How much is land worth in Hobart, Oklahoma?
The median price for land in Hobart, Oklahoma is currently $5K per acre. For a typical parcel, the median sale price is $320K. Recently, the cheapest land sold for $320K while premium lots reached $320K.
Comprehensive market data and analysis• Updated Oct 2026
24.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | 1 | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 1 |
Acreage buckets
The median price for land in Hobart, Oklahoma is currently $5K per acre. For a typical parcel, the median sale price is $320K. Recently, the cheapest land sold for $320K while premium lots reached $320K.
Hobart, Oklahoma is currently a strong buyer's market with 24.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Hobart, Oklahoma currently has 24.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The 3-month absorption rate in Hobart, Oklahoma is 4.2%. The 12-month rate is 1.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Hobart, Oklahoma stands at $320K. This translates to roughly $5K per acre for the typical parcel size.
The current absorption rate in Hobart, Oklahoma is 4.2% (3-month basis), indicating slow demand. The top-performing broker in this market is Aspen Grace Realty II LLC.
Land in Hobart, Oklahoma averages $5K per acre. The median price per acre is $5K, which may be more representative of typical transactions. Most parcels sold are around 64.2 acres.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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