Hobe Sound, Florida.
Typical home $504,264 (+0.6% in a year), asking rent $4,494 (-0.1%). Port St. Lucie, FL metro.
to buy the typical home at today's mortgage rate — +$1,475 (+126%) since Jan 2020.
- 1 year
- Up $3,151 +1%
- $501,113$504,264 since Sep 2025
- 5 years
- Up $94,241 +23%
- $410,022$504,264 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Hobe Sound$2,647
- Florida$1,970
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 17 years.
Typical home values in Hobe Sound, FL rose 0.6% over the past year — slower than the nation's +1.2%.
Asking rents in Hobe Sound, FL fell 0.1% over the past year — slower than the nation's +2.7%.
Owning the typical home in Hobe Sound runs $985/mo less than renting one. The gap peaked at $1,363 in Feb 2025.
That is $3,510 a month against $4,494 rent: a $2,647 mortgage payment, plus $323 property tax and $540 insurance & upkeep.
Owning vs renting — Hobe Sound
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$3,510
- Renting$4,494
- Mortgage only$2,647
Property tax · $323/mo 0.77% of value a year — the ACS 2020-2024 median bill over the median home value for Martin County, FL
Insurance & upkeep · $540/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Hobe Sound, Martin County, Florida
Hobe Sound, in Martin County, had 13,163 people in the 2020 census. Half its households earn more than $63,484 a year and half less, against $82,943 across Martin County; 16% of its people live below the poverty line. 78% of its homes are lived in by their owners and 22% are rented. Unemployment in Martin County was 4.9% in August 2026, and the county had 1.8% more jobs in 2025 than the year before. The most residents work in professional services, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Hobe Sound is a community on Florida's Treasure Coast, in Martin County, with an older population than most of the country. Most homes are lived in by their owners, and typical home values and rents run high. Household incomes are below the county's, and a good number of residents live below the poverty line. Winters are mild and summers are hot, with plenty of rain through the year and no real snow to speak of.
Work. Residents work mostly in professional and business services, in schools, hospitals and social care, and in the building trades. Among the larger workplaces in town are Publix Super Markets, Hobe Sound Bible College and Sands Construction. Commutes are fairly long, and a noticeable share of people work from home.
Things to do. The Nathaniel P. Reed Hobe Sound National Wildlife Refuge, a protected area, lies in or beside town. A short drive away are Jonathan Dickinson State Park and the Loxahatchee River, a good pairing for walking and time on the water. For a day out of town, the Norton Museum of Art is a longer drive away.
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- 6,185households
- 30%of adults have a degree
- 16%below the poverty line
- 28 mintypical commute
- 17%work from home
What residents work in
Employed residents by industry, from the Census survey. Martin County had 77,918 jobs in 2025, 1.8% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 74° and lows near 54°; warmest in August, with highs near 91° and lows near 74°. About 64 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Port Salerno 5W weather station, 8 miles away (NOAA).
Largest workplaces in Hobe Sound
- Martin Coast Opco168
- Publix Super MarketsSupermarkets and other grocery stores128
- Publix Super MarketsSupermarkets and other grocery stores125
- Hobe Sound Bible CollegeUniversity or college51
- Sands ConstructionConstruction33
- Hobe SoundMail and parcel delivery32
- Jupiter Island PoolsBuildings operation by contractors30
- Martin Health Hobe SoundHealth care20
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 7 workplaces with 20 or more staff, 536 people in all. Colleges come from IPEDS (NCES, 2023–24). Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- HurricanesVery high
- LightningRelatively high
- Coastal floodingRelatively moderate
- Strong windRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Hobe Sound’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Martin County and the Port St. Lucie, FL metro.
Hobe Sound home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Hobe Sound$504,264
- Florida$375,361
- United States$366,157
Sellers are cutting prices on about 1 in 4 Hobe Sound listings, and the typical home goes pending in 51 days — the market is heating up.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Hobe Sound24.01%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
Not enough data to draw this yet.
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Hobe Sound142
New listings per month
Sellers arriving at the market.
- Hobe Sound32
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Hobe Sound$485,806
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Hobe Sound95.82%
Zip codes with a Hobe Sound address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Hobe Sound — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.