Real Estate Investing in Hobart, Wisconsin (54155)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 54155 (Hobart, WI)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 33.6 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Hobart, WI (54155)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 54155 Hobart
From an investor standpoint, ZIP 54155 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $482K median. It rewards specialists, not generalists.
Rent of $1,197/mo on a $482K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 54155 sits below the stated 0.0% once reality is priced in.
ZIP 54155's metrics run below Brown County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Resident income in 54155 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 54155 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Hobart:
Property Strategy for 54155
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $425,996 | $1,770 | 3.0% | +8.3% | $141,999 |
| 4BR | $576,354 | $1,850 | 2.3% | +9.1% | $144,088 |
Market Trends
Home Value History (with trend line)
📊 How Does 54155 Compare?
| Metric | 54155 | Hobart | Green Bay, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $482,143 | $482,143 | N/A | $320,446 |
| 5-Year CAGR | 6.4% | 6.4% | N/A | 7.3% |
| Avg Rent | $1,197 | $1,197 | N/A | - |
| Cap Rate | 1.9% | 1.9% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 54155 (Hobart, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $482,143 |
| Monthly Rent | $1,197 |
| Price-to-Rent | 33.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.0% |
| Cap Rate | 1.9% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +6.3% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 54155
Population: 7,599
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 54155
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 5,953 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How quickly do rentals get leased in Hobart, WI?
Hobart, WI sees elevated vacancy, which is reasonable relative to the broader WI rental market.
Is it easy to find good tenants in Hobart, WI?
Hobart, WI offers a stable renter base at the $1,197/mo rent level. Tenant turnover is reasonable for well-managed properties.
How does Hobart, WI rate as a rental market?
Our data puts Hobart, WI at 3.0/5 for investability. Home prices of $482K and rents around $1,197/mo create a solid backdrop for investor activity.
Is Hobart, WI a friendly market for rental owners?
Hobart, WI operates under WI law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.
What is the best play in Hobart, WI?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Hobart, WI. The numbers - $482K homes against $1,197/mo rents - support that play.
You know 54155 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 54155 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 54155 ranks in Green Bay, WI
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