144

Hobbs, NM Homes for Sale

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  • /14

    $190,000

    • 3 Beds
    • 2 Baths
    • 1,528 Sq Ft

    1207 E Pecos Dr, Hobbs, NM 88240

    This home is 3 bedrooms and 2 bathrooms, with central heating and cooling and a large back yard. There is a garage in the back that can be used as storage or converted into a room/studio. Looking for your place to call home for the first time or an investment? This is the one!

    Agent Photo

    Monica Gutierrez

    Elevated Realty

    (575) 414-1824

    1207 E Pecos Dr, Hobbs, NM 88240
  • /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!

    Agent Photo

    Monica Gutierrez

    Elevated Realty

    (575) 448-9504

    1822 E Tanglewood Ave, Hobbs, NM 88240
  • /35

    $420,000

    • 4 Beds
    • 2.5 Baths
    • 2,521 Sq Ft

    2102 E Parkwood Ave, Oil Center, NM 88240

    Beautiful two-story home in the Tanglewood subdivision! This spacious home features a well-designed split floor plan with 4 bedrooms, 2 full bathrooms, and a convenient half bath downstairs. Enjoy an open-concept living area , along with a second living space and an upstairs loft. The kitchen features a large island and pantry. Enjoy the covered patio overlooking a spacious backyard. This home

    LADONNA SANCHEZ UNITED REALTY, LLC - HOBBS

    2102 E Parkwood Ave, Oil Center, NM 88240
  • /13

    $172,000

    $8K PRICE DROP
    • 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
  • /9

    $245,000

    $5K PRICE DROP
    • 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
  • /44

    $699,999

    $15K PRICE DROP

    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
  • /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
  • /33

    $800,000

    $50K PRICE DROP
    • 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
  • /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
  • /12

    $205,000

    • 3 Beds
    • 2 Baths
    • 1,509 Sq Ft

    606 E Yucca Dr, Hobbs, NM 88240

    This ranch-style home in Hobbs presents solid bones and genuine potential for buyers ready to personalize their space. With three bedrooms and two bathrooms, the floor plan offers functional living quarters with room to grow and improve. The interior provides a straightforward layout across three bedrooms and two bathrooms. Outside, the property features a large carport and a covered

    EMESE FISHER FISHER REAL ESTATE, LLC.

    606 E Yucca Dr, Hobbs, NM 88240
  • /2

    $1,499,000

    $501K PRICE DROP
    • 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
  • /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
  • /15

    $230,000

    • 3 Beds
    • 2 Baths
    • 1,466 Sq Ft

    1317 E Michigan Dr, Hobbs, NM 88240

    Super cute home that has been completely remodeled! Featuring new flooring, new kitchen cabinets, new baseboards, and so many more improvements throughout. Move-in ready and full of charm-this one is a must-see!

    Martha Thomas Casa Oasis Realty

    1317 E Michigan Dr, Hobbs, NM 88240
  • /3

    $320,000

    $70K PRICE DROP
    • Land
    • 9.11 Acres
    • $35,126 per Acre

    TBD N Thorp St, Hobbs, NM 88240

    9 Acres of raw land with amazing potential just North of Hobbs, NM. OWNER FINANCE AVAILABLE

    Clarissa Reyes UNITED REALTY, LLC - HOBBS

    TBD N Thorp St, Hobbs, NM 88240
  • /63

    $439,999

    $10K PRICE DROP
    • 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
  • /2

    $310,000

    • 4 Beds
    • 2 Baths
    • 1,803 Sq Ft

    5302 W Steel Driver Rd, Hobbs, NM 88240

    Take a look at this 4-bedroom, 2-bath home in the Zia Crossing area. It is 1803 Sq ft with an open kitchen and living room concept. This home has solar panels that are paid off!! Hurry and come take a look before it is gone!

    Jason Stine Edge Realty Group

    5302 W Steel Driver Rd, Hobbs, NM 88240
  • /43

    $515,000

    $10K PRICE DROP
    • 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
  • /2

    $210,000

    • Land
    • 18.88 Acres
    • $11,123 per Acre

    516 E Pinson Rd, Hobbs, NM 88242

    18.88 +- acres of VACANT LAND. Perfect spot for you to build your dream home with acreage or a commercial building. Take a look, it might be the right place for you.

    Jason Stine Edge Realty Group

    516 E Pinson Rd, Hobbs, NM 88242
  • /3

    $2,021,184

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

    000 Lot 20, Hobbs, NM 88240

    Suerte Land Group now offers a variety of different land options to accommodate your next development. Situated in a vastly growing area in the heart of Lea County, this land is surrounded by large facilities including the CORE Center of Recreational Excellence, the new Covenant Hospital, Zia Park Racetrack and Casino, Lea County Event Center, NMJC, and much more. Lot 20 is located on Suerte

    Kali Taylor CORE REALTY GROUP

    000 Lot 20, Hobbs, NM 88240
  • /2

    $225,000

    $30K PRICE DROP
    • Land
    • 1.57 Acres
    • $143,102 per Acre

    TBD N Marland Blvd, Hobbs, NM 88240

    1.33 ACRES OF PRIME PROPERTY LOCATED ON N. MARLAND. GREAT LOCATION FOR RETAIL, COMMERCIAL AND MANY OTHER USES! Located between an RV Park and Family Dollar.

    Cindy Shoobridge ROBINSON & ASSOCIATES REAL ESTATE

    TBD N Marland Blvd, Hobbs, NM 88240
  • /5

    $800,000

    • Land
    • 2.3 Acres
    • $347,826 per Acre

    4640 N Lovington Hwy, Hobbs, NM 88240

    This 2.3-acre property offers an excellent investment opportunity in a busy area of Hobbs, New Mexico. Located at 4640 N. Lovington Highway, the site benefits from outstanding exposure along one of the city’s well-traveled roads, providing strong visibility for businesses and future development.The property sits just south of the new Covenant Hospital, making it especially attractive for

    Erin Anderson PERMIAN REAL ESTATE

    4640 N Lovington Hwy, Hobbs, NM 88240
  • /2

    $150,000

    $50K PRICE DROP
    • Land
    • 8 Acres
    • $18,750 per Acre

    TBD Buffalo Rd, Hobbs, NM 88242

    Looking for land to build your dream home? Look no further! This 8.00-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
  • /2

    $105,000

    • Land
    • 5 Acres
    • $21,000 per Acre

    000 TBD E Kansas St, Hobbs, NM 88242

    Nice Flat 5 acre tract of land on the North side of Hobbs

    Bobby Shaw BURKETT - SHAW REALTY / HOBBS

    000 TBD E Kansas St, Hobbs, NM 88242
  • /2

    $150,000

    • Land
    • 10 Acres
    • $15,000 per Acre

    TBD E Stanolind Rd, Hobbs, NM 88240

    Cesar Jimenez Rivas Real Estate Team Co.

    TBD E Stanolind Rd, Hobbs, NM 88240
  • /2

    $15,000

    $10K PRICE DROP
    • Land
    • 7,000 Sq Ft
    • $93,342 per Acre

    TBD LOT 23 & 24 Maine St, Hobbs, NM 88260

    50 X 140 LOCATED IN HUMBLE CITY

    Mireya Estrello Elite Real Estate

    TBD LOT 23 & 24 Maine St, Hobbs, NM 88260
  • /2

    $80,000

    • Land
    • 26,136 Sq Ft
    • $133,333 per Acre

    1411 E Dunnam St, Hobbs, NM 88240

    Improved vacant lot located directly across from a beautiful park—ideal for building a primary residence or investment property. Utilities are already on-site and have been verified by the seller. Buyer is welcome to conduct their own due diligence. Owner financing is available with a reasonable offer. Drive by anytime to view the property!

    Sandra Ortega UNITED REALTY, LLC - HOBBS

    1411 E Dunnam St, Hobbs, NM 88240
  • /2

    $10,000

    • Land
    • 2,178 Sq Ft
    • $200,000 per Acre

    TBD W Marland Blvd, Hobbs, NM 88240

    New listing located in a high-traffic area, call for more information

    Aldo Argott UNITED REALTY, LLC - HOBBS

    TBD W Marland Blvd, Hobbs, NM 88240
  • /2

    $58,000

    • Land
    • 7,000 Sq Ft
    • $360,921 per Acre

    5029 W Longtail Rd, Hobbs, NM 88240

    Lots Ready for builders and investors! These lots are to be sold in increments of 5 or more. No mobile homes allowed.

    ANGIE QUINTELA ROBINSON & ASSOCIATES REAL ESTATE

    5029 W Longtail Rd, Hobbs, NM 88240
  • /21

    $394,500

    $5K PRICE DROP
    • 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
  • /40

    $575,000

    $21K PRICE DROP
    • 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
  • /2

    $15,000

    $10K PRICE DROP
    • Land
    • 7,000 Sq Ft
    • $93,342 per Acre

    TBD LOT 23 & 24 Humble St, Hobbs, NM 88240

    50 X 140 IN HUMBLE CITY

    Mireya Estrello Elite Real Estate

    TBD LOT 23 & 24 Humble St, Hobbs, NM 88240
  • /4

    $298,000

    $2K PRICE DROP
    • Land
    • 4.14 Acres
    • $71,981 per Acre

    4901 E Seminole Hwy, Hobbs, NM 88240

    4.25 ACRES of Land in PRIME LOCATION Near the NM/TX State Line Located in a high traffic area with frontage access & great Commercial development potential.

    LEEROY RIVAS Rivas Real Estate Team Co.

    4901 E Seminole Hwy, Hobbs, NM 88240
  • /2

    $3,219,935

    • Land
    • 14.73 Acres
    • $218,597 per Acre

    4100 N Lovington Hwy, Hobbs, NM 88240

    This ±14.73 acre property comprised of two parcels in Hobbs, NM offers an exceptional opportunity for commercial development. Approximately 330 feet of frontage on Lovington Hwy, this parcel has high visibility and easy access from the main road. The property is adjacent to the popular Texas Roadhouse and is in close proximity to other well-known establishments such as Verizon, Walmart, Holiday

    Erin Anderson PERMIAN REAL ESTATE

    4100 N Lovington Hwy, Hobbs, NM 88240
  • /2

    $59,000

    • Land
    • 8,001 Sq Ft
    • $321,176 per Acre

    5114 Grey Ghost Rd, Hobbs, NM 88240

    Lots Ready for builders and investors! These lots are to be sold in increments of 5 or more. No mobile homes allowed.

    ANGIE QUINTELA ROBINSON & ASSOCIATES REAL ESTATE

    5114 Grey Ghost Rd, Hobbs, NM 88240
  • /31

    $370,000

    • 3 Beds
    • 2 Baths
    • 2,227 Sq Ft

    5212 W Big Red Rd, Hobbs, NM 88240

    Beautifully well-maintained 3-bedroom, 2-bath home featuring a versatile bonus room that can be used as an office or a fourth bedroom. .The open kitchen offers a large granite island, living and dining area. Throughout the home, you’ll find custom window shutters and numerous upgrades that add both style and comfort. Step outside to enjoy the covered patio and pergola, creating the perfect

    LADONNA SANCHEZ UNITED REALTY, LLC - HOBBS

    5212 W Big Red Rd, Hobbs, NM 88240
  • /3

    $784,080

    • Land
    • 1.8 Acres
    • $435,600 per Acre

    000 Lot 23, Hobbs, NM 88240

    Suerte Land Group now offers a variety of different land options to accommodate your next development. Situated in a vastly growing area in the heart of Lea County, this land is surrounded by large facilities including the CORE Center of Recreational Excellence, the new Covenant Hospital, Zia Park Racetrack and Casino, Lea County Event Center, NMJC, and much more. Lot 23 is a high traffic lot on

    Kali Taylor CORE REALTY GROUP

    000 Lot 23, Hobbs, NM 88240
  • /19

    $197,900

    • 2 Beds
    • 2 Baths
    • 1,854 Sq Ft

    1315 E Bender #9 Blvd, Hobbs, NM 88240

    Nicely updated townhome featuring a floorplan that maximizes the space in the open floor plan provided. Kitchen features include granite counter tops and stainless steel appliances. Bonus Room perfect for a home office, extra guest space or man cave area... perfect pool table size! Make it your new home, or your new investment property!

    CHRISTOPHER (Dino) WILCOX Wilcox Realty

    1315 E Bender #9 Blvd, Hobbs, NM 88240
  • /10

    $220,000

    • 2 Beds
    • 1 Bath
    • 1,208 Sq Ft

    1327 S Perry Dr, Hobbs, NM 88240

    Investor special with multiple income streams and strong upside potential! This property sits on a large lot and includes a primary single-family residence plus a mobil home, making it ideal for rental income, multi-tenant use, or a live-in investment strategy. The main home is in rentable condition with updated flooring, neutral paint, and functional layout—minimizing upfront rehab costs.

    DENICE Chavez Casa Oasis Realty

    1327 S Perry Dr, Hobbs, NM 88240
  • /2

    $175,000

    $25K PRICE DROP
    • Land
    • 37,026 Sq Ft
    • $205,882 per Acre

    2801 N Dal Paso Space B St, Hobbs, NM 88240

    COMMERCIAL OPPORTUNITY! .85 Acres of Prime Commercial Land in Hobbs, NM. Unlock your business potential! Gutted building, ready for renovation. Perfect for retail, office, or service-based businesses.

    LISA MELENDEZ Motion Realty, LLC

    2801 N Dal Paso Space B St, Hobbs, NM 88240

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.

Frequently Asked Questions

What is the average home price in Hobbs, NM?
Homes for sale in Hobbs, NM have an average home price of $404,727.
Are home prices dropping in Hobbs?
Yes, home prices in Hobbs are down 3% in the last 12 months.
How many homes have sold over the last 12 months in Hobbs, NM?
84 homes have sold in Hobbs, NM over the last 12 months.
What is the average household income in Hobbs, NM?
The average household income in Hobbs, NM is $69K.
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 $350,000. If you put a 20% down payment of $70,000 and had a 30-year fixed mortgage with an interest rate of 6.53%, your estimated principal and interest payment would be $1,780 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $76K a year to afford the median home price in Hobbs. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Hobbs is $69K.
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 Prices in Hobbs, NM

Home Price Trends

Median Sale Price
$337,000
Median Single Family Sale Price
$338,000
Median 2 Bedroom Sale Price
$175,000
Median 1 Bedroom Sale Price
$100,000
Average Price Per Sq Ft
$175
Number of Homes for Sale
5
Last 12 months Home Sales
84
Months of Supply
0.70
Median List Price
$350,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%
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