31

Hobbs, NM Homes for Sale under $100,000

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  • 1307 W Princess Jeanne Dr, Hobbs, NM 88240
    1307 W Princess Jeanne Dr, Hobbs, NM 88240
    1307 W Princess Jeanne Dr, Hobbs, NM 88240
    /4

    $50,000

    • Land
    • 0.17 Acre
    • $290,867 per Acre

    1307 W Princess Jeanne Dr, Hobbs, NM 88240

    Vacant 0.17-acre lot offering a great opportunity for residential development. This clean, empty parcel provides a blank canvas to build your next home or investment property. Don’t miss your chance to secure land in a growing area!

    Agent Photo

    Stephanie Garza

    UNITED REALTY, LLC - HOBBS

    (575) 502-6634

    1307 W Princess Jeanne Dr, Hobbs, NM 88240
  • TBD E Sunset Dr, Hobbs, NM 88240
    TBD E Sunset Dr, Hobbs, NM 88240
    /2

    $48,000

    • Land
    • 0.1 Acre
    • $480,000 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.

    Agent Photo

    Mayte Rodriguez-Holguin

    Elite Real Estate

    (575) 418-2229

    TBD E Sunset Dr, Hobbs, NM 88240
  • 11014 N Meadowlark St, Hobbs, NM 88242
    11014 N Meadowlark St, Hobbs, NM 88242
    11014 N Meadowlark St, Hobbs, NM 88242
    /3

    $85,000

    • Land
    • 2.2 Acres
    • $38,636 per Acre

    11014 N Meadowlark St, Hobbs, NM 88242

    Agent Photo

    Mayte Rodriguez-Holguin

    Elite Real Estate

    (575) 519-7972

    11014 N Meadowlark St, Hobbs, NM 88242
  • TBD N Calle Bonita St, Hobbs, NM 88242
    TBD N Calle Bonita St, Hobbs, NM 88242
    /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
  • TBD Buffalo Rd, Hobbs, NM 88242
    TBD Buffalo Rd, Hobbs, NM 88242
    /2

    $90,000

    • Land
    • 2.48 Acres
    • $36,290 per Acre

    TBD Buffalo Rd, Hobbs, NM 88242

    Looking for land to build your dream home? Look no further! This 2.48-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
  • 501 E Broadway St, Hobbs, NM 88240
    501 E Broadway St, Hobbs, NM 88240
    501 E Broadway St, Hobbs, NM 88240
    /4

    $100,000

    • Land
    • 0 Acre

    501 E Broadway St, Hobbs, NM 88240

    Charilyn Discua Rivas Real Estate Team Co.

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

    $80,000

    • Land
    • 0.6 Acre
    • $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
  • TBD W Marland Blvd, Hobbs, NM 88240
    TBD W Marland Blvd, Hobbs, NM 88240
    /2

    $10,000

    • Land
    • 0.05 Acre
    • $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
  • 5029 W Longtail Rd, Hobbs, NM 88240
    5029 W Longtail Rd, Hobbs, NM 88240
    /2

    $58,000

    • Land
    • 0.16 Acre
    • $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
  • 5114 Grey Ghost Rd, Hobbs, NM 88240
    5114 Grey Ghost Rd, Hobbs, NM 88240
    /2

    $59,000

    • Land
    • 0.18 Acre
    • $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
  • 5110 Grey Ghost Rd, Hobbs, NM 88240
    5110 Grey Ghost Rd, Hobbs, NM 88240
    /2

    $58,000

    • Land
    • 0.16 Acre
    • $360,921 per Acre

    5110 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

    5110 Grey Ghost Rd, Hobbs, NM 88240
  • 5024 Grey Ghost Rd, Hobbs, NM 88240
    5024 Grey Ghost Rd, Hobbs, NM 88240
    /2

    $57,000

    • Land
    • 0.14 Acre
    • $407,143 per Acre

    5024 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

    5024 Grey Ghost Rd, Hobbs, NM 88240
  • 515 E Clinton St, Hobbs, NM 88240
    515 E Clinton St, Hobbs, NM 88240
    /2

    $65,000

    • Land
    • 0.16 Acre
    • $419,355 per Acre

    515 E Clinton St, Hobbs, NM 88240

    Welcome to this prime corner lot, perfect for your dream site-built or manufactured home! Don't miss out on this spacious two-lot property.

    JOSEPHINA MARQUEZ CORE REALTY GROUP

    515 E Clinton St, Hobbs, NM 88240
  • 512 S Mckinley St, Hobbs, NM 88240
    512 S Mckinley St, Hobbs, NM 88240
    /2

    $65,000

    • Land
    • 0.16 Acre
    • $414,277 per Acre

    512 S Mckinley St, Hobbs, NM 88240

    Michelle Cortez BERKSHIRE HATHAWAY HOME SERVICES ENCHANTED LANDS - HOBBS

    512 S Mckinley St, Hobbs, NM 88240
  • TBD Scenic Dr, Hobbs, NM 88240
    TBD Scenic Dr, Hobbs, NM 88240
    /2

    $70,000

    • Land
    • 0.43 Acre
    • $161,327 per Acre

    TBD Scenic Dr, Hobbs, NM 88240

    NEW LOTS ON THE MARKET! IF YOUR WANTING TO BUILD YOUR DREAM HOME NEXT TO GREENMEADOW LAKE IN HOBBS NEW MEXICO, THIS LAND IS FOR YOU.

    Giovanni Ornelas Rivas Real Estate Team Co.

    TBD Scenic Dr, Hobbs, NM 88240
  • 5114 W Longtail Rd, Hobbs, NM 88240
    5114 W Longtail Rd, Hobbs, NM 88240
    /2

    $59,000

    • Land
    • 0.18 Acre
    • $321,176 per Acre

    5114 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

    5114 W Longtail Rd, Hobbs, NM 88240
  • TBD W Byers St, Hobbs, NM 88240
    TBD W Byers St, Hobbs, NM 88240
    /2

    $42,000

    • Land
    • 0.1 Acre
    • $406,583 per Acre

    TBD W Byers St, Hobbs, NM 88240

    Take a look at this lot in city limits! Buyer to do their due diligence regarding all utilities and restrictions. Call your favorite realtor for more information.

    ANNABEL FAVELA UNITED REALTY, LLC - HOBBS

    TBD W Byers St, Hobbs, NM 88240
  • TBD E Midwest St, Hobbs, NM 88240
    TBD E Midwest St, Hobbs, NM 88240
    TBD E Midwest St, Hobbs, NM 88240
    /3

    $60,000

    • Land
    • 0.52 Acre
    • $115,385 per Acre

    TBD E Midwest St, Hobbs, NM 88240

    Looking for land? .52 of an acre available now! Call Today for Details.

    LEEROY RIVAS Rivas Real Estate Team Co.

    TBD E Midwest St, Hobbs, NM 88240
  • 408 E Byers St, Hobbs, NM 88240
    408 E Byers St, Hobbs, NM 88240
    /2

    $49,000

    • Land
    • 0.08 Acre
    • $615,578 per Acre

    408 E Byers St, Hobbs, NM 88240

    Lot for sale. Utilities nearby will need to contact the city.

    Martha Thomas Casa Oasis Realty

    408 E Byers St, Hobbs, NM 88240
  • TBD W Park St, Hobbs, NM 88240
    TBD W Park St, Hobbs, NM 88240
    /2

    $55,000

    • Land
    • 0.1 Acre
    • $574,713 per Acre

    TBD W Park St, Hobbs, NM 88240

    Great Lot New to the Market! Located near schools, restaurants, and shopping. Versatile for any need! Call Today for Details!!

    Giovanni Ornelas Rivas Real Estate Team Co.

    TBD W Park St, Hobbs, NM 88240
  • TBD E Greebon St, Hobbs, NM 88240
    TBD E Greebon St, Hobbs, NM 88240
    /2

    $65,000

    • Land
    • 0.22 Acre
    • $289,661 per Acre

    TBD E Greebon St, Hobbs, NM 88240

    Crystal Chavez UNITED REALTY, LLC - HOBBS

    TBD E Greebon St, Hobbs, NM 88240
  • TBD S Ryco Ln, Hobbs, NM 88240
    TBD S Ryco Ln, Hobbs, NM 88240
    /2

    $3,000

    • Land
    • 2.5 Acres
    • $1,200 per Acre

    TBD S Ryco Ln, Hobbs, NM 88240

    2.5 ACRES LOCATED ON SOUTH RYCO LANE OFF OF CARLSBAD HIGHWAY. This Yard has a red metal fence and gate. FOR LEASE ONLY! FOR LEASE ONLY!

    Cindy Shoobridge ROBINSON & ASSOCIATES REAL ESTATE

    TBD S Ryco Ln, Hobbs, NM 88240
  • 5023 W Longtail Rd, Hobbs, NM 88240
    5023 W Longtail Rd, Hobbs, NM 88240
    /2

    $57,000

    • Land
    • 0.14 Acre
    • $407,143 per Acre

    5023 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

    5023 W Longtail Rd, Hobbs, NM 88240
  • TBD W Marland Blvd, Hobbs, NM 88240
    TBD W Marland Blvd, Hobbs, NM 88240
    /2

    $30,000

    • Land
    • 0.1 Acre
    • $300,000 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
  • 5115 W Longtail Rd, Hobbs, NM 88240
    5115 W Longtail Rd, Hobbs, NM 88240
    /2

    $59,000

    • Land
    • 0.18 Acre
    • $321,176 per Acre

    5115 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

    5115 W Longtail Rd, Hobbs, NM 88240
  • TBD W Marland Blvd, Hobbs, NM 88240
    TBD W Marland Blvd, Hobbs, NM 88240
    /2

    $70,000

    • Land
    • 0.22 Acre
    • $318,182 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
  • 5017 W Longtail Rd, Hobbs, NM 88240
    5017 W Longtail Rd, Hobbs, NM 88240
    /2

    $58,000

    • Land
    • 0.16 Acre
    • $360,921 per Acre

    5017 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

    5017 W Longtail Rd, Hobbs, NM 88240
  • 5030 Grey Ghost Rd, Hobbs, NM 88240
    5030 Grey Ghost Rd, Hobbs, NM 88240
    /2

    $58,000

    • Land
    • 0.16 Acre
    • $360,921 per Acre

    5030 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

    5030 Grey Ghost Rd, Hobbs, NM 88240
  • 5104 Grey Ghost Rd, Hobbs, NM 88240
    5104 Grey Ghost Rd, Hobbs, NM 88240
    /2

    $58,000

    • Land
    • 0.16 Acre
    • $360,921 per Acre

    5104 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

    5104 Grey Ghost Rd, Hobbs, NM 88240
  • 6121 N Lobo Ct, Hobbs, NM 88242
    6121 N Lobo Ct, Hobbs, NM 88242
    /2

    $99,000

    • 3 Beds
    • 2 Baths
    • 1,503 Sq Ft

    6121 N Lobo Ct, Hobbs, NM 88242

    Home is being Sold As Is, Where Is. Cash Only. Home is open concept floor plan with Master Bedroom, walk in closet & full bath off living area & two bedrooms & full bath on the opposite end of house. Covered Parking is in back of home. There is also a storage building in back.

    Linda Meador PRIME REALTY

    6121 N Lobo Ct, Hobbs, NM 88242
  • TBD E Carter Rd, Hobbs, NM 88242
    TBD E Carter Rd, Hobbs, NM 88242
    TBD E Carter Rd, Hobbs, NM 88242
    /3

    $25,000

    • Land
    • 0.17 Acre
    • $151,240 per Acre

    TBD E Carter Rd, Hobbs, NM 88242

    Vacant Lot for Sale

    LEEROY RIVAS Rivas Real Estate Team Co.

    TBD E Carter Rd, Hobbs, NM 88242
New Mexico Lea County Hobbs

Real Estate & Homes in Hobbs, NM under $100,000

Home Trends in Hobbs, NM

On average, homes in Hobbs, NM sell after 95 days on the market compared to the national average of 53 days. The median sale price for homes in Hobbs, NM over the last 12 months is $312,000, up 8% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$312,000
Median Single Family Sale Price
$312,000
Average Price Per Sq Ft
$169
Number of Homes for Sale
7
Last 12 months Home Sales
80
Months of Supply
1.10
Median List Price
$340,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
8%
How to Buy a Home How to Finance a Home How to Sell a Home

In Hobbs, there are currently 31 homes for sale priced under $100,000, providing budget-friendly options for prospective buyers. Whether you're in search of houses for sale under 100k or other property types, there are opportunities to discover your ideal home within your budget in Hobbs, NM. From cozy starter homes to properties awaiting your personal touch, these affordable residences offer an entry point into the housing market or an opportunity for real estate investment without stretching your finances.

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