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Hobart, Indiana Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
6
Sold (12M)
8
Median Price
$42K
Market Condition
Strong Buyer's Market

Hobart, Indiana Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$42K
Avg Price/Acre
$49K
Avg Days on Market
81
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--14
1-2 acres--11
2-5 acres---2
5-10 acres--11
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0038
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres4 sold / 1 listed
1-2 acres1 sold / 1 listed
2-5 acres2 sold / 0 listed
5-10 acres1 sold / 0 listed
20-50 acres0 sold / 3 listed
100+ acres0 sold / 1 listed

Median Price by Acreage

$0$70K$140K
0- 1
1- 2
2- 5
5- 10

Acreage buckets

Key Market Indicators

Total Sales Volume
$466K
Last 12 months
Active Listings
6
Current inventory
Avg Days on Market
81
Time to sell
Price Trend (YoY)
-
Year over year

Hobart, Indiana Land Market Analysis

How much is land worth in Hobart, Indiana?

The median price for land in Hobart, Indiana is currently $49K per acre. For a typical parcel, the median sale price is $42K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $13K while premium lots reached $124K.

What is the total land for sale in Hobart, Indiana?

There are currently 6 active listings in Hobart, Indiana. 1 new listings have hit the market in the last 90 days. The median asking price is $275K.

What is the average price per acre in Hobart, Indiana?

Land in Hobart, Indiana averages $54K per acre. The median price per acre is $49K, which may be more representative of typical transactions. Most parcels sold are around 34,739 sq ft.

What is the median land price in Hobart, Indiana?

The median land price in Hobart, Indiana stands at $42K. This translates to roughly $49K per acre for the typical parcel size. The average price is $58K, indicating some higher-priced properties pulling up the average.

Is now a good time to invest in land in Hobart, Indiana?

The top-performing broker in this market is Ginter Realty.

How long does it take to sell land in Hobart, Indiana?

Land in Hobart, Indiana typically sells within 81 days of listing. The median time on market is 46 days. Properties are moving at a moderate pace in the current strong buyer's market.

What is the total amount sold in Hobart, Indiana last year?

Over the past 12 months, Hobart, Indiana saw 8 properties sold, totaling $466K in sales volume.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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