Hobe Sound, FL housing market

Martin CountyPort St. Lucie, FL metroData through Sep 2026
Typical home value
$504K
▲ 0.6% 1 yr
Typical rent
$4,494/mo
▼ 0.1% 1 yr
Gross rent yield
10.7%
U.S. 6.3%
5-year home value change
+23%
U.S. +20%

Key takeaways

  • 1The typical home in Hobe Sound is worth $504,264, up 0.6% over the past year and up 23% over five years.
  • 2Typical rent is $4,494 a month (−0.1% YoY), a gross rent yield of 10.7% (above the Port St. Lucie, FL metro's 7.3%).
  • 3With 20% down at 7.32%, principal and interest on the typical home is about $2,771/mo, $1,723 less than typical rent.
  • 4Zillow forecasts the Port St. Lucie, FL metro's home values to change −1.6% over the next 12 months.
Market temperature (Port St. Lucie, FL metro)
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 41/100, #261 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value, Hobe Sound
Latest $504K
$278K$358K$438K$518K2016201920222025
Typical monthly rent, Hobe Sound
Latest $4,494
$4,017$4,181$4,346$4,510202420252026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Hobe Sound compares

MeasureHobe SoundPort St. Lucie, FL metroUnited States
Typical home value$504,264$381,493$366,157
Home value, 1-yr change+0.6%−0.8%+1.2%
Typical rent$4,494$2,310$1,932
Rent, 1-yr change−0.1%+1.9%+2.7%
Gross rent yield10.7%7.3%6.3%
Price-to-rent ratio9.413.815.8
Mortgage P&I, typical home$2,771$2,096$2,012

Run the numbers

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Other cities in the Port St. Lucie, FL metro

Port St. Lucie, FL metro report →Florida housing market →

City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.