Hobbs, NM Homes for Sale under $100,000

/4
$65,000
- Land
- 0.17 Acre
- $378,127 per Acre
1307 W Princess Jeanne Dr, Hobbs, NM 88240

Vacant 0.17-acre lot offering a great opportunity for residential development. This clean, empty parcel provides a blank canvas to build your next home or investment property. Don’t miss your chance to secure land in a growing area!

Stephanie Garza

UNITED REALTY, LLC - HOBBS

(575) 502-6634

1307 W Princess Jeanne Dr, Hobbs, NM 88240
Explore Hobbs
/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
/3
$85,000
- Land
- 2.2 Acres
- $38,636 per Acre
11014 N Meadowlark St, Hobbs, NM 88242

Mayte Rodriguez-Holguin

ELITE REAL ESTATE

(575) 519-7972

11014 N Meadowlark St, Hobbs, NM 88242
/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
/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
/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
/23
$74,500
- 2 Beds
- 1 Bath
- 1,300 Sq Ft
217 W Main St, Hobbs, NM 88240

Built in the 1980s, this established property boasts an attractive brick exterior and a solid foundation. Protection is assured with a durable metal roof. Enjoy a cozy atmosphere with the primary fireplace heat source. Parking is abundant with an attached 1-car garage, offering attic storage, plus an extensive 4-car covered carport.

Jared English Congress Realty, Inc.

217 W Main St, Hobbs, NM 88240
/2
$80,000
- Land
- 1.06 Acres
- $75,472 per Acre
1926 N Mobile St, Hobbs, NM 88240

1.06 Acres

Desiree Paz UNITED REALTY, LLC - HOBBS

1926 N Mobile 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
/2
$80,000
- 2 Beds
- 1 Bath
- 720 Sq Ft
1206 N Cochran St, Hobbs, NM 88240

This 2 bedroom, 1 bathroom home offers 720 square feet of potential and is ready for a full remodel. Ideal for investors or buyers looking to customize from the ground up, this property provides a blank canvas to reimagine the layout, finishes, and overall design. With a compact footprint that allows for efficient renovations, it is well suited for a fix and flip, rental investment, or personal

AARON BENAVIDES UNITED REALTY, LLC - HOBBS

1206 N Cochran 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
/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
/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
/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
/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
$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
$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
$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
$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
$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
/3
$25,000
- Land
- 0.17 Acre
- $151,240 per Acre
TBD E Carter Rd, Hobbs, NM 88242

Vacant Lot for Sale

NANCY ESPINOZA Rivas Real Estate Team Co.

TBD E Carter Rd, Hobbs, NM 88242

New Mexico Lea County Hobbs

Home Trends in Hobbs, NM

On average, homes in Hobbs, NM sell after 97 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 $314,000, up 9% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$314,000

Median Single Family Sale Price

$340,000

Average Price Per Sq Ft

$172

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

2.00

Median List Price

$342,500

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 30 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

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Homes in Nearby Counties

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