Hobbs, NM Homes for Sale under $100,000

/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.

Mayte Rodriguez-Holguin

Elite Real Estate

(575) 418-2229

TBD E Sunset Dr, Hobbs, NM 88240
Explore Hobbs
/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
/4
$100,000
- Land
- 0.24 Acre
- $414,938 per Acre
501 E Broadway St, Hobbs, NM 88240

Charilyn Discua Rivas Real Estate Team Co.

501 E Broadway 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
/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
/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
/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
/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
/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
/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
/12
$100,000
- 1 Bed
- 1 Bath
- 480 Sq Ft
3808 N Roth Rd, Hobbs, NM 88240

Cindy Shoobridge ROBINSON & ASSOCIATES REAL ESTATE

3808 N Roth 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
/3
$50,000
- Land
- 0.52 Acre
- $96,154 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
/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
/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
/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
/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
/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
/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
/2
$27,000
- Land
- 0.08 Acre
- $318,396 per Acre
213 E Gypsy St, Hobbs, NM 88240

Great opportunity to own a 26' x 142' lot with some utilities already available. This property offers a convenient setup for future development, whether you’re looking to build a home or an investment property.

Aldo Argott UNITED REALTY, LLC - HOBBS

213 E Gypsy St, 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
/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
/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
/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
/2
$80,000
- Land
- 0.92 Acre
- $86,957 per Acre
TBD E Yuciapa St, Hobbs, NM 88242

Residential acreage for sale .92 acres, this property is located north of town. Great opportunity to build your custom home or invest in land in a growing area. Mobile homes are permitted.

ERIKA REZA UNITED REALTY, LLC - HOBBS

TBD E Yuciapa St, 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
/3
$65,000
- Land
- 0.88 Acre
- $73,864 per Acre
TBD N Shady Ln, Hobbs, NM 88242

.88-acre tract offering the perfect opportunity to enjoy quiet country living while making it your own. Conveniently located between Lovington and Hobbs, providing easy access to both towns while still enjoying the space and privacy of rural living. Plenty of potential to build your dream home or create your ideal homesite.

Maria Barrera Casa Oasis Realty

TBD N Shady Ln, Hobbs, NM 88242

New Mexico Lea County Hobbs

Home Trends in Hobbs, NM

On average, homes in Hobbs, NM sell after 71 days on the market compared to the national average of 55 days. The median sale price for homes in Hobbs, NM over the last 12 months is $314,500, up 6% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$314,500

Median Single Family Sale Price

$320,000

Average Price Per Sq Ft

$176

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

0.80

Median List Price

$340,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Hobbs, there are currently 27 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.

Hobbs Types of Homes for Sale

Hobbs Homes by Price

More About Living in Hobbs

Homes for Sale in Nearby Cities

Homes for Sale in Nearby Counties

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