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Hobart, IN 46342 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Hobart, IN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.00
ActiveActive listings: 9191PendingPending sales: 00
Hobart, IN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $222k$222kSoldMedian sold price (last 6 months): $251k$251k
What homes actually sell for in Hobart, IN
Distribution of 261 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $205k to $320k
$126k to $161k: 13 sales$126k$161k to $196k: 32 sales$196k to $232k: 38 sales$196k$232k to $267k: 55 sales55sales$267k to $302k: 34 sales$267k$302k to $338k: 21 sales$338k to $373k: 24 sales$338k$373k to $408k: 17 salesMedian $251k

What the numbers say

As of September 14, 2026, Resideline is tracking 91 active listings and 0 pending sales in ZIP code 46342. That pending-to-active ratio of 0.00 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $222,499, while the median of the 261 closed sales Resideline tracked over the last six months was $250,740. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 46342 for 62 days.

Frequently asked questions

What is the median home price in 46342?

The median closed sale price in Hobart, IN 46342 was $250,740 over the last six months, based on 261 closed sales tracked by Resideline. The middle half of those sales ranged from $205,000 to $319,990.

Is 46342 a buyer's or seller's market?

Resideline is currently tracking 0 pending sales against 91 active listings in 46342, a pending-to-active ratio of 0.00. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 46342 currently looks like a balanced market.

Nearby ZIP code market data

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