Hobbs, NM Homes for Sale under $100,000

/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
Explore Hobbs
/2
$80,000
- Land
- 0.79 Acre
- $101,266 per Acre
1416 E Linda Ln, Hobbs, NM 88242

Looking for land north of town? Look no further, check out this land with newly installed power pole and an underground shelter with so many possibilites! Ready to build a shop or build your dream home? Mobile Homes are also permitted, buyer to do their due diligence.

ERIKA REZA UNITED REALTY, LLC - HOBBS

1416 E Linda Ln, Hobbs, NM 88242
/13
$65,000
- 3 Beds
- 1 Bath
- 720 Sq Ft
1518 E Skelly St, Hobbs, NM 88240

Looking for a cozy and convenient place to call home? Check out this 3-bedroom, 1-bath mobile home that has everything you need! Features: Central AC/Heat for year-round comfort All utilities already set up for your convenience A fully fenced lot for privacy and security This home is perfect for first-time buyers or investors. Don’t miss out on this great opportunity—schedule your showing

Mayte Rodriguez-Holguin ELITE REAL ESTATE

1518 E Skelly St, Hobbs, NM 88240
/2
$47,500
- Land
- 0.14 Acre
- $344,953 per Acre
1126 N Gulf St, Hobbs, NM 88240

Drive by to see the potential this amazing lot has to offer. Call your favorite Realtor!

MISTY SMITH BERKSHIRE HATHAWAY HOME SERVICES ENCHANTED LANDS - HOBBS

1126 N Gulf St, Hobbs, NM 88240
/3
$65,000
- Land
- 0.52 Acre
- $125,000 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
/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
/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
/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
/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
/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). Burned mobile home and RVs remain; buyer responsible for removal. Sold as-is.

Desiree Paz UNITED REALTY, LLC - HOBBS

1926 N Mobile 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
/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
$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
$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
$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
/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
/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
$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
/2
$31,000
- Land
- 0.36 Acre
- $86,111 per Acre
TBD S Arkansas Jct, Hobbs, NM 88240

Cindy Shoobridge ROBINSON & ASSOCIATES REAL ESTATE

TBD S Arkansas Jct, Hobbs, NM 88240

New Mexico Lea County Hobbs

Home Trends in Hobbs, NM

On average, homes in Hobbs, NM sell after 88 days on the market compared to the national average of 52 days. The median sale price for homes in Hobbs, NM over the last 12 months is $339,900, up 17% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$339,900

Median Single Family Sale Price

$346,550

Average Price Per Sq Ft

$172

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

2.10

Median List Price

$345,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

17%

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

In Hobbs, there are currently 19 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 Mobile Homes for Sale

More About Living in Hobbs

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