Hobart, WI—54155
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hobart, WI
As of Oct '25, the median home price in Hobart, WI is $457,000, with a year-over-year change of 3.4%. This indicates that home prices in Hobart, WI are increasing. According to Zillow, the 1-year price projection is 3.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $457,000 | 3.4% |
| Single Family | $467,000 | 3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $426,000 | 2.7% |
4 Bed | $576,000 | 3.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hobart, WI
Hobart, WI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hobart, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Hobart, WI is 28. This is a decrease of -36.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $871,000 | 92.0% |
Listing Count | 17 | -10.0% |
| Listings as % of Homes | 1.8% | -10.0% |
Days on Market | 28 | -36.0% |
Demographics — Hobart, WI
As of the latest ACS Survey released in 2023, Hobart, WI has a population of 7,600, which has increased by 8.5% over the past 5 years. Hobart, WI is a moderately popular place for families, as children make up 23.3% of the population. The area has a moderately educated workforce, with 43.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,600 | 8.5% |
% Under 18 | 23.3% | -1.3% |
% Seniors | 15.1% | 16.2% |
% WFH | 10.5% | 250.0% |
% w/ College Degree | 43.4% | 13.9% |
As of the latest ACS Survey released in 2023, Hobart, WI is a predominantly white area, with 69.9% of the population identifying as white. The white population has grown by 8.7% in the last 5 years. The second most common race or ethnicity in Hobart, WI is hispanic, making up 6.0% of the population. Foreign-born residents account for 3.8% of the population in Hobart, WI, and this percentage has increased by 31.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 69.9% | 8.7% |
% Black | 0.1% | -75.0% |
% Hispanic | 6.0% | 300.0% |
% Asian | 3.3% | -34.0% |
% Foreign Born | 3.8% | 31.0% |
Mortgage and Risk — Hobart, WI
According to HUD data as of 2023, there were 139 mortgage originations in Hobart, WI, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Hobart, WI. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 139 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Hobart, WI
Hobart, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 25 |
Total Units Section 8 | 25 |
% Rentals under Section 8 | 2.6% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $890 |
| 2 Bedroom | N/A | N/A | $1,110 |
| 3 Bedroom | N/A | N/A | $1,480 |
| 4 Bedroom | N/A | N/A | $1,520 |
Affordability — Hobart, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $457,000 |
| Median Household Income | $98,600 |