Explore Similar Condos Within 25 Miles of Hobbs, NM

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Why Live in Hobbs

Located in southeast New Mexico, less than 2 miles from the Texas border, Hobbs is the largest city in Lea County. The city was and is built around the oil and gas industry and serves as a regional hub for shopping, dining and entertainment. "I would say the community is definitely the best part about living here," said local Realtor and area native Cassandra Rosa of MVMT Real Estate. "There's a real sense of connection between people. It's a pretty slow-paced lifestyle compared to a big city, but that's a selling point for a lot of folks here. ...

Home Trends in Hobbs, NM

Housing Trends

Median Sale Price
$275,000
Median Single Family Sale Price
$275,000
Median Townhouse Sale Price
$104,500
Median 2 Bedroom Sale Price
$160,000
Average Price Per Sq Ft
$145
Number of Homes for Sale
33
Last 12 months Home Sales
422
Months of Supply
0.90
Median List Price
$280,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%
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