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Hobbs, NM Homes for Sale

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  • /14

    $230,000

    • 2 Beds
    • 2 Baths
    • 1,516 Sq Ft

    1123 W Caprock St, Hobbs, NM 88240

    Open Concept? Check! Two bedrooms? Check! Two bathrooms? Check! Two car garage? Check, Check! Well maintained townhome is move in ready. Spacious kitchen and spacious bedrooms await for all your living needs. Covered patio for entertaining and relaxing. Call to see this gem today!

    Dawn Stixrud REMAX ASPIRE

    1123 W Caprock St, Hobbs, NM 88240
  • /21

    $349,900

    • 4 Beds
    • 2.5 Baths
    • 2,121 Sq Ft

    5110 W Longtail Rd, Hobbs, NM 88240

    Like new construction 2 story OLD GLORY floorplan home in Zia Crossing. Open floorplan for entertaining. Half bath(powder room) for visitors at entry. flexible Zoom room(office) downstairs, 4 bedrooms and laundry upstairs. Room for everyone. Close proximity to The Core wellness facility, award winning golf course, the Zia Park Casino, as well as Hobbs expanding business/restaurant district.

    Robbie Robinson ROBINSON & ASSOCIATES REAL ESTATE

    5110 W Longtail Rd, Hobbs, NM 88240
  • /43

    $705,000

    • 3 Beds
    • 2 Baths
    • 2,376 Sq Ft

    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
  • /40

    $595,000

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

    530 E Jemez St, Hobbs, NM 88240

    Spacious brick home featuring 3 bedrooms and 2 bathrooms, offering comfort and functionality on a generous lot. The extra large living room is ideal for gatherings and includes a double-sided wood-burning fireplace that adds warmth and charm. Just off the living area, you'll find a bonus room complete with a wet bar, mini fridge and ice machine - perfect for casual entertaining or relaxing

    Haley Kinney UNITED REALTY, LLC - HOBBS

    530 E Jemez St, Hobbs, NM 88240
  • /29

    $349,900

    • 4 Beds
    • 2.5 Baths
    • 2,121 Sq Ft

    2922 N Sabrita Cir, Hobbs, NM 88240

    This stunning two-story home offers room for everyone! The flexible Zoom room on the main floor is perfect for a home office or guest space, while upstairs features 4 spacious bedrooms. The large Great Room is ideal for entertaining, creating a seamless flow for family and friends to gather. A home designed for modern living and comfort – don’t miss out! Call today to schedule your private

    Sean Blackwell UNITED REALTY, LLC - HOBBS

    2922 N Sabrita Cir, Hobbs, NM 88240
  • /32

    $412,000

    • 4 Beds
    • 3 Baths
    • 2,241 Sq Ft

    1713 W Poco, Hobbs, NM 88240

    Gorgeous Farmhouse Designed Home in new sub-division. Striking curb appeal. Large open floorplan with plenty of room for entertaining. Vaulted ceiling adding volume. Tons of sunlight beaming in with the large windows at dining area. Beautiful wood looking tile throughout. Large granite island centers the kitchen. Isolated master for privacy. The fourth bed room is also isolated with it's own

    Robbie Robinson ROBINSON & ASSOCIATES REAL ESTATE

    1713 W Poco, Hobbs, NM 88240
  • /14

    $310,000

    • 4 Beds
    • 2 Baths
    • 1,806 Sq Ft

    5307 W Dark Horse Rd, Hobbs, NM 88240

    This beautiful 4-bedroom, 2-bathroom home is waiting for you! Built in 2018, this home offers 1,806 square feet of comfortable living space with an inviting open floor concept — perfect for relaxing or entertaining. Don’t miss out on making this lovely home yours! Call to schedule a showing TODAY!

    GLADYS MIRAMONTES Rivas Real Estate Team Co.

    5307 W Dark Horse Rd, Hobbs, NM 88240
  • /22

    $630,000

    • 3 Beds
    • 3 Baths
    • 2,941 Sq Ft

    13925 N Thorp St, Hobbs, NM 88242

    Come home to peaceful country living with all the modern comforts! This beautiful property features a classic Austin stone exterior and a wrap-around porch—perfect for morning coffee or evening sunsets. Inside, 10-foot ceilings and large windows fill the open layout with natural light. The living area centers around a stunning Austin stone fireplace, while the kitchen offers granite countertops,

    Kali Taylor CORE REALTY GROUP

    13925 N Thorp St, Hobbs, NM 88242
  • /17

    $450,000

    • 4 Beds
    • 3 Baths
    • 2,078 Sq Ft

    1709 W Goose Berry Dr Dr, Hobbs, NM 88242

    This gorgeous 4 bedroom, 3 bathroom has ceramic tile through out. The master bathroom has a super large shower with double shower heads. If you like to cook!! The kitchen not only has a 36 inch imported from Italy Verona freestanding range with hood and pot filler, it also has a wall oven and microwave. Soft close cabinets and a pantry. 3 cars?? No problem! 3 car garage is the answer. Front

    KIM LEMKE Motion Realty, LLC

    1709 W Goose Berry Dr Dr, Hobbs, NM 88242
  • /21

    $455,000

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

    2933 N Amor Ave, Hobbs, NM 88240

    4 bedrooms, 3 bath Home. Luxury Exterior Stone. 1/2 Glass Front Door, Luxury Soft Close Cabinets, Stainless Gas Appliances, Covered Back Patio and Blinds throughout! This is a French Brothers Home (Mesquite) This is a must see! Call today for a private home tour.

    Martha Thomas Casa Oasis Realty

    2933 N Amor Ave, Hobbs, NM 88240
  • /13

    $529,950

    • 4 Beds
    • 2.5 Baths
    • 2,970 Sq Ft

    1213 W Brittany Dr, Hobbs, NM 88242

    Welcome to this spacious and well-appointed 4-bedroom, 2.5-bath home offering nearly 3,000 square feet of comfortable living space. This property features a dedicated multi-flex room, formal dining area, and a luxurious master suite with private access & a hot tub—perfect for relaxing evenings.Outside, you’ll find a 30x17 detached garage with plenty of room for vehicles, hobbies, or storage. This

    CYNTHIA SAENZ-MILLER CORE REALTY GROUP

    1213 W Brittany Dr, Hobbs, NM 88242
  • /40

    $455,000

    • 4 Beds
    • 2.5 Baths
    • 2,634 Sq Ft

    2114 E Parkwood Ave, Hobbs, NM 88240

    Discover comfort, space, and modern appeal in this beautiful 4-bedroom, 3-bath home located in the Tanglewood Sub-Division. The open-concept kitchen and living area create a welcoming atmosphere—perfect for everyday living and entertaining alike. The spacious backyard provides ample room for pets, play, or hosting outdoor gatherings. This property is in close proximity to parks, walking trails,

    LEEROY RIVAS Rivas Real Estate Team Co.

    2114 E Parkwood Ave, Hobbs, NM 88240
  • /24

    $336,000 New Construction

    • 3 Beds
    • 2 Baths
    • 1,809 Sq Ft

    908 W Natalie Dr Dr, Hobbs, NM 88242

    BRAND NEW MOVE IN READY 3bedroom, 2 bath house in one of Hobbs newest Subdivisions. The kitchen has all black stainless appliances, black quartz countertops, solid wood white cabinets, farm sink, cook top range with vented hood and pot filler. Upgraded vinyl plank floors through out. Front yard landscaping with beautiful green grass and sprinklers. Come take a look before its gone!

    KIM LEMKE Motion Realty, LLC

    908 W Natalie Dr Dr, Hobbs, NM 88242
  • /7

    $275,000

    • Land
    • 18 Acres
    • $15,110 per Acre

    3801 Monument Hwy, Hobbs, NM 88240

    Discover the perfect blend of space, opportunity, and potential with this remarkable 18-acre parcel of land. Whether you're dreaming of building your private estate, starting a hobby farm, or developing a new residential or commercial project, this property offers a blank canvas for your vision. The land features open pasture providing flexibility. With plenty of road frontage and easy access to

    Pam Yarbrough Rivas Real Estate Team Co.

    3801 Monument Hwy, Hobbs, NM 88240
  • /18

    $149,900

    • 3 Beds
    • 1 Bath
    • 1,120 Sq Ft

    411 E Wolfcamp Dr, Hobbs, NM 88240

    Charming 3 Bed • 1 Bath Home – Great Hobbs Location! Welcome to 411 E Wolfcamp Dr — a classic mid-century single-family home nestled on a generous ~7,459 sq ft lot. This 1960-built residence offers 1,120 sq ft of thoughtfully arranged living space, ideal for first-time buyers, investors, or those seeking a cozy, low-maintenance property. Key Features: Spacious living area with a bright and

    Amanda Davis UNITED REALTY, LLC - HOBBS

    411 E Wolfcamp Dr, Hobbs, NM 88240
  • /2

    $50,000

    • Land
    • 0.14 Acre
    • $363,108 per Acre

    1126 N Gulf St, Hobbs, NM 88240

    Drive by to see the potential this amazing lot has to offer. Call your favorite Realtor!

    MISTY SMITH BERKSHIRE HATHAWAY HOME SERVICES ENCHANTED LANDS - HOBBS

    1126 N Gulf St, Hobbs, NM 88240
  • /27

    $185,000

    • 3 Beds
    • 2 Baths
    • 1,554 Sq Ft

    1721 N Penasco Dr, Hobbs, NM 88240

    Cute 3 bedroom home with open kitchen & dining; good sized living area. Main bath recently updated with new vanity; both showers have had newer tile surrounds done; large master bath addition with double vanities. Back porch complete with cover and curtains for those hot summer days!

    Tracy Coleman EDGE REALTY GROUP

    1721 N Penasco Dr, Hobbs, NM 88240
  • /6

    $180,000

    • 3 Beds
    • 1 Bath
    • 1,177 Sq Ft

    1421 N Denson Dr, Hobbs, NM 88240

    This 3-bedroom, 1-bath home is ready for new owners! It offers central AC/heat, a large backyard with plenty of space to enjoy, and a back patio that's perfect for outdoor gatherings. Don’t miss out on this great opportunity—call today for more details or to schedule a showing!

    Mayte Rodriguez-Holguin ELITE REAL ESTATE

    1421 N Denson Dr, Hobbs, NM 88240
  • /24

    $162,500

    • 3 Beds
    • 2 Baths
    • 1,440 Sq Ft

    7408 N Meadows Cir, Hobbs, NM 88242

    Comfortable country property North of town. On quiet cul-da-sac. Remodeled with sheetrock interior walls through most of the home. Vaulted ceilings for atmosphere and head space. Big garage with extended carport. Fenced back yard for the kids or fur babies. 4 storage sheds with one equipped with electrical and window unit. Privately owned propane tank for cooking fuel. Huge lot with plenty of

    Robbie Robinson ROBINSON & ASSOCIATES REAL ESTATE

    7408 N Meadows Cir, Hobbs, NM 88242
  • /21

    $180,000

    • 3 Beds
    • 2 Baths
    • 1,680 Sq Ft

    313 W Roxana St, Hobbs, NM 88240

    Check out this stunning home with 3 bedrooms and 2 bathrooms. It boasts an open-concept design and includes a convenient laundry room. The master bathroom offers double sinks and large soaking tub. Schedule your showing today!

    Crystal Chavez UNITED REALTY, LLC - HOBBS

    313 W Roxana St, Hobbs, NM 88240
  • /14

    $174,900

    • 3 Beds
    • 2 Baths
    • 1,196 Sq Ft

    1507 N Breckon Dr, Hobbs, NM 88240

    Charming Hobbs home featuring fair condition laminate floors, a bright interior, and a good condition kitchen. Enjoy a well-maintained bathroom and a spacious 2-car attached carport. Central air and a 10-year-old roof add comfort and peace of mind. Excellent electric, plumbing, and foundation.

    Jared English Congress Realty, Inc.

    1507 N Breckon Dr, Hobbs, NM 88240
  • /18

    $360,000

    • 4 Beds
    • 2 Baths
    • 1,863 Sq Ft

    8413 N Plainfield Dr, Hobbs, NM 88242

    Country living. Take a look at this beautiful 4 bedroom 2 bath home on 5.05 acres with amazing sunsets. Barn has 12 horse stalls AND 2 RV Hookups. Give us a call today to schedule your private tour.

    Josue Palacios ELITE REAL ESTATE

    8413 N Plainfield Dr, Hobbs, NM 88242
  • /8

    $185,000

    • 3 Beds
    • 1 Bath
    • 1,120 Sq Ft

    1219 E Michigan Dr, Hobbs, NM 88240

    Charming 3-bedroom, 1-bath corner-lot home full of potential! This inviting property is perfect for investors looking for their next rental or flip, or for families ready to make it their own. Enjoy the cozy layout, abundant natural light, and spacious yard-ideal for kids, pets or future expansions. Located on a nestled street with easy access to schools, parks, and shopping. Great

    JOSEPHINA MARQUEZ CORE REALTY GROUP

    1219 E Michigan Dr, Hobbs, NM 88240
  • /8

    $199,000

    • 2 Beds
    • 2 Baths
    • 1,180 Sq Ft

    6004 S Bronco Dr, Hobbs, NM 88240

    TAKE A LOOK AT THIS SUPER CUTE HOME SITTING ON AN ACRES. THIS HOME FEATURES TWO BEDROOMS AND TWO BATHROOMS WITH A FLEX ROOM/ OFFICE. CALL TO MAKE THIS HOME YOURS AND ENJOY THE RELAXING SUNSET FROM YOUR FRONT PORCH!

    DANIELLE BROWN MVMT REALESTATE

    6004 S Bronco Dr, Hobbs, NM 88240
  • /64

    $350,000

    • 2 Beds
    • 2 Baths
    • 1,056 Sq Ft

    21 S Drinkard Rd, Hobbs, NM 88240

    Eunice property in county limits with two residential units & versatile acreage. Seize this unique investment opportunity featuring +/ -4.33 acres of versatile land with highway frontage, ideal for residential, commercial, or mixed-use purposes. This property includes two separate living units: A 2-bedroom, 2-bathroom manufactured home offering comfortable living space. A 920 sq. ft. site-built

    JUDY GARCIA UNITED REALTY, LLC - HOBBS

    21 S Drinkard Rd, Hobbs, NM 88240
  • /2

    $60,000

    • Land
    • 0.10 Acre
    • $600,000 per Acre

    TBD E Sunset Dr, Hobbs, NM 88240

    This property is located in town, north of Hobbs, and is a great spot to place a mobile home or build a new home. With easy access to local amenities and schools, it’s a solid choice for your next move.

    Mayte Rodriguez-Holguin ELITE REAL ESTATE

    TBD E Sunset Dr, Hobbs, NM 88240
  • /15

    $199,999

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

    2709 N Northwest Dr, Hobbs, NM 88240

    Just North of Hobbs! This 4 Bedroom, 2 Bath Home is brimming with potential. Positioned North of Hobbs you will find a generous layout with large backyard. Whether you are looking for your next home or an investment this one is available so schedule your showings today!

    Crystal Chavez UNITED REALTY, LLC - HOBBS

    2709 N Northwest Dr, Hobbs, NM 88240
  • /2

    $7,500,000

    • Land
    • 120 Acres
    • $62,500 per Acre

    TBD W College Ln, Hobbs, NM 88242

    Land Opportunity: 120 Acres with 77 Acres of Water Rights - Develop as Commercial or Residential Development. Unlock the potential of 120 Acres of versatile with 77 acres of water rights primed for commercial or residential development. Strategically located with growth and accessibility in mind, this expansive property is a rare opportunity for investors, developers, or builders looking to

    JOSEPHINA MARQUEZ CORE REALTY GROUP

    TBD W College Ln, Hobbs, NM 88242
  • /16

    $138,000

    • 2 Beds
    • 1 Bath
    • 756 Sq Ft

    704 E Teague Dr, Hobbs, NM 88242

    Take a look at this 2 Bedroom, 1 Bath Mobile Home siting on 2 fenced Acres. New windows, New Flooring, Newly updated kitchen just North of Hobbs! Don't wait schedule a showing now!

    Crystal Chavez UNITED REALTY, LLC - HOBBS

    704 E Teague Dr, Hobbs, NM 88242
  • /22

    $355,000

    • 4 Beds
    • 2 Baths
    • 2,915 Sq Ft

    830 E Rose Rd Unit C75, Hobbs, NM 88242

    LARGE COUNTRY HOME LOCATED NORTH OF TOWN! HOME SITS ON .39 ACRE. 4 bedrooms, 2 baths, 2 living areas, large kitchen and dining area offers a practical and functional layout with fresh paint and carpet. Offering the right balance of comfort, space and location, this home is ready to welcome the next owner. Step outside into your private peaceful backyard with plenty of space to relax or host

    Cindy Shoobridge ROBINSON & ASSOCIATES REAL ESTATE

    830 E Rose Rd Unit C75, Hobbs, NM 88242
  • /9

    $165,000

    412 E Park St, Hobbs, NM 88240

    412 & 414 E. Park Elevate your investment portfolio with this exceptional income-producing duplex, designed for maximum rental potential. Each unit features a comfortable one-bedroom layout, complete with a bathroom, kitchen, and living room, ensuring a cozy living experience for tenants. This property not only offers immediate cash flow with limited rental properties in Hobbs this investment

    JUSTIN SAVELL Found Real Estate

    412 E Park St, Hobbs, NM 88240
  • /6

    $130,000

    • 2 Beds
    • 1 Bath
    • 746 Sq Ft

    1604 E Dunn St, Hobbs, NM 88240

    NEW PROPERTY ON THE MARKET IN HOBBS, NM. Take a Look at This Cute, Remodeled Home That Just Hit the Market. Featuring 2 Bedrooms, 1 Bathroom, and a Great Sized Backyard. This Home Awaits Its New Owner. Call to Schedule a Showing!

    Giselle Mendoza MVMT REALESTATE

    1604 E Dunn St, Hobbs, NM 88240
  • /9

    $148,000

    • 2 Beds
    • 1 Bath
    • 980 Sq Ft

    2519 W Midwest St, Hobbs, NM 88240

    Great Investment Opportunity or Starter Home! Enjoy peaceful country living on nearly 1 acre (.99) with city water & sewer utilities—This fenced-in manufactured home includes an RV hookup and offers room to grow.Home needs a little TLC and is being sold as-is. Sale contingent on seller finding & closing on new property. Note: Storage shed not included in the sale. Quiet, spacious, and full of

    JOSEPHINA MARQUEZ CORE REALTY GROUP

    2519 W Midwest St, Hobbs, NM 88240
  • /2

    $185,000

    • Land
    • 6 Acres
    • $30,833 per Acre

    TBD N Kornegay Ln, Hobbs, NM 88242

    Owner Finance Call for Details

    KIM DELONG CORE REALTY GROUP

    TBD N Kornegay Ln, Hobbs, NM 88242
  • /13

    $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. 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
  • /8

    $175,000

    • 1 Bath

    500 & 500 1/2 E Stanolind Rd, Hobbs, NM 88240

    Great investment properties with excellent rental history. Both homes are 2 bedrooms 1 bath about 800 sq ft each. Metal roofs and siding! Front house was remodeled a couple years ago. Back house was just remodeled and has upgraded electrical and panel.

    Kevin White Empire Real Estate Group, LLC

    500 & 500 1/2 E Stanolind Rd, Hobbs, NM 88240
  • /36

    $530,000

    • 4 Beds
    • 4 Baths
    • 3,394 Sq Ft

    4025 N Cortez St, Hobbs, NM 88240

    WELCOME TO THIS LUXURIOUS UPDATED HOME! 4 bedrooms, 3 bathrooms and guest house/bathroom, nestled in the sought after Stone Elementary District. The isolated large primary suite and bathroom includes dual sinks. The 2 other bedrooms on the other side of the home all have carpet, ceiling fans and are served by a large hall bathroom with double sinks and shower. This beautiful updated kitchen

    Cindy Shoobridge ROBINSON & ASSOCIATES REAL ESTATE

    4025 N Cortez St, Hobbs, NM 88240
  • /22

    $130,000

    • 4 Beds
    • 2 Baths
    • 2,128 Sq Ft

    7325 S Eunice Hwy Unit ST18, Hobbs, NM 88240

    For Sale Mobile Home ONLY- Spacious 4-bedroom, 2-bathroom manufactured home with 2,128 sq. ft. of living space — must be moved. This well-maintained home features two living areas, a dining-in kitchen, a pantry, and a dedicated laundry room. Both bathrooms include double sinks, and the bedrooms are generously sized. The home received a new roof last year, offering added value and peace of mind.

    CASSANDRA ROSA MVMT REALESTATE

    7325 S Eunice Hwy Unit ST18, Hobbs, NM 88240
  • /9

    $150,000

    • 3 Beds
    • 1 Bath
    • 1,008 Sq Ft

    1816 E Snyder St, Hobbs, NM 88240

    Charming 3-bedroom, 1-bathroom home, perfect for first-time buyers! Enjoy low-maintenance living with a fully paved front yard—no need to worry about watering. The one-car garage provides protection from the elements, keeping your vehicle safe year-round. This cozy home is a fantastic starter option. Don’t miss out—call your favorite realtor today to schedule a showing!

    MICHELLE MARSHALL BERKSHIRE HATHAWAY HOME SERVICES ENCHANTED LANDS - HOBBS

    1816 E Snyder St, Hobbs, NM 88240
  • /44

    $520,000

    • 4 Beds
    • 3 Baths
    • 4,125 Sq Ft

    216 E Baja Dr, Hobbs, NM 88240

    This impressive 3-bedroom, 3-bathroom home offers an extraordinary 4,125 square feet of living space on a sprawling 18,481-square-foot lot, perfectly situated in a desirable neighborhood. The property has timeless charm with its elegant brick exterior, arched accents, and nice landscaping featuring mature trees that provide both beauty and privacy. The expansive backyard is a true retreat,

    AARON BENAVIDES UNITED REALTY, LLC - HOBBS

    216 E Baja Dr, Hobbs, NM 88240

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Why Live in Hobbs

Hobbs, a regional commercial hub in southeast New Mexico, lies less than 2 miles from the Texas border. The Hobbs neighborhood is known for its strong sense of connection among residents and a slower-paced lifestyle compared to larger cities. The housing market features midcentury ranch-style homes and contemporary properties, with recent subdivisions offering a range of options from duplexes to luxury homes. Hobbs has a semi-arid climate, with hot summers and temperatures often reaching triple digits. While crime rates have fluctuated, the area remains comparable to the national average. Hobbs High School is renowned for its successful boys' and girls' basketball teams. The city offers various attractions, including shopping and dining along Turner Street/Lovington Highway and Marland Boulevard, with a notable emphasis on Mexican and Tex-Mex cuisine. Zia Park Casino and Racetrack is a key local employer and entertainment venue. Green spaces are limited but include Del Norte Park and McAdams Park, which offer sports fields, picnic areas, trails, and an aquatic park. The CORE Center of Recreational Excellence provides indoor pools, a climbing wall, and fitness equipment, while Rockwind Community Links golf course features 27 holes. Annual events such as Veterans' Day and Christmas Parades, along with the Lea County Fair and PRCA Rodeo, add to the local charm. U.S. Highways 62 and 180 connect Hobbs to nearby cities, and Lea County Regional Airport offers daily flights to Houston and Denver.

Frequently Asked Questions

What is the average home price in Hobbs, NM?
Homes for sale in Hobbs, NM have an average home price of $291,194.
How many homes have sold over the last 12 months in Hobbs, NM?
418 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, 88260, 88242, 79360 and 79323.
How much do you need to make to afford a house in Hobbs?
The median home price in Hobbs is $280,000. If you put a 20% down payment of $56,000 and had a 30-year fixed mortgage with an interest rate of 6.67%, your estimated principal and interest payment would be $1,440 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $62K a year to afford the median home price in Hobbs.
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 Coronado Elementary School. Browse all the schools in Hobbs, NM to learn more.

Home Trends in Hobbs, NM

Housing Trends

Median Sale Price
$277,000
Median Single Family Sale Price
$277,000
Median Townhouse Sale Price
$104,500
Average Price Per Sq Ft
$147
Number of Homes for Sale
37
Last 12 months Home Sales
418
Months of Supply
1.10
Median List Price
$280,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%
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