17

Hobbs, NM Homes for Sale under $100,000

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  • 0 Montgomery St, Hobbs, NM 88240
    0 Montgomery St, Hobbs, NM 88240
    0 Montgomery St, Hobbs, NM 88240
    /4

    $42,000

    • Land
    • 0 Acre

    0 Montgomery St, Hobbs, NM 88240

    Great opportunity to build your dream home in a well-established Hobbs neighborhood! This vacant lot is located in a developed area with utilities on or near the property. Neighborhood restrictions help maintain quality and appeal. Convenient location close to schools, shopping, and amenities. Don’t miss your chance to secure this desirable lot and start planning your future build today!

    JULIAN BROWN BERKSHIRE HATHAWAY HOME SERVICES ENCHANTED LANDS - HOBBS

    0 Montgomery St, Hobbs, NM 88240
  • 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

    Welcome to country living at its finest! This 2.48-acre property in Home on the Range subdivision is perfect for 4-H and FFA families who want to raise a few horses, cattle, goats, sheep, and other livestock. Put your future in motion, start building your dream home!

    LISA MELENDEZ Motion Realty, LLC

    TBD Buffalo Rd, Hobbs, NM 88242
  • 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.

    NANCY ESPINOZA Rivas Real Estate Team Co.

    TBD E Midwest St, Hobbs, NM 88240
  • TBD E Sunset Dr, Hobbs, NM 88240
    TBD E Sunset Dr, Hobbs, NM 88240
    /2

    $60,000

    • Land
    • 0.1 Acre
    • $600,000 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

    TBD E Sunset Dr, 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
  • 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
  • 421 E Albertson Dr, Hobbs, NM 88240
    421 E Albertson Dr, Hobbs, NM 88240
    421 E Albertson Dr, Hobbs, NM 88240
    /15

    $99,500

    • 3 Beds
    • 1 Bath
    • 1,064 Sq Ft

    421 E Albertson Dr, Hobbs, NM 88240

    Great price for an investment property. Corner lot with fenced gate entry. With a little TLC this property can be a great income property. Don't miss out!!

    Robbie Robinson ROBINSON & ASSOCIATES REAL ESTATE

    421 E Albertson Dr, Hobbs, NM 88240
  • 1926 N Mobile St, Hobbs, NM 88240
    1926 N Mobile St, Hobbs, NM 88240
    /2

    $70,000

    • Land
    • 1.06 Acres
    • $66,038 per Acre

    1926 N Mobile St, Hobbs, NM 88240

    1.06-acre lot with well and septic (condition unknown).

    Desiree Paz UNITED REALTY, LLC - HOBBS

    1926 N Mobile St, 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 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
  • 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
  • 200 W Navajo Dr, Hobbs, NM 88240
    200 W Navajo Dr, Hobbs, NM 88240
    /2

    $1,000

    • Land
    • 0.49 Acre
    • $2,041 per Acre

    200 W Navajo Dr, Hobbs, NM 88240

    Lease Prime spot corner of Hope & Navajo - $1,000.00 monthly. Great for food trucks and food events! Electrical & Water are on property.

    JOSEPHINA MARQUEZ CORE REALTY GROUP

    200 W Navajo Dr, Hobbs, NM 88240
  • 1514 E Skelly St, Hobbs, NM 88240
    1514 E Skelly St, Hobbs, NM 88240
    /2

    $65,000

    • 1 Bed
    • 1 Bath
    • 630 Sq Ft

    1514 E Skelly St, Hobbs, NM 88240

    Check out this cozy 1-bedroom, 1-bath mobile home that's perfect for first-time buyers or savvy investors. Property Features: Central AC/Heat to keep you comfortable year-round A fully fenced lot for added privacy and security Located just south of Hobbs, offering peaceful living with easy access to town Whether you're looking to invest or settle into your first home, this property is an

    Mayte Rodriguez-Holguin ELITE REAL ESTATE

    1514 E Skelly 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
  • 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

    Mayte Rodriguez-Holguin ELITE REAL ESTATE

    11014 N Meadowlark St, Hobbs, NM 88242
  • 512 S Mckinley St, Hobbs, NM 88240
    512 S Mckinley St, Hobbs, NM 88240
    /2

    $70,000

    • Land
    • 0.16 Acre
    • $446,144 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 N Knowles Rd, Hobbs, NM 88242
    TBD N Knowles Rd, Hobbs, NM 88242
    /2

    $18,000

    • Land
    • 0.08 Acre
    • $224,159 per Acre

    TBD N Knowles Rd, Hobbs, NM 88242

    Mayte Rodriguez-Holguin ELITE REAL ESTATE

    TBD N Knowles 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 108 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 $337,950, up 19% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$337,950
Median Single Family Sale Price
$350,000
Average Price Per Sq Ft
$170
Number of Homes for Sale
16
Last 12 months Home Sales
72
Months of Supply
2.70
Median List Price
$349,950
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
19%
How to Buy a Home How to Finance a Home How to Sell a Home

In Hobbs, there are currently 17 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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