Hobbs, NM Homes under $100,000

/2
$50,000
- Land
- 0.14 Acre
- $363,108 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
- 0.10 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
- 2.50 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
/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
$80,000
- Land
- 0.60 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
$95,000
- Land
- 0.00 Acre
TBD W Catalpa St, Hobbs, NM 88240

Corner lot for sale in the Green Meadows subdivision, Build your dream home and enjoy walks around the Green Meadows Lake and the seasonal Farmer's Market.

Dawn Stixrud REMAX ASPIRE

TBD W Catalpa 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
/2
$15,000
- Land
- 0.09 Acre
- $176,056 per Acre
Unlisted Address

Lot with Utilities near site!

Crystal Chavez UNITED REALTY, LLC - HOBBS

Unlisted Address
/2
$100,000
- 3 Beds
- 1.5 Baths
- 2,133 Sq Ft
506 W Comanche Dr, Hobbs, NM 88240

HOME has a lot of potential with 3 bedrooms 1 1/2 bathrooms and another 600 +- square feet of a very large sunroom. This home sits on approximately .46 of an acre. Great property for an investor! CASH BUYERS ONLY AND PROPERTY TO BE SOLD "AS IS".

Cindy Shoobridge ROBINSON & ASSOCIATES REAL ESTATE

506 W Comanche Dr, Hobbs, NM 88240
/3
$85,000
- Land
- 2.20 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
/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
/2
$59,000
- Land
- 3.96 Acres
- $14,899 per Acre
TBD Alabama, Hobbs, NM 88240

Cindy Shoobridge ROBINSON & ASSOCIATES REAL ESTATE

TBD Alabama, Hobbs, NM 88240

New Mexico Hobbs

Home Trends in Hobbs, NM

On average, homes in Hobbs, NM sell after 47 days on the market compared to the national average of 49 days. The median sale price for homes in Hobbs, NM over the last 12 months is $271,000, up 4% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$271,000

Median Single Family Sale Price

$271,000

Median Townhouse Sale Price

$104,500

Average Price Per Sq Ft

$144

Number of Homes for Sale

Last 12 months Home Sales

413

Months of Supply

1.20

Median List Price

$275,000

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 13 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

More About Living in Hobbs

Homes in Nearby Cities

Homes in Nearby Counties

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