Hobe Sound, FL—33455
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hobe Sound, FL
As of Oct '25, the median home price in Hobe Sound, FL is $514,000, with a year-over-year change of -5.2%. This indicates that home prices in Hobe Sound, FL are decreasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $514,000 | -5.2% |
| Single Family | $544,000 | -4.9% |
| Condos | $232,000 | -9.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $317,000 | -8.6% |
3 Bed | $574,000 | -4.5% |
4 Bed | $931,000 | -2.3% |
| 5 Bed | $5,304,000 | -0.5% |
% of Housing Stock
Rental Trends — Hobe Sound, FL
As of July '25, Rentcast reports the average rent in Hobe Sound, FL is $3,090, with a year-over-year rent change of 5.8%. Per bedroom, the median rent as of July '25 in Hobe Sound, FL is 1-bedrooms: $1,800, 2-bedrooms: $2,420, 3-bedrooms: $4,100, 4-bedrooms: $3,150. The most common rental property sizes in Hobe Sound, FL are 2-bedroom and 3-bedroom, accounting for 48.8% and 27.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,850 | $3,090 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,990 | $1,800 |
| 2 Bed Rent | $2,100 | $2,420 |
| 3 Bed Rent | $3,500 | $4,100 |
| 4 Bed Rent | $2,950 | $3,150 |
% of Rental Stock
Property Listings — Hobe Sound, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Hobe Sound, FL is 95. This is a increase of 65.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $657,000 | 5.0% |
Listing Count | 204 | 20.0% |
| Listings as % of Homes | 1.1% | 20.0% |
Days on Market | 95 | 65.0% |
Demographics — Hobe Sound, FL
As of the latest ACS Survey released in 2023, Hobe Sound, FL has a population of 21,000, which has decreased by -6.4% over the past 5 years. Hobe Sound, FL is a less popular place for families, as children make up 14.2% of the population. The area has a moderately educated workforce, with 36.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,000 | -6.4% |
% Under 18 | 14.2% | 1.4% |
% Seniors | 37.2% | 1.1% |
% WFH | 16.5% | 71.9% |
% w/ College Degree | 36.1% | 2.0% |
As of the latest ACS Survey released in 2023, Hobe Sound, FL is a predominantly white area, with 84.2% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Hobe Sound, FL is hispanic, making up 8.0% of the population. Foreign-born residents account for 7.5% of the population in Hobe Sound, FL, and this percentage has decreased by 18.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.2% | -0.9% |
% Black | 5.1% | -5.6% |
% Hispanic | 8.0% | 14.3% |
% Asian | 1.0% | -33.3% |
% Foreign Born | 7.5% | -18.5% |
Mortgage and Risk — Hobe Sound, FL
According to HUD data as of 2023, there were 369 mortgage originations in Hobe Sound, FL, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Hobe Sound, FL. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 369 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 2.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Hobe Sound, FL
As of 2024, the percent of homes in Hobe Sound, FL under the Section 8 program is 0.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Hobe Sound, FL, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$810 | $1,990 | $1,180 |
| 2 Bedroom | -$680 | $2,100 | $1,420 |
| 3 Bedroom | -$1,540 | $3,500 | $1,960 |
| 4 Bedroom | -$760 | $2,950 | $2,190 |
Affordability — Hobe Sound, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.1 |
| Median Home Price | $514,000 |
| Median Household Income | $74,100 |