Zip 46342 (Hobart, IN) Housing

Housing in 46342 Hobart, IN is quite valuable compared to the US median house value. The median value of housing here is $205,000, which is almost 40% lower than the US median house value of $338,100. Despite the lower median house value in the area, the one year appreciation rate for Hobart housing is 9.67%, which is 1.4% higher than the national average of 8.27%. This indicates that houses in this area are gaining significant value over time, making it an attractive option for potential homebuyers looking to invest in real estate.

The median home cost in Hobart (zip 46342) is $205,000. Home appreciation the last 10 years has been 76.1%. Home Appreciation in Hobart (zip 46342) is up 14.2%.

Average Age of Homes

- The median age of Hobart (zip 46342) real estate is 51 years old

The Rental Market in Hobart (zip 46342)

- Renters make up 22.7% of the Hobart (zip 46342) population
- 1.0% of houses and apartments in Hobart (zip 46342), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Hobart, Indiana	United States
	13,700.0	139,647,020.0
	49	42
	$205,000	$338,100
	14.2%	16.6%
	54.9%	57.0%
	76.1%	101.1%
	$11.91	$10.98
	$1,819	$2,690
	71.5%	57.4%
	7.6%	11.2%
	20.9%	31.4%
Vacant Housing
	1.0%	1.9%
	0.0%	0.4%
	2.0%	0.7%
	0.9%	0.4%
	0.1%	3.6%
	3.6%	4.1%
Value of Owner-Occupied Housing
	3.4%	2.6%
	2.1%	2.4%
	1.0%	2.8%
	4.3%	3.9%
	10.0%	4.5%
	27.9%	11.3%
	21.1%	13.0%
	23.1%	20.1%
	5.3%	13.6%
	0.5%	8.3%
	0.9%	9.7%
	0.0%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	12.4%	13.6%
	12.4%	13.6%
	13.3%	13.6%
	5.9%	13.2%
	17.4%	14.8%
	13.3%	13.6%
	14.6%	10.0%
	9.4%	4.7%
	10.8%	12.2%

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