The clearest starting point is what homes were actually getting and how close offers landed to asking.
If you are deciding where to price your home, I would not lead with guesswork or hope. I would anchor the decision to what buyers in Hobart, IN actually paid recently, because a typical sold home closed at $238,000 over the previous 30 days and recent offers landed at 98.8% of asking.
The first answer is straightforward pricing still matters, but the market is not rewarding careless overreach. Supply stood at 1.95 months recently, which keeps Hobart, IN in seller's market territory, yet the typical sale timeline was 30 days and buyers were still landing just under full asking on average.
That combination gives me a clear read. Sellers have an opening, but not a free pass. When a market has limited supply and buyers are paying close to list, strong homes can attract attention quickly, yet a 30-day typical pace tells me presentation and pricing discipline still shape the outcome.
Start with the homes that truly compete with yours in size, age, and condition, then set a price that can hold up under scrutiny. Use recent closed prices to defend the number. Fix the issues buyers will notice first. Be ready to respond quickly if activity is strong in the first week, and be just as ready to adjust if the market's response is quiet.
