Hobart, WA real estate snapshot: Pulse Score 45.33473622666065, cap rate -2%, median price $1,017,500. Below: live market insights, demographics, crime overview, investment hotspots, and nearby areas.
With only 2.5 months of inventory, Hobart remains a seller's market. Home prices have decreased 9.4% in the past month. With 2.5 months of supply, Hobart's inventory levels remain relatively tight. Sales volume is down 43% compared to seasonal expectations. A significant 30.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Hobart market with the affordability index at 1075.0. Based on current market indicators, home prices in Hobart are projected to decrease by approximately 20.5% over the next month.
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Explore related real estate, safety, and education data for Hobart, WA.
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The Pulse Score combines property value appreciation, rental income potential, market liquidity, demographic trends, and crime/safety signals into a single 0–100 grade. Higher scores indicate stronger investor fundamentals.
Investment quality depends on your goals. Use the cap rate, investor-friendly score, demographic insights, and crime data on this page to evaluate Hobart, WA for buy-and-hold, fix-and-flip, or short-term rental strategies.
Our analysis combines public datasets (US Census Bureau, FBI Uniform Crime Reporting, HUD, BLS) with proprietary short-term rental performance and active MLS feeds, refreshed on a regular cadence.
Use the “Related analysis” section on this page to jump to the dedicated crime report, school ratings, and state-level short-term rental market analysis for Hobart, WA.
PulseReal’s analysis is built on top of these public, authoritative datasets.
Official UCR crime statistics by state and agency from the FBI.
Population, demographics, housing, and income data from the US Census Bureau.
Encyclopedic overview of the city, history, and notable landmarks.
Housing affordability, fair-market rents, and market reports from HUD.
Local unemployment and employment data from the Bureau of Labor Statistics.
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