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Price Reduced Homes for Sale in Hobbs, NM

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  • /14

    $439,500

    $11K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,891 Sq Ft

    109 W Clearfork Dr, Hobbs, NM 88240

    Remodeled home featuring spacious bedrooms and thoughtful updates throughout! Major improvements include a new roof installed in February 2026 and a new 5-ton A/C unit installed in July 2026. The updated kitchen features granite countertops and kitchen appliances, while the remodeled bathrooms also showcase granite finishes. Additional upgrades include new garage doors with new motors. With its

    Agent Photo

    Mayte Rodriguez-Holguin

    Elite Real Estate

    109 W Clearfork Dr, Hobbs, NM 88240
  • /31

    $374,900

    $25K 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 vinyl planking in bedrooms for comfort. Ample amount of kitchen storage in custom stained cabinets. Granite counter tops are complemented with stainless appliances.

    Robbie Robinson Robinson & Associates Real Estate

    921 Jicarilla St, Hobbs, NM 88240
  • /27

    $265,000

    $15K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,853 Sq Ft

    616 E Mesa Dr, Hobbs, NM 88240

    This unique home offers classic Santa Fe style charm and features including inviting indoor and outdoor living spaces perfect for entertaining. If you are looking for your next home or an investment property this home is ready for your personal touch!

    JENNIFER DE LOS SANTOS United Realty, LLC - Hobbs

    616 E Mesa Dr, Hobbs, NM 88240
  • /18

    $545,000

    $15K PRICE DROP
    • 5 Beds
    • 5 Baths
    • 2,961 Sq Ft

    1733 E Highwood Ave, Hobbs, NM 88240

    Spacious 5-bedroom, 4-bathroom home featuring a private primary suite plus a second bedroom with its own ensuite bath. Enjoy a 3-car garage, formal dining room, formal living room with a beautiful brick fireplace, and an additional flexible space perfect for entertaining, lounging, or a home office. The kitchen features a stunning waterfall island, while the backyard offers a covered patio

    Laura Juarez Davis United Realty, LLC - Hobbs

    1733 E Highwood Ave, Hobbs, NM 88240
  • /12

    $129,500

    $15K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,144 Sq Ft

    203 E Temple Ave, Hobbs, NM 88240

    Perfect stater home or your next income property. Built to stand the test of time. Cinder-block construction with newer metal roof and solid floor. Setting on large lot with great setback and massive back yard. Tile floors throughout common areas. Vinyl stick down in bedrooms. Garage has been converted to large third bedroom or den with laundry room at the rear. Jump on it before it's gone!!!

    Robbie Robinson Robinson & Associates Real Estate

    203 E Temple Ave, Hobbs, NM 88240
  • /43

    $499,500

    $26K 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. four bedroom three bath luxury home is very open and

    Robbie Robinson Robinson & Associates Real Estate

    216 E Baja Dr, Hobbs, NM 88240
  • /35

    $575,000

    $15K PRICE DROP
    • 3 Beds
    • 4 Baths
    • 3,906 Sq Ft

    1924 N Alto Dr, Hobbs, NM 88240

    Welcome To Timeless Elegance In One Of The Area's Most Established And Sought-After Neighborhoods. Situated On A Beautifully Landscaped Corner Lot, This 3,200+ Square-Foot Residence Perfectly Blends Classic Architectural Charm With Premier Indoor-Outdoor Living. Step Inside To Discover Sophisticated Craftsmanship, Highlighted By Gorgeous Rich Wood Paneling And A Traditional Study/Library That

    LEEROY RIVAS Rivas Real Estate Team Co.

    1924 N Alto Dr, Hobbs, NM 88240
  • /9

    $1,850,000

    $100K PRICE DROP
    • Land
    • 126 Acres
    • $14,683 per Acre

    6804 N Grimes St, Hobbs, NM 88242

    Rare opportunity to acquire 126 contiguous acres near Hobbs, New Mexico, offering exceptional flexibility for residential development, farm, ranch or long-term investment. The property includes approximately 94 acres of adjudicated water rights and two high-capacity irrigation wells, each approximately 200 feet deep with water at approximately 120 feet and reported production of approximately 700

    Matthew Smith Found Real Estate

    6804 N Grimes St, Hobbs, NM 88242
  • /20

    $601,272

    $601M PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,386 Sq Ft

    1104 W Arizona St, Hobbs, NM 88242

    Welcome to country living at its finest! Built in 2021, this stunning 4-bedroom, 3-bathroom home sits on a spacious 1.25 acre lot, offering privacy, serene scenic views, and plenty of room to expand. The interior features a modern layout with generous natural light, flexible living spaces, and quality finishes throughout. Highlights include an isolated master suite that feels like its own little

    Annabel Horne Berkshire Hathaway Home Services Enchanted Lands - Hobbs

    1104 W Arizona St, Hobbs, NM 88242
  • /25

    $539,900

    $5K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 2,599 Sq Ft

    8501 N Matt Dr, Hobbs, NM 88242

    Amazing custom-built country home that offers beauty and functionality + horse facilities and 30'x40' insulated metal shop building with overhead door and electricity...all situated on 1.25 acres north of Hobbs in the College Lane Elementary/Del Norte Middle School districts. Built in 2019, this desirable property also boasts a front sprinkler system and turf in the back yard with 5 mature trees

    Melodi Salas Ranchline Taylor & Taylor Realtors

    8501 N Matt Dr, Hobbs, NM 88242
  • /25

    $540,000

    $15K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 2,780 Sq Ft

    36 S Broadmoor Park, Hobbs, NM 88240

    WHERE LUXURY MEETS LIFESTYLE IN BROADMOOR PARK! THIS EXCEPTIONAL HOME OFFERS THE PERFECT BLEND OF PRIVACY, SOPHISTICATED DESIGN, AND MODERN COMFORT. EVERY DETAIL WAS THOUGHTFULLY DESIGNED FOR ELEVATED EVERYDAY LIVING. LOCATED IN ONE OF THE AREA'S MOST DESIRABLE COMMUNITIES AND BUILT WITH TIMELESS QUALITY, THIS IS A HOME YOU WONT WANT TO MISS!! CALL TODAY TO SCHEDULE YOUR PRIVATE SHOWING!

    Edith Frausto Elite Real Estate

    36 S Broadmoor Park, Hobbs, NM 88240
  • /33

    $475,000

    $15K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 2,485 Sq Ft

    709 W Vista Ct, Hobbs, NM 88240

    Beautiful home located in a Cul-de-Sac. This beautiful home has an open floor plan with a large living room open to formal dining, kitchen area etc. Enjoy a beautiful gas log fireplace and tall ceilings with crown molding, built in bookcases in living, granite, & shutters throughout. Kitchen has granite and an eat-in area as well. Seller will be taking the dining room chandelier and will have

    Tracy Coleman Edge Realty Group

    709 W Vista Ct, Hobbs, NM 88240
  • /27

    $239,900

    $5K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,664 Sq Ft

    1521 N Evans St, Hobbs, NM 88240

    Beautiful 2024 Fleetwood double-wide on a generous 0.75-acre lot! Spanning 1,664 sq ft, this 3-bedroom, 2-bath home features a bright, open floor plan with stylish wood-look flooring throughout. The kitchen boasts a large center island, classic white cabinetry, dark countertops, subway tile backsplash, farmhouse sink, and stainless appliances. Outside, take advantage of ample acreage, mature

    Enrique Sanchez Revolve Realty, LLC

    1521 N Evans St, Hobbs, NM 88240
  • /19

    $235,000

    $14K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,719 Sq Ft

    2909 N Flamingo Dr, Hobbs, NM 88240

    Charming home featuring a warm and inviting living room with a cozy fireplace, updated kitchen with granite countertops, spacious bonus room perfect for a game room, office, or second living area, covered patio, and a backyard ideal for entertaining!

    Laura Juarez United Realty, LLC - Hobbs

    2909 N Flamingo Dr, Hobbs, NM 88240
  • /2

    $140,000

    $10K PRICE DROP
    • Land
    • 10 Acres
    • $14,000 per Acre

    132 S Stanolind St S, Hobbs, NM 88240

    Cesar Jimenez Elite Real Estate

    132 S Stanolind St S, Hobbs, NM 88240
  • /5

    $87,000

    $783K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 906 Sq Ft

    5409 E Seminole Hwy, Hobbs, NM 88240

    COUNTRY PROPERTY--SOLD AS IS! Looking for a country property with potential? Don't miss this opportunity! This property features a small house and a trailer, both of which will require repairs-----perfect for someone ready to bring their vision!

    Cindy Shoobridge Robinson & Associates Real Estate

    5409 E Seminole Hwy, Hobbs, NM 88240
  • /12

    $255,000

    $10K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,776 Sq Ft

    7319 W Alabama St, Hobbs, NM 88240

    Welcome to this 3-bedroom, 2-bathroom home situated on almost 5 acres. With plenty of space to expand, build, or create your own outdoor retreat, this property is full of potential. Inside, you'll find a functional layout with spacious living areas, while the expansive acreage provides endless possibilities. Whether you're looking for peaceful country living or room to grow, this property is

    Laura Juarez Davis United Realty, LLC - Hobbs

    7319 W Alabama St, Hobbs, NM 88240
  • /3

    $400,000

    $200K PRICE DROP
    • Land
    • 20 Acres
    • $20,000 per Acre

    100 E Cope Place, Hobbs, NM 88242

    20 acre land opportunity near Hobbs, New Mexico, offering a combination of development potential, water rights, and existing agricultural utility. Offered at $400,000, the property provides an attractive basis of approximately $20,000 per acre. The property includes water rights and a high-capacity irrigation well, providing valuable existing infrastructure and flexibility for continued

    Matthew Smith Found Real Estate

    100 E Cope Place, Hobbs, NM 88242
  • /20

    $480,000

    $18K PRICE DROP
    • 4 Beds
    • 5 Baths
    • 2,294 Sq Ft

    2121 E Cliffwood Cir, Hobbs, NM 88240

    The Perfect Home in the Tanglewood Sub-Division! Built in 2021, this property blends modern comfort with timeless curb appeal. This 4-bedroom, 3.5-bathroom home combines a functional 2,294-square-foot layout.

    LEEROY RIVAS Rivas Real Estate Team Co.

    2121 E Cliffwood Cir, Hobbs, NM 88240
  • /29

    $535,000

    $13K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 2,131 Sq Ft

    204 W Sockwell St, Hobbs, NM 88242

    Welcome To This Gorgeous Custom-Built Home Completed In 2024! Sitting On A Peaceful 1-Acre Lot, This Spacious 4-Bedroom, 2-Bathroom Home Features A Bright, Open Floor Plan That Connects The Living, Dining, And Kitchen Areas-Making Daily Life And Entertaining Easy. You'll Love The Comfortable Layout, Generous Bedroom Sizes, And The Clean, Brand-New Feel Throughout. Outside, The Large Backyard

    LEEROY RIVAS Rivas Real Estate Team Co.

    204 W Sockwell St, Hobbs, NM 88242
  • /4

    $950,000

    $250K PRICE DROP
    • Land
    • 30.37 Acres
    • $31,281 per Acre

    0 W Pinson St Unit 20262151, Hobbs, NM 88242

    30.37 acre development opportunity north of Hobbs, New Mexico, offered at $950,000. The property provides a substantial contiguous tract and strong potential for residential subdivision or other future development. A preliminary subdivision concept has already been prepared, giving prospective developers a starting point for evaluating potential lot layout and development of the property. The

    ALLIE ETIER Found Real Estate

    0 W Pinson St Unit 20262151, Hobbs, NM 88242
  • /26

    $595,000

    $20K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 3,156 Sq Ft

    1325 W Canterbury St, Hobbs, NM 88242

    Beautiful 4-bedroom, 3-bath home in one of Hobbs' most desirable established neighborhoods! Offering over 3,100 sq. ft., this spacious home has been thoughtfully refreshed with a new roof, fresh interior paint, updated light fixtures, new flooring in select areas, two new garage doors and operators, updated kitchen appliances, and more! With a great floor plan, generous living spaces, and a fresh

    Alex Henderson Nexus Real Estate

    1325 W Canterbury St, Hobbs, NM 88242
  • /20

    $325,000

    $55K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,200 Sq Ft

    3501 Monument Hwy, Hobbs, NM 88240

    Handsomely Remodeled Country Home on 10 Acres with a 30'x30' Custom Shop!! New handcrafted entry gate of Monument Hwy. Newly built caliche drive up to the home. Great setback for privacy. Inside featuring open floorplan with luxury vinal planking throw-out. Third bedroom was opened up to make master suite. New metal roof with eye popping trim and eave work. Rain gutters for the final touch.

    Robbie Robinson Robinson & Associates Real Estate

    3501 Monument Hwy, Hobbs, NM 88240
  • /2

    $250,000

    $25K PRICE DROP
    • Land
    • 3.17 Acres
    • $78,864 per Acre

    10918 N Monarch St, Hobbs, NM 88242

    3 Acres with Existing Well & Septic in Hobbs! Great opportunity to own approximately 3 acres just outside Hobbs with existing improvements already in place, including a private water well and septic system. Plenty of room for a manufactured home, custom build, shop, animals, or investment property. Quiet area with easy access to town while still offering space and privacy.

    DENICE Chavez Casa Oasis Realty

    10918 N Monarch St, Hobbs, NM 88242
  • /2

    $240,000

    $30K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,846 Sq Ft

    1906 N Rojo Dr, Hobbs, NM 88240

    BRING YOUR VISION AND TRANSFORM THIS 3 BEDROOM, 2 BATH HOME INTO SOMETHING TRULY SPECIAL! Bring your personal touch to this "FIXER UPPER" rehab needed, centrally located and near an elementary school. Home is being sold 'AS IS" .

    Cindy Shoobridge Robinson & Associates Real Estate

    1906 N Rojo Dr, Hobbs, NM 88240
  • /20

    $180,000

    $20K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 1,600 Sq Ft

    1527 N Breckon Dr, Hobbs, NM 88240

    Owner financing only one this amazing 3-bedroom 1.5 bath home, located in Hobbs, NM right in front of Taylor elementary school. Garage was recently converted to living space for anyone who is looking to get a great sized home at 1,600 sqft! Great opportunity for anyone who cannot get traditional financing. Square footage figures are provided as a courtesy estimate only and were obtained from

    AARON BENAVIDES United Realty, LLC - Hobbs

    1527 N Breckon Dr, Hobbs, NM 88240
  • /27

    $410,000

    Open Sun 1PM - 4PM $10K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 2,101 Sq Ft

    5103 King Kelly Rd, Hobbs, NM 88240

    Turn-key and ready for its new owners! This beautifully maintained home features granite countertops throughout, gorgeous tile flooring in the main areas, carpeted bedrooms, and a custom electric fireplace in the living room. The spacious primary suite offers a huge bedroom, walk-in closet, walk-in shower, and his-and-hers vanities. Enjoy walk-in closets throughout, a large laundry room, and

    Michelle Cortez Berkshire Hathaway Home Services Enchanted Lands - Hobbs

    5103 King Kelly Rd, Hobbs, NM 88240

Home Price Trends

Median Sale Price
$340,000
Median Single Family Sale Price
$338,000
Median 2 Bedroom Sale Price
$177,000
Median 1 Bedroom Sale Price
$100,000
Average Price Per Sq Ft
$179
Number of Homes for Sale
27
Last 12 months Home Sales
119
Months of Supply
1.40
Median List Price
$354,772
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
12%
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