$2,968 Closing Credit*
$249,900
1,428 SqFt
3 Beds
•2 Full Baths
#50301815, Ben Bartolazzi, Listing Office: Ben Bartolazzi Real Estate, Inc
Is Hobart, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Hobart has remained a Seller's Market.
Key Takeaway
Hobart is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hobart, WI
How much do homes in Hobart, WI cost?
Median Sold Price
$477,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,150(+8.0%)
Key Takeaway
Homes in Hobart have sold for 8% more than they did a year ago.
Summary: The median home sold price in Hobart was $477,000 in November 2024, up 8% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $330.5K | $359.9K | +8.9% |
| 3 Bedrooms | $415K | $435K | +4.8% |
| 4 Bedrooms | $504.9K | $539.9K | +6.9% |
| 5+ Bedrooms | $705K | $753K | +6.8% |
Summary: Hobart housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 6.8%.
Median Sold Price Compared To Nearby Cities
| Ashwaubenon | $300K | $360K | +20.0% |
| Hobart | $441.8K | $477K | +8.0% |
| Howard | $349K | $365K | +4.6% |
| Lawrence | $462.4K | $483.9K | +4.6% |
| Oneida | $410K | $417.4K | +1.8% |
Housing Supply in Hobart, WI
How many homes are available in Hobart, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 22 | -33.3% |
Summary: The Hobart real estate market had 22 homes for sale in November 2024, a 33.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 16 | 8 | -50.0% |
| 4 Bedrooms | 13 | 9 | -30.8% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Hobart housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 7 | -46.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hobart, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Hobart in November 2024, down by 46.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.
Days on Market for Hobart, WI
We’re sorry, we don't have information for this market at the moment
