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Hobe Sound, FL
Full City Profile · Florida · Martin County County
3.4
/5.0
B
Good
14,313
Population
2,013/sq mi density
$63,233
Median Income
$43,896 per capita
$323,700
Home Value
$491,868 Zillow
$1,184
Median Rent
30.8% income on rent
74°F
Avg Temperature
330 sunny days/yr
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$63,233 median income, 2.5% unemployment
B+
Affordability
3.8 / 5.0
$323,700 home value, $1,184/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B
Education
3.3 / 5.0
28.6% bachelor's degree or higher
Housing Overview
Median Home Value
$323,700
15% above
US avg: $281,900
Median Rent
$1,184/mo
2% above
US avg: $1,163/mo
Homeownership Rate
77.2%
18% above US avg (65.4%)
Total Housing Units
7,630
Median year built: 1983
Home Value by Source
Census Median
$323,700
Zillow (ZHVI)
$491,868
Median Sale Price
$464,500
Median List Price
$794,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
77.2%
Owner-Occupied
22.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent:
$1,184/mo
· Zillow rent:
$3,028/mo
Market Indicators (Redfin)
Median Days on Market
139 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
21
Price Drops
27.5%
of listings with price reduction
Price Per Sq Ft
$317
Active Inventory
102
homes for sale
Affordability & Housing Stock
Rent Burden
30.8%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
77.2%
Complete Housing Data
Home Values
| Census Median Value | $323,700 |
| Zillow Home Value (ZHVI) | $491,868 |
| Median Sale Price | $464,500 |
| Median List Price | $794,500 |
| Price Per Sq Ft | $317 |
Rent
| Census Median Rent | $1,184 |
| Zillow Rent (ZORI) | $3,028 |
| FMR Studio | $1,212 |
| FMR 1-Bedroom | $1,296 |
| FMR 2-Bedroom | $1,526 |
| FMR 3-Bedroom | $1,971 |
| FMR 4-Bedroom | $2,261 |
Market
| Days on Market | 139 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 27.5% |
| Homes Sold | 21 |
| Active Inventory | 102 |
| Price Per Sq Ft | $317 |
Ownership & Stock
| Owner-Occupied | 77.2% |
| Renter-Occupied | 22.8% |
| Homeownership Rate | 77.2% |
| Total Housing Units | 7,630 |
| Median Year Built | 1983 |
| Rent Burden | 30.8% |