Is Hobart, NY 13788 a buyer’s or seller’s market?
Hobart is a buyer’s market. With about 28.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Hobart housing market right now
In the three months ending August 31, 2026, 0% of homes in Hobart, NY 13788 sold above their list price, the typical home went under contract in 58 days and there were 28.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 100%, homes sold more slowly (36 days then) and the median sale price fell 19% to $129,944. Overall, Hobart is less competitive than a year ago, which gives buyers more room.
Within Delaware County, homes here sell more slowly than in 52% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, East Meredith 13757 (100% sold over asking) and Denver 12421 (67% sold over asking) are even more competitive.
Run the numbers for 13788
Nearby markets
Andes 13731Buyer’s market $214 /sq ftBloomville 13739Buyer’s market $343 /sq ftBovina Center 13740Buyer’s market $342 /sq ftDavenport 13750Seller’s market $87 /sq ft Browse all markets →Where Hobart is
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Questions about Hobart real estate
Is Hobart a buyer’s or seller’s market?
A buyer’s market: there were 28.8 months of supply in Hobart, NY 13788 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Hobart?
The typical home went under contract in 58 days in the latest three months.
Do homes in Hobart sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 78.8% of the list price.
What are property taxes in Hobart?
About 1.72% of a home’s value a year in Delaware County, or roughly $6,880 on a $400,000 home.
What is the median home price in Hobart?
The median sale price was $129,944 in the three months ending August 31, 2026, about $53 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology