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Hobart, IN Properties

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Find, analyze, and compare Hobart, IN investment properties, including off-market opportunities and residential homes with value-add potential. Hobart offers a diverse housing market with single-family homes, and vacant properties. Investors can explore potential investment opportunities for long-term rentals (LTRs) throughout Indiana. Explore housing market trends in Hobart, where up-and-coming neighborhoods may offer potential for passive rental income and other investment strategies. Property Intel by Whitepages makes it easy to analyze market trends, uncover off-market properties, compare neighborhood benchmarks, and access owner contact information to help you find the best investment properties in Hobart, IN for your real estate goals.

In Hobart, the median property value currently stands at $205,419, reflecting a 11.05% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $307,893 (a 0.02% gain). The housing market includes a total of 14,435 houses.The median home in Hobart has 1,549 square feet of living space, priced at a median of $146 per square foot with a median year built of 1962. For long-term rental properties in Hobart, the median annual gross rental income is $23,400 (or $1,950/month) with estimated operating expenses of $6,757, resulting in an approximate gross cap rate of 8.03%.

Property Intel by Whitepages helps investors and homeowners explore the Hobart area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in Hobart, IN.

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INHobart

Housing Market Trends & Statistics for Hobart, Indiana

Median Property Value
$205,419
Total number of Properties
14,435
Median Living Space
1,549 sq ft
Median Year Built
1962 (63 years)
5-Year Appreciation Forecast
$307,893
Median Lot Size
9,409 sq ft
Average Ownership
1 year 2 months
for Hobart, IN
  • Est. Rental Income
    $23,400 ($1,950 per month)
  • Net Operating Income
    $16,643 ($1,387 per month)
  • Cap Rate
    8.03%

Find Investment Properties in Hobart

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Nearby Neighborhoods

  1. Glen Park in Gary, IN
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  10. Westside in Gary, IN

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