Hobart Housing Update: Values Up 4.4%, Inventory Tight to Start 2026
Hobart, WI – March 17, 2026 – Home values in 54155 are up 4.4% year over year, with limited inventory and steady new construction activity.
Home values in ZIP 54155 are continuing to rise as 2026 begins, while the number of homes available for purchase remains relatively limited across Hobart. The combination of steady appreciation and tight inventory is shaping a market that requires both buyers and sellers to be strategic.
Top takeaways
- Typical home value: $457,310 (up 4.4% year over year).
- Active listings: About 18 homes at last update.
- Average market time: Roughly 91 days.
- One-year forecast: Zillow projects a 3.3% additional change.
Market snapshot
The Zillow Home Value Index for 54155 places the typical home value at $457,310, reflecting a 4.4% increase compared to a year earlier (data through January 31, 2026). This indicates continued appreciation, though growth appears moderate rather than rapid.
Zillow’s one-year forecast projects an additional 3.3% change, suggesting that price gains may persist at a steady pace. While not indicative of a surge, the forecast supports expectations of ongoing upward pressure on values.
Inventory has remained tight, with approximately 18 homes listed for sale at the most recent update. Homes are spending about 91 days on the market on average, pointing to a more deliberate pace of transactions. Buyers appear selective, and sellers may benefit from competitive pricing and strong property presentation.
New construction and zoning
New-construction homes continue to play a role in local supply. Builders are marketing both move-in-ready and custom homes across several subdivisions, providing options for buyers seeking modern layouts or newly built properties.
Village planning documents reference parcels in agricultural, estate residential, business, and planned development districts under review for rezoning. These land-use considerations signal ongoing adjustments as growth continues. Because Hobart sits within Brown County and the broader Green Bay metro area, residential expansion remains closely tied to subdivision planning, infrastructure investment, and zoning approvals at the village level.
What’s for sale
Current listings range from entry-level homes priced under $300K to larger new-construction properties featuring three or more garages and contemporary designs. Buyers can find a mix of resale homes and newly built properties, with some offering open floor plans, updated kitchens, and larger lots.
With limited inventory and moderate appreciation, market conditions may continue to reward well-prepared sellers while requiring patience and flexibility from buyers.
Sources
https://www.zillow.com/home-values/81590/hobart-wi-54155/
https://www.redfin.com/city/8938/WI/Hobart/new-homes
https://www.realtor.com/realestateandhomes-search/Hobart_WI
https://www.hobartwi.gov/_files/ugd/644190_707381116eb946e2a03108c570180abc.pdf