median Sale Price
$955,000
Median List Price
$827,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
92.4%
Owner-Occupied
7.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent:
$2,307/mo
Market Indicators (Redfin)
Median Days on Market
118 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
11.1%
of listings with price reduction
Price Per Sq Ft
$507
Active Inventory
9
homes for sale
Affordability & Housing Stock
Rent Burden
22.8%
of renters spending 30%+ of income on housing
26% below US avg (31.0%)
Median Year Built
1982
Average age of housing stock: 44 years
Homeownership Rate
92.4%
Complete Housing Data
Home Values
| Census Median Value | $893,700 |
| Zillow Home Value (ZHVI) | $791,182 |
| Median Sale Price | $955,000 |
| Median List Price | $827,500 |
| Price Per Sq Ft | $507 |
Rent
| Census Median Rent | $2,307 |
| FMR Studio | $1,082 |
| FMR 1-Bedroom | $1,180 |
| FMR 2-Bedroom | $1,472 |
| FMR 3-Bedroom | $2,003 |
| FMR 4-Bedroom | $2,351 |
Market
| Days on Market | 118 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 11.1% |
| Homes Sold | 2 |
| Active Inventory | 9 |
| Price Per Sq Ft | $507 |
Ownership & Stock
| Owner-Occupied | 92.4% |
| Renter-Occupied | 7.6% |
| Homeownership Rate | 92.4% |
| Total Housing Units | 2,587 |
| Median Year Built | 1982 |
| Rent Burden | 22.8% |