Photo: Dennisyerger84 · CC BY-SA 3.0449 homes sold in Hobart Township in the last year, at a typical $242K
Redfin reports Hobart Township’s sales by ZIP code, so these figures are for ZIP 46342, which takes in Hobart Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Hobart Township homes are listed.
Every place Hobart Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Hobart Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 92% of Hobart Township’s sales, at a typical $235K (year to May 2026)
449 homes sold in the year to September 2026.
typical sale · 407 sold in the year to May 2026
- Per square foot
- $158IN $148
- Days to sell
- 38
- Sold over asking
- 29%
Condos: 7 sold, typical $164K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at twice the 2016 price
449 sales in the last year, against 577 in 2021 and a low of 302 in 2012. The typical sale went from $118K in 2016 to $242K.
Source: Redfin Data Center, MLS sales; for ZIP 46342, which takes in Hobart Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $250K buys in Hobart Township
Check a listing against what Hobart Township homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Hobart Township are more common than before the pandemic, but 42% fewer homes come up for sale
We read every month of home sales in ZIP 46342 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 449 sales.
If you’re buying in Hobart Township
- Shop in May. It brings about 52 new listings a month, close to the busiest month, with fewer bidding wars (25% over asking).
- Bid near asking. Buyers paid 98.8% of the list price on average; 25% paid over.
- You’ll usually have time. Only 40% of homes go under contract within two weeks; the typical one takes 31 days.
Summer brings both the most homes and the most bidding wars
July has the most new listings (about 58 a month), but August is the most competitive: 29% of August sales close over asking. May and June offer nearly as much choice with fewer homes bid up (25%). February has the least competition (19%) but only about 32 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than Indiana
| Hobart Township now | 2017–19 | 2021 peak | IN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 25% | 18% | 42% | 17% |
| Gone within two weeksShare of homes under contract within 14 days | 40% | 1% | 7% | 35% |
| Price paid vs. askingAverage sale price ÷ list price | 98.8% | 97.4% | 100% | 97.5% |
| Days to sellMedian days from listing to contract | 31 | 70 | 52 | 38 |
95 homes for sale on a typical day
That’s 1.3 times the 2023 low (71), 42% fewer than in 2017–19 and well under 2015’s 296.
Since 2019, houses are up 56%, condos 35%
A house typically sold for $235K in the year to May 2026 (407 sales), a condo for $164K (8).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Source: Redfin Data Center, ZIP code tracker; for ZIP 46342, which takes in Hobart Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Hobart Township home costs about $1,473 a month
Price: Hobart Township’s typical sale, last 12 months. Property tax at Hobart Township’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Hobart Township is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. February has the fewest, about 32.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $242K home, about $2,530 a year.
Taxes vs. neighborsSchools
The schools grade for Hobart Township, from test results, graduation and how much students grow.
Schools in Hobart TownshipTypical commute
The average one-way trip to work for people who live in Hobart Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
New Chicago, Lake Station, Gary and Merrillville sell for less a square foot
The busier markets within 25 miles of Hobart Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Gary | 736 | $122K | $82 | 16% | 43 |
| Portage | 512 | $289K | $169 | 25% | 34 |
| Hobart Township (ZIP 46342) | 449 | $242K | $159 | 25% | 31 |
| Hobart | 408 | $248K | $159 | 26% | 32 |
| Merrillville | 389 | $258K | $149 | 23% | 35 |
| Lake Station | 134 | $187K | $133 | 23% | 34 |
| New Chicago | 27 | $173K | $153 | 21% | 31 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Hobart Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Hobart Township. People who follow the town see it, and so do people comparing Hobart Township with their own town. No commission, no listing fee.
Questions about buying a home in Hobart Township
What do homes sell for in Hobart Township, IN?
449 homes sold in the year to September 2026 at a typical $242K, $159 a square foot.
Is Hobart Township a buyer’s or seller’s market?
A seller’s market: 103 homes were for sale in September 2026 and 41 sold, about 2.5 months of supply. Buyers paid 98.8% of asking on average.
When is the best time to buy in Hobart Township?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Hobart Township?
About 1% of a home’s value a year. On a $242K home that’s near $2,530.
Where can I see homes for sale in Hobart Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Hobart Township’s MLS listings; the search links above open each one filtered to Hobart Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 46342, which takes in Hobart Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).