Skip to content

Hobe Sound housing market

The median home in Hobe Sound sold for $585,000 in October 2026, up 43.7% from $407,000 16 months earlier. On the measures below the market leans toward buyers.

What is your Hobe Sound home worth?

The median tells you about the market. It does not tell you about your home. Ask for a valuation built from recent sales near you rather than an online estimate.

By submitting you agree to our Privacy Policy and Terms of Use.

Where Hobe Sound stands right now

Median sale price

$585,000

October 2026

Median days on market

38 days

October 2026

Are buyers or sellers in control in Hobe Sound?

On the last full month of data, Hobe Sound leans toward buyers.

That is where the market stands today. Which way it has been moving is a separate question, and the trends below answer it.

  • ·only 0% of sales closed above asking
  • ·61.54% of sellers cut their price before closing

Read from months of supply, the share of sales closing above asking, and the share of sellers who cut their price. Each is scored against conventional thresholds and the balance decides. This describes the months already closed, not a prediction of what comes next.

Hobe Sound market trends, month by month

Every figure below is a complete calendar month. Blank months had too few sales to support a reliable median.

Median sale price

$407,000 in Jul 2025 to $585,000 in Oct 2026, up 43.7% over 16 months. Trending in sellers' favour.

Median sale price by month
MonthMedian sale price
Jul 2025$407,000
Aug 2025$495,000
Sep 2025$432,500
Oct 2025$480,000
Nov 2025$510,000
Dec 2025$476,900
Jan 2026$445,000
Feb 2026$505,000
Mar 2026$457,495
Apr 2026$408,000
May 2026$479,000
Jun 2026$499,000
Jul 2026$510,000
Aug 2026$445,000
Sep 2026$305,000
Oct 2026$585,000

Median days on market

91 days in Jul 2025 to 38 days in Oct 2026, down 58.2% over 16 months. Trending in sellers' favour.

Median days on market by month
MonthMedian days on market
Jul 202591 days
Aug 2025102 days
Sep 202528 days
Oct 202559 days
Nov 202527 days
Dec 202551 days
Jan 202636 days
Feb 202657 days
Mar 202660 days
Apr 202649 days
May 202650 days
Jun 202653 days
Jul 202627 days
Aug 202636 days
Sep 202633 days
Oct 202638 days

Share of sales closing above asking

2.9% in Jul 2025 to 0.0% in Oct 2026, down 100% over 16 months. Trending in buyers' favour.

Share of sales closing above asking by month
MonthShare of sales closing above asking
Jul 20252.9%
Aug 20250.0%
Sep 20254.2%
Oct 20250.0%
Nov 20258.3%
Dec 20254.5%
Jan 20260.0%
Feb 20268.6%
Mar 20260.0%
Apr 20260.0%
May 20268.7%
Jun 20265.1%
Jul 20266.5%
Aug 20260.0%
Sep 20269.4%
Oct 20260.0%

Share of sellers who cut their price

67.7% in Jul 2025 to 61.5% in Oct 2026, down 9% over 16 months. Trending in sellers' favour.

Share of sellers who cut their price by month
MonthShare of sellers who cut their price
Jul 202567.7%
Aug 202563.6%
Sep 202541.7%
Oct 202553.3%
Nov 202533.3%
Dec 202543.2%
Jan 202640.0%
Feb 202651.4%
Mar 202655.3%
Apr 202661.0%
May 202650.0%
Jun 202664.1%
Jul 202638.7%
Aug 202648.5%
Sep 202634.4%
Oct 202661.5%

Homes sold

34 in Jul 2025 to 13 in Oct 2026, down 61.8% over 16 months.

Homes sold by month
MonthHomes sold
Jul 202534
Aug 202522
Sep 202524
Oct 202530
Nov 202512
Dec 202544
Jan 202620
Feb 202635
Mar 202638
Apr 202641
May 202646
Jun 202639
Jul 202631
Aug 202633
Sep 202632
Oct 202613

Buying in Hobe Sound?

The same figures read differently from the buying side. Ask what they mean for an offer on a specific home rather than for the market as a whole.

Compare Hobe Sound with nearby markets

Source: BeachesMLS via Trestle, compiled by Pure Equity Realty. Figures cover residential sales and exclude land and commercial. Updated nightly.

Areas We Cover

Show All Areas

More Florida cities

Palm Beach County ZIP codes

Communities