Hobbs, NM Homes for Sale

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  /4

  $660,000

  • 4 Beds
  • 2.5 Baths
  • 2,617 Sq Ft

  8124 N Tomlinson St, Hobbs, NM 88242

  Beautiful new construction home located north of town on approximately 0.88 acres! This spacious property features 4 bedrooms, 2.5 bathrooms, and a 2-car garage, offering both comfort and functionality. The home includes high ceilings, an electric fireplace, and a well-designed kitchen with appliances included. Enjoy added efficiency and comfort with two AC units. Depending on the stage of

  

  Mayte Rodriguez-Holguin

  Elite Real Estate

  (575) 222-8907

  8124 N Tomlinson St, Hobbs, NM 88242
• Explore Hobbs

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  /6

  $260,000

  • 4 Beds
  • 3 Baths
  • 2,400 Sq Ft

  114 W Park St, Hobbs, NM 88240

  

  Mayte Rodriguez-Holguin

  Elite Real Estate

  (575) 256-3383

  114 W Park St, Hobbs, NM 88240
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  /22

  $378,000

  • 4 Beds
  • 2 Baths
  • 1,964 Sq Ft

  1822 E Tanglewood Ave, Hobbs, NM 88240

  Check out this newer French Brothers home built in 2022. This home is 4 bedrooms, 2 bathrooms, and 2 car garage and open concept layout, covered back patio, large kitchen island, and tall ceilings. The isolated master bedroom has a large walk in closet, double sinks, and a separate shower and tub with privacy toilet. Make this gorgeous home yours!

  

  Monica Gutierrez

  Elevated Realty

  (575) 448-9504

  1822 E Tanglewood Ave, Hobbs, NM 88240
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  /14

  $160,000

  • 3 Beds
  • 1 Bath
  • 1,178 Sq Ft

  1832 N Penasco Dr, Hobbs, NM 88240

  Check out this home in an established neighborhood, near Hobbs High and with a large backyard. Home has 3 bedrooms, 1 bathroom, 1 car garage and 2 l living areas. It has a metal roof and central heating and cooling. Call to make this your first home or investment.

  

  Monica Gutierrez

  Elevated Realty

  (575) 255-6889

  1832 N Penasco Dr, Hobbs, NM 88240
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  /33

  $850,000

  • 5 Beds
  • 3 Baths
  • 3,613 Sq Ft

  1404 W College Ln, Hobbs, NM 88242

  Imagine fresh strawberry jam from your very own garden, fresh eggs from your chickens and even fresh milk from your own milking station...sounds amazing! All of this located on 5+ acres with a gorgeous 5 bedroom, 3 bath home. Enjoy easy outdoor living under the canopied patio or relax at the end of a long day in the hot tub surrounded by the sunset. Call today to see this unique, one of a kind

  Dawn Stixrud REMAX ASPIRE

  1404 W College Ln, Hobbs, NM 88242
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  /40

  $599,900

  • 5 Beds
  • 3.5 Baths
  • 2,941 Sq Ft

  1734 E Tanglewood Ave, Hobbs, NM 88240

  Located in the desirable Tanglewood subdivision, this beautifully upgraded home offers 5 bedrooms, 4 bathrooms, and a 3-car garage. Recent updates include a new roof (Feb 2026), quartz kitchen countertops with a waterfall edge, upgraded sinks and faucets, and modern lighting throughout. Additional features include added cabinetry, upgraded tile flooring, and enhanced interior finishes. The

  Rodney Davis UNITED REALTY, LLC - HOBBS

  1734 E Tanglewood Ave, Hobbs, NM 88240
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  /14

  $225,000

  • 5 Beds
  • 2 Baths
  • 1,814 Sq Ft

  1829 N Breckon Dr, Hobbs, NM 88240

  Step into this charming 5 Bedroom, 2 Bath home perfectly situated near local schools. With a spacious backyard with plenty of room for family gatherings this property offers unlimited potential for entertaining, gardening or an outdoor oasis of your dreams creating memories.

  ERIKA REZA UNITED REALTY, LLC - HOBBS

  1829 N Breckon Dr, Hobbs, NM 88240
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  /36

  $605,000

  • 4 Beds
  • 3 Baths
  • 4,185 Sq Ft

  630 E Jemez St, Hobbs, NM 88240

  Located in the desirable Broadmoor area, this home sits on a private cul-de-sac lot and offers two yards, a covered patio, and a 3-car garage. The spacious kitchen features granite countertops, quality cabinetry, and a center island, and opens to the great room with high ceilings and a fireplace, creating an ideal space for everyday living and entertaining. Additional living areas include a

  Crystal Chavez UNITED REALTY, LLC - HOBBS

  630 E Jemez St, Hobbs, NM 88240
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  /23

  $210,000

  • 3 Beds
  • 2 Baths
  • 1,904 Sq Ft

  405 E Teague Dr, Hobbs, NM 88242

  Spacious 3 Bedroom 2 bath Mobile Home not on permanent foundation, Seller is willing to retro fit and credit for repairs with an acceptable offer to pass with a conventional loan. Sitting on 1.63 acres of land very well taken care of, Offers the perfect balance of comfort and country living. Water well is 1 1/2 years old, new roof in 2023, Property is fenced and gated. Plenty of space for

  ERIKA REZA UNITED REALTY, LLC - HOBBS

  405 E Teague Dr, Hobbs, NM 88242
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  /13

  $180,000

  • 2 Beds
  • 1 Bath
  • 998 Sq Ft

  501 E Palace Ave, Hobbs, NM 88240

  This charming 2-bedroom, 1-bath home in Hobbs, NM has been completely updated throughout the interior, including a brand-new roof for added peace of mind. Step inside to find a fresh, modern interior with updated finishes, a bright and inviting living space, and a functional layout perfect for everyday living. The renovated kitchen and bathroom add style and convenience, making this home ideal

  Sandra Ortega UNITED REALTY, LLC - HOBBS

  501 E Palace Ave, Hobbs, NM 88240
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  /9

  $245,000

  • 3 Beds
  • 2 Baths
  • 1,301 Sq Ft

  2904 E Church Dr, Hobbs, NM 88240

  Discover the peace and freedom of country living in this charming 3-bedroom, 2-bath home set on acreage just south of town. 2.81 Acres On permanent foundation

  Sandra Ortega UNITED REALTY, LLC - HOBBS

  2904 E Church Dr, Hobbs, NM 88240
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  /44

  $699,999

  7815 E Colorado Ave, Hobbs, NM 88242

  Welcome to Your Dream Home in North Hobbs Discover this stunning property located in the desirable North Hobbs area. Set on 28 serene acres with accompanying water rights, this beautiful home offers the perfect blend of comfort, function, and space. Inside, you'll find 3 spacious bedrooms and 2 full bathrooms. The inviting main living area features a cozy wood-burning fireplace, perfect for

  CORINA CARRASCO UNITED REALTY, LLC - HOBBS

  7815 E Colorado Ave, Hobbs, NM 88242
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  /68

  $825,000

  • 4 Beds
  • 3.5 Baths
  • 5,186 Sq Ft

  612 E Abo Dr, Hobbs, NM 88240

  EXPERIENCE ELEGANCE in this beautiful residence w/custom upgrades & timeless sophistication located in Broadmoor Add. From the moment you arrive, you'll be welcomed by warm tones, thoughtful layout made for both relaxing and entertaining. The chef inspired kitchen boasts abundant cabinetry, 6 skylights and ample prep space including a large custom island, granite countertops, 2 sinks, ice maker

  Cindy Shoobridge ROBINSON & ASSOCIATES REAL ESTATE

  612 E Abo Dr, Hobbs, NM 88240
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  /71

  $652,000

  • 6 Beds
  • 3 Baths
  • 3,789 Sq Ft

  418 E Abo Dr, Hobbs, NM 88240

  Stunning 6 Bedroom 3 Bath luxury home with an In-ground pool and air-conditioned workshop in back. Boasting Curb appeal in the Broadmoor addition with a semi-private courtyard in front and large circle drive for company. Step inside to beautiful engineered wood flooring running from wall to wall. Solid wood doors to ever room shows quality build. Overlooking front living room is a brand new

  Robbie Robinson ROBINSON & ASSOCIATES REAL ESTATE

  418 E Abo Dr, Hobbs, NM 88240
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  /24

  $441,500

  • 4 Beds
  • 2 Baths
  • 2,523 Sq Ft

  1809 N Orchid Dr, Hobbs, NM 88240

  Skyrocketing prices got you down? Tired of never getting ahead? Invest today in this gorgeous 4 bed 2 bath home complete with a solar system and quit paying high electric bills! Beautiful granite counter tops and lovely wood cabinets make the kitchen a perfect place for meal prepping and entertaining. Two adjacent living spaces make this open concept floor plan a must for everyday living and

  Dawn Stixrud REMAX ASPIRE

  1809 N Orchid Dr, Hobbs, NM 88240
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  /27

  $425,000

  • 4 Beds
  • 2 Baths
  • 2,843 Sq Ft

  7507 N Rolling Meadows St, Hobbs, NM 88242

  Large 4 Bed 2 Bath home Located in North Hobbs, sitting on 1.45 acres. This lovely brick home has been well maintained and offers a large floor plan with rare double closets in every bedroom that can be used as extra closet space or storage. The primary bathroom offers extra cabinetry storage as well as a built-in, lighted vanity table. Stun your guests with the gorgeous vintage lighting in the

  CASSANDRA MASON BURKETT - SHAW REALTY / HOBBS

  7507 N Rolling Meadows St, Hobbs, NM 88242
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  /63

  $450,000

  • 3 Beds
  • 2 Baths
  • 3,942 Sq Ft

  900 N Pecan Dr, Hobbs, NM 88240

  This 3 bed / 2 bath home offers just under 4,000 square feet and sits on a beautifully landscaped .41 acre lot right in town. From the moment you pull up, the curb appeal stands out with mature trees, lush grass, and vibrant flowering plants. Inside, you’ll love the character; beautiful architecture, exposed beams, and open living spaces filled with natural light from all the windows. The layout

  Sarah Mackay Rivas Real Estate Team Co.

  900 N Pecan Dr, Hobbs, NM 88240
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  /19

  $515,000

  • 5 Beds
  • 3 Baths
  • 2,930 Sq Ft

  2706 N Wedgewood Dr, Hobbs, NM 88240

  This spacious 5-bedroom, 3-bathroom home in North Hobbs offers plenty of room for comfortable living and entertaining. Featuring a functional layout, the home includes a welcoming living area, a well-sized kitchen, and generous bedrooms with ample storage. The primary suite provides added privacy, while additional rooms offer flexibility for guests, an office, or hobbies. Situated on a sizable

  MICHELLE MARSHALL BERKSHIRE HATHAWAY HOME SERVICES ENCHANTED LANDS - HOBBS

  2706 N Wedgewood Dr, Hobbs, NM 88240
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  /43

  $525,000

  • 4 Beds
  • 3 Baths
  • 4,116 Sq Ft

  216 E Baja Dr, Hobbs, NM 88240

  Enchanting custom build Callaway home with inground swimming pool and Cabana. Erected on an oversized corner lot in the Broadmoor subdivision. Breathtaking curb appeal with oak trees and shrubbery lining a side carport driveway and a convenient circle drive at the front entry facing Baja Drive. Plenty of parking for guests. This Over 4000 ft.2 four bedroom three bath luxury home is very open and

  Robbie Robinson ROBINSON & ASSOCIATES REAL ESTATE

  216 E Baja Dr, Hobbs, NM 88240
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  /5

  $399,500

  • 4 Beds
  • 3 Baths
  • 2,848 Sq Ft

  921 Jicarilla St, Hobbs, NM 88240

  Luxurious Home in Stone District!! Beautiful curb appeal. Grand entrance Fourier is very welcoming. Large square footage grants for open floor plan and large bedrooms. Handsome Saltillo Mexican tile runs all throughout with luxury vinal planking in bedrooms for comfort. Ample amount of kitchen storage in custom stained cabinets. Granite countertops are complemented with stainless appliances.

  Robbie Robinson ROBINSON & ASSOCIATES REAL ESTATE

  921 Jicarilla St, Hobbs, NM 88240
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  /40

  $575,000

  • 4 Beds
  • 3 Baths
  • 3,710 Sq Ft

  418 E Baja Dr, Hobbs, NM 88240

  Beautiful Broadmoor home on oversized lot. lots of desirable remodeling throughout this large family home. Open floor plan concept. brand new chef's kitchen dressed with stainless appliances. Isolated master bedroom suite with freshly remodeled bathroom amenities. Lots of big tile and rich hardwood flooring. Massive game room at the rear of house a wet bar. Large vaulted back patio and gazebo

  Robbie Robinson ROBINSON & ASSOCIATES REAL ESTATE

  418 E Baja Dr, Hobbs, NM 88240
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  /25

  $562,000

  • 3 Beds
  • 2 Baths
  • 3,714 Sq Ft

  530 E Jemez St, Hobbs, NM 88240

  Welcome home to this beautifully maintained 3 bed, 2 bath brick home sitting on a generous lot. The oversized living room provides plenty of space to relax or host guests. A bonus room with wet bar creates the perfect entertainment space, while the massive walk-in closet offers room for hobbies, storage, or a private retreat. The lush backyard with sprinkler system in both front and back makes

  Martha Thomas Casa Oasis Realty

  530 E Jemez St, Hobbs, NM 88240
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  /23

  $449,000

  • 4 Beds
  • 2 Baths
  • 3,186 Sq Ft

  407 E Zia Dr, Hobbs, NM 88240

  Charming 4-bedroom, 2-bath home with great curb appeal and a circle driveway offering plenty of parking. Features include an updated kitchen, a versatile upstairs bonus room, and a spacious backyard perfect for relaxing or entertaining. The attic also offers potential to be finished for additional living space. A great blend of comfort and opportunity!

  Alex Henderson Nexus Real Estate

  407 E Zia Dr, Hobbs, NM 88240
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  /12

  $385,000

  • 4 Beds
  • 2 Baths
  • 2,088 Sq Ft

  5109 W Grey Ghost Rd, Hobbs, NM 88240

  Stunning 4 Bedroom, 2 Bath Home! Built in 2023, this home features an open concept design that’s perfect for modern living. Master suite has dual sinks, separate walk-in shower, bathtub and a large walk-in closet. Home is also for lease! Contact us today to schedule your showing! —Buyer to assume solar panel lease with the purchase of the home.

  ANGIE QUINTELA ROBINSON & ASSOCIATES REAL ESTATE

  5109 W Grey Ghost Rd, Hobbs, NM 88240
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  /20

  $445,000

  • 4 Beds
  • 2.5 Baths
  • 2,545 Sq Ft

  2933 N Amor Ave, Hobbs, NM 88240

  Beautiful modern 4-bedroom, 3-bath home featuring granite countertops, luxury soft-close cabinetry, and stainless-steel gas appliances. Stunning exterior stone accents add upscale curb appeal. Enjoy outdoor living on the covered back patio. Move-in-ready and designed for comfortable, modern living. Please call us to set up a private home tour.

  Martha Thomas Casa Oasis Realty

  2933 N Amor Ave, Hobbs, NM 88240
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  /3

  $408,000

  • 4 Beds
  • 3 Baths
  • 2,136 Sq Ft

  2924 N Cielo Azul, Hobbs, NM 88240

  Brand new 4-bedroom, 3-bath home featuring a modern open-concept design and quality finishes throughout. The spacious kitchen flows seamlessly into the main living area, perfect for entertaining. The primary suite offers a private bath and walk-in closet, while the additional bedrooms provide flexibility for guests or a home office. Enjoy a beautifully designed layout, energy-efficient features,

  Jorden Palacios Elite Real Estate

  2924 N Cielo Azul, Hobbs, NM 88240
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  /31

  $565,000

  • 5 Beds
  • 3.5 Baths
  • 2,886 Sq Ft

  1733 E Highwood Ave, Hobbs, NM 88240

  Tracy Coleman Edge Realty Group

  1733 E Highwood Ave, Hobbs, NM 88240
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  /35

  $425,000

  • 4 Beds
  • 4 Baths
  • 3,093 Sq Ft

  414 S Childers Dr, Hobbs, NM 88240

  Surprising and stunning, this 4-bedroom, 4-bathroom home is a rare find for the neighborhood. From the moment you pull into the concrete driveway, you’ll be impressed by the curb appeal and sleek design. Inside, the open floor plan offers not one but two living areas, a dining space, and an eat-in kitchen with island bar seating. Enjoy the convenience of a dedicated laundry and utility room, plus

  CASSANDRA ROSA Realty One Of New Mexico - R1 Clovis

  414 S Childers Dr, Hobbs, NM 88240
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  /2

  $415,000

  • 4 Beds
  • 2 Baths
  • 2,098 Sq Ft

  5103 W Longtail Rd, Hobbs, NM 88240

  NEW CONSTRUCTION GOING UP AT ZIA CROSSING! This 4 bed/ 2 bath Home is the Perfect Blend of Modern Meets Comfort All While Keeping a Spacious Floorplan with Functional Living! Want to Learn More? Call Your Agent Today!

  LEEROY RIVAS Rivas Real Estate Team Co.

  5103 W Longtail Rd, Hobbs, NM 88240
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  /26

  $460,000

  • 4 Beds
  • 2.5 Baths
  • 2,208 Sq Ft

  2113 E Highwood Ave, Hobbs, NM 88240

  Welcome to this Beautiful Custom Built 4-bedroom, 2.5-bath home located in the Tanglewood Sub-Division. Offering 2,208 square feet of well-designed living space, this home combines comfort, style, and functionality. Great Location near schools, shopping, and restaurants. Call today to schedule a showing!

  KAMELA RIVAS Rivas Real Estate Team Co.

  2113 E Highwood Ave, Hobbs, NM 88240
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  /35

  $425,000

  • 3 Beds
  • 2 Baths
  • 1,813 Sq Ft

  10701 N Bensing Rd Unit C79, Hobbs, NM 88242

  Charming country home sitting back in the middle of 7.28 acres on the north end of Hobbs. Custom built Brick home with vaulted living room ceiling, new wood look ceramic tile throughout. Isolated master bedroom with a large walk-in closet. Open floor concept with kitchen overlooking dining area. Brick fireplace and mantle at the center focus of living room. Extended driveway from blacktop grants

  DUSTY ROBINSON ROBINSON & ASSOCIATES REAL ESTATE

  10701 N Bensing Rd Unit C79, Hobbs, NM 88242
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  /34

  $409,000

  • 4 Beds
  • 3 Baths
  • 2,393 Sq Ft

  5318 W Dark Horse Rd, Hobbs, NM 88240

  Beautiful 4 bed 3 bath on a corner lot. This home offers an open, spacious floor plan with high ceilings and a modern highlights. Kitchen offers granite countertops, gas cooktop, dishwasher, bar, breakfast area & french door refrigerator. This home has a complete home RO Water system. Main bedroom suite is spacious with a large walk-in closet. Two bedrooms have a convenient jack & jill bathroom

  Tracy Coleman Edge Realty Group

  5318 W Dark Horse Rd, Hobbs, NM 88240
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  /16

  $415,000

  • 4 Beds
  • 2 Baths
  • 2,141 Sq Ft

  5017 W Hardtack Rd, Hobbs, NM 88240

  Welcome to your dream home in the heart of Hobbs, NM! This stunning 4-bedroom residence combines modern convenience with classic charm. Step into an inviting eat-in kitchen, fully equipped with premium Bosch stainless steel appliances that make cooking a delight. The spacious living room features an elegant accent wall, creating a perfect setting for hosting gatherings or enjoying cozy family

  Martha Thomas Casa Oasis Realty

  5017 W Hardtack Rd, Hobbs, NM 88240
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  /18

  $425,000

  • 3 Beds
  • 2 Baths
  • 1,767 Sq Ft

  5807 S Eunice Hwy Unit ST18, Hobbs, NM 88240

  Charming 3-bedroom, 2-bathroom home on approximately 7 acres, perfect for horse lovers or anyone seeking country living with modern comforts. Property features a spacious arena, multiple barns with stalls, a tack room, sectional fencing, and a large covered backyard patio ideal for relaxing or entertaining. A rare find offering both functionality and peaceful rural charm!

  Jennifer Contreras Edge Realty Group

  5807 S Eunice Hwy Unit ST18, Hobbs, NM 88240
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  /2

  $75,000

  • Land
  • 1.56 Acres
  • $48,228 per Acre

  TBD N Calle Bonita St, Hobbs, NM 88242

  Vacant Land , North of Hobbs

  KARINA BONILLA Motion Realty, LLC

  TBD N Calle Bonita St, Hobbs, NM 88242
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  /14

  $365,000

  • 3 Beds
  • 1.5 Baths
  • 2,240 Sq Ft

  7321 W Alabama St, Hobbs, NM 88240

  Spacious country property offering room to spread out both inside and out! This home features multiple large living areas with updated wood-look flooring, neutral tones, and abundant natural light throughout. The oversized kitchen offers ample cabinet space, a functional layout, and a unique black-and-white tile floor that adds character. Generously sized bedrooms provide flexibility for family,

  Jennifer Contreras Edge Realty Group

  7321 W Alabama St, Hobbs, NM 88240
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  /2

  $3,669,494

  • Land
  • 10.53 Acres
  • $348,480 per Acre

  TBD Tract 3 Millen (South Side), Hobbs, NM 88240

  10.53 acres great frontage on Millen right next to the new Covenant site. Perfect for Retail, shopping center, restaurant or office space.

  Tracy Coleman Edge Realty Group

  TBD Tract 3 Millen (South Side), Hobbs, NM 88240
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  /2

  $1,499,000

  • Land
  • 6.61 Acres
  • $226,778 per Acre

  TBD Buena Suerta Dr, Hobbs, NM 88242

  Prime 7-Acre Property with 23 Acres of Water Rights – Ready for Your Cannabis Operation Unlock unlimited potential with this 7-acre tract of land, complete with 23 acres of water rights to ensure your growth needs are met year-round. This fully-equipped property includes a massive 10,000 sqft concrete pad, an irrigation well, a domestic well, and a septic system—all already installed and ready

  Rodney Davis UNITED REALTY, LLC - HOBBS

  TBD Buena Suerta Dr, Hobbs, NM 88242
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  /6

  $420,000

  • Land
  • 45.05 Acres
  • $9,323 per Acre

  TBD E Starlight Rd, Hobbs, NM 88240

  45 Acres of Land for Sale, Owner finance available with flexible terms

  Cesar Jimenez Rivas Real Estate Team Co.

  TBD E Starlight Rd, Hobbs, NM 88240
• 

  /2

  $125,000

  • Land
  • 6.52 Acres
  • $19,172 per Acre

  TBD Buffalo Rd, Hobbs, NM 88242

  Looking for land to build your dream home? Look no further! This 6.52-acre site-built only Lot in the desirable Home on the Range subdivision offers endless possibilities. Located in a peaceful cul-de-sac this property provides ample space to create your perfect retreat. Don't miss out on this opportunity to build your dream home!

  LISA MELENDEZ Motion Realty, LLC

  TBD Buffalo Rd, Hobbs, NM 88242

Showing Results 1 - 40, Page 1 of 4

Why Live in Hobbs

Hobbs, located in southeast New Mexico near the Texas border, is the largest city in Lea County and serves as a regional commercial hub. Known for its strong ties to the oil and gas industry since its founding in 1907, Hobbs features a mix of midcentury ranch-style homes and modern subdivisions, with housing options ranging from low-key duplexes to luxury properties. The city experiences a semi-arid climate with hot summers. Hobbs High is renowned for its successful boys' and girls' basketball teams. The city offers a variety of attractions, including the Zia Park Casino and Racetrack, Del Norte Park, McAdams Park, and the CORE Center of Recreational Excellence. Dining options are predominantly Mexican and Tex-Mex, concentrated along Turner Street/Lovington Highway and Marland Boulevard. Annual events such as the Veterans' Day and Christmas Parades, along with the Lea County Fair and PRCA Rodeo in nearby Lovington, add to the community spirit. Major highways like U.S. 62 and 180 connect Hobbs to cities like Carlsbad and Lubbock, while Lea County Regional Airport provides daily flights to Houston and Denver.

Learn more about living in Hobbs

Frequently Asked Questions

What is the average home price in Hobbs, NM?

Homes for sale in Hobbs, NM have an average home price of $397,463.

Are home prices dropping in Hobbs?

Yes, home prices in Hobbs are down 1% in the last 12 months.

How many homes have sold over the last 12 months in Hobbs, NM?

82 homes have sold in Hobbs, NM over the last 12 months.

What are the most popular zip codes in Hobbs, NM?

The most popular zip codes in Hobbs, NM include 88240, 88242, 79360, 88260 and 79323.

How much do you need to make to afford a house in Hobbs?

The median home price in Hobbs is $338,000. If you put a 20% down payment of $67,600 and had a 30-year fixed mortgage with an interest rate of 6.31%, your estimated principal and interest payment would be $1,680 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $72K a year to afford the median home price in Hobbs. Learn how much home you can afford with our Home Affordability Calculator.

How are the schools in Hobbs, NM?

Hobbs, NM has highly rated public and private schools. Some of the best schools in Hobbs based on Niche Grades are B.T. Washington Elementary School, Mills Elementary School and Edison Elementary School. Browse all the schools in Hobbs, NM to learn more.

Home Trends in Hobbs, NM

On average, homes in Hobbs, NM sell after 77 days on the market compared to the national average of 56 days. The median sale price for homes in Hobbs, NM over the last 12 months is $313,250, up 3% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$313,250

Median Single Family Sale Price

$315,000

Average Price Per Sq Ft

$176

Number of Homes for Sale

6

Last 12 months Home Sales

82

Months of Supply

0.90

Median List Price

$338,000

Median Change From 1st List Price

1%

Median Home Sale Price YoY Change

3%