Hobbs, NM Homes under $100,000

/3
$80,000
- 3 Beds
- 1 Bath
- 944 Sq Ft
1100 Ralph Ct, Hobbs, NM 88240

This 3-bedroom, 1-bathroom home is full of potential and waiting for the right buyer to bring their vision to life. This property has strong potential for rental income or resale. Don’t miss out on this chance to add value and make it your own.

NANCY ESPINOZA Rivas Real Estate Team Co.

1100 Ralph Ct, Hobbs, NM 88240
Explore Hobbs
/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
$50,000
- Land
- 0.16 Acre
- $311,139 per Acre
1619 E Dunn St, Hobbs, NM 88240

Check out this property! Drive by to see it today, buyer to do their due diligence. utility's near site mobile homes allowed.

ERIKA REZA UNITED REALTY, LLC - HOBBS

1619 E Dunn St, Hobbs, NM 88240
/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
/2
$70,000
- Land
- 0.16 Acre
- $451,613 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
$30,000
- Land
- 0.10 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
$800
- Land
- 0.49 Acre
- $1,633 per Acre
200 W Navajo Dr, Hobbs, NM 88240

Lease Prime spot corner of Hope & Navajo - $800.00 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
- 0.60 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
$99,000
- 4 Beds
- 2 Baths
- 1,284 Sq Ft
1422 W Princess Jeanne Dr, Hobbs, NM 88240

Great opportunity for investors or savvy buyers! This 4-bedroom, 2-bathroom home is partially remodeled and ready for someone to finish the job. Bring your vision and complete the final updates. This property has strong potential for rental income or resale. Don’t miss out on this chance to add value and make it your own.

NANCY ESPINOZA Rivas Real Estate Team Co.

1422 W Princess Jeanne Dr, 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
/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
$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 89 days on the market compared to the national average of 70 days. The median sale price for homes in Hobbs, NM over the last 12 months is $348,687, up 14% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$348,687

Median Single Family Sale Price

$348,687

Median Townhouse Sale Price

$148,000

Average Price Per Sq Ft

$174

Number of Homes for Sale

Last 12 months Home Sales

213

Months of Supply

0.20

Median List Price

$347,500

Median Change From 1st List Price

Median Home Sale Price YoY Change

14%

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

In Hobbs, there are currently 20 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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Homes in Nearby Counties

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