- 1 bd
- 1 ba
- 400 sqft

The average Downtown, IN home value is $187,917, down 0.5% over the past year. (Updated on )
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Typical Home Values: $187,917
1-Year Value Change: -0.5%
(Data through September 30, 2026)
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
The neighborhoods with the highest median home values in Hobart, IN include: Ridge Pointe ($316,125), Hillcrest ($283,571), Lake George ($279,812), Ainsworth ($267,835), Hobart Marsh ($266,499).
The neighborhoods with the lowest median home values in Hobart, IN include: Prairie Ridge ($170,920), Downtown ($187,917), Mundell ($198,910), Liberty ($231,800), 10th Street ($250,382).
Neighborhoods with the highest year-over-year value growth in Hobart, IN include: Lake George (4.5%), Creek (4.0%), Cressmoor Prairie (1.8%), Hobart Marsh (1.8%), 10th Street (1.6%).