27

Hobbs, NM Homes for Sale under $100,000

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  • 1411 E Dunnam St, Hobbs, NM 88240
    1411 E Dunnam St, Hobbs, NM 88240
    /2

    $80,000

    • Land
    • 26,136 Sq Ft
    • $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
  • TBD W Marland Blvd, Hobbs, NM 88240
    TBD W Marland Blvd, Hobbs, NM 88240
    /2

    $10,000

    • Land
    • 2,178 Sq Ft
    • $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
  • 5029 W Longtail Rd, Hobbs, NM 88240
    5029 W Longtail Rd, Hobbs, NM 88240
    /2

    $58,000

    • Land
    • 7,000 Sq Ft
    • $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
  • 5114 Grey Ghost Rd, Hobbs, NM 88240
    5114 Grey Ghost Rd, Hobbs, NM 88240
    /2

    $59,000

    • Land
    • 8,001 Sq Ft
    • $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
  • 5110 Grey Ghost Rd, Hobbs, NM 88240
    5110 Grey Ghost Rd, Hobbs, NM 88240
    /2

    $58,000

    • Land
    • 7,000 Sq Ft
    • $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
  • 5024 Grey Ghost Rd, Hobbs, NM 88240
    5024 Grey Ghost Rd, Hobbs, NM 88240
    /2

    $57,000

    • Land
    • 6,098 Sq Ft
    • $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
  • 515 E Clinton St, Hobbs, NM 88240
    515 E Clinton St, Hobbs, NM 88240
    /2

    $60,000

    • Land
    • 6,751 Sq Ft
    • $387,097 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
  • 5114 W Longtail Rd, Hobbs, NM 88240
    5114 W Longtail Rd, Hobbs, NM 88240
    /2

    $59,000

    • Land
    • 8,001 Sq Ft
    • $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
  • 1319 E Tulsa St, Hobbs, NM 88242
    1319 E Tulsa St, Hobbs, NM 88242
    1319 E Tulsa St, Hobbs, NM 88242
    /5

    $88,000

    • 2 Beds
    • 1 Bath
    • 787 Sq Ft

    1319 E Tulsa St, Hobbs, NM 88242

    Whether you're looking to "fix and flip" or "fix and hold" this home in North Hobbs could be the one! Sits on half an acre with room to build. Call today to schedule a showing!

    LEEROY RIVAS Rivas Real Estate Team Co.

    1319 E Tulsa St, 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

    $50,000

    • Land
    • 22,651 Sq Ft
    • $96,154 per Acre

    TBD E Midwest St, Hobbs, NM 88240

    Looking for land? .52 of an acre available now! Call Today for Details.

    LEEROY RIVAS Rivas Real Estate Team Co.

    TBD E Midwest St, Hobbs, NM 88240
  • 408 E Byers St, Hobbs, NM 88240
    408 E Byers St, Hobbs, NM 88240
    /2

    $49,000

    • Land
    • 3,467 Sq Ft
    • $615,578 per Acre

    408 E Byers St, Hobbs, NM 88240

    Lot for sale. Utilities nearby will need to contact the city.

    Martha Thomas Casa Oasis Realty

    408 E Byers St, Hobbs, NM 88240
  • TBD W Park St, Hobbs, NM 88240
    TBD W Park St, Hobbs, NM 88240
    /2

    $55,000

    • Land
    • 4,168 Sq Ft
    • $574,713 per Acre

    TBD W Park St, Hobbs, NM 88240

    Great Lot New to the Market! Located near schools, restaurants, and shopping. Versatile for any need! Call Today for Details!!

    Giovanni Ornelas Rivas Real Estate Team Co.

    TBD W Park St, Hobbs, NM 88240
  • TBD Humble City, Hobbs, NM 88240
    TBD Humble City, Hobbs, NM 88240
    /2

    $20,000

    • Land
    • 12,632 Sq Ft
    • $68,966 per Acre

    TBD Humble City, Hobbs, NM 88240

    LADONNA SANCHEZ UNITED REALTY, LLC - HOBBS

    TBD Humble City, Hobbs, NM 88240
  • 512 S Mckinley St, Hobbs, NM 88240
    512 S Mckinley St, Hobbs, NM 88240
    /2

    $65,000

    • Land
    • 6,834 Sq Ft
    • $414,277 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
  • 5023 W Longtail Rd, Hobbs, NM 88240
    5023 W Longtail Rd, Hobbs, NM 88240
    /2

    $57,000

    • Land
    • 6,098 Sq Ft
    • $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
  • TBD W Marland Blvd, Hobbs, NM 88240
    TBD W Marland Blvd, Hobbs, NM 88240
    /2

    $30,000

    • Land
    • 4,356 Sq Ft
    • $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
  • 5115 W Longtail Rd, Hobbs, NM 88240
    5115 W Longtail Rd, Hobbs, NM 88240
    /2

    $59,000

    • Land
    • 8,001 Sq Ft
    • $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
  • 213 E Gypsy St, Hobbs, NM 88240
    213 E Gypsy St, Hobbs, NM 88240
    /2

    $27,000

    • Land
    • 3,693 Sq Ft
    • $318,396 per Acre

    213 E Gypsy St, Hobbs, NM 88240

    Great opportunity to own a 26' x 142' lot with some utilities already available. This property offers a convenient setup for future development, whether you’re looking to build a home or an investment property.

    Aldo Argott UNITED REALTY, LLC - HOBBS

    213 E Gypsy St, Hobbs, NM 88240
  • TBD W Marland Blvd, Hobbs, NM 88240
    TBD W Marland Blvd, Hobbs, NM 88240
    /2

    $70,000

    • Land
    • 9,583 Sq Ft
    • $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
  • TBD W Gypsy St, Hobbs, NM 88240
    TBD W Gypsy St, Hobbs, NM 88240
    /2

    $40,000

    • Land
    • 4,900 Sq Ft
    • $355,556 per Acre

    TBD W Gypsy St, Hobbs, NM 88240

    Vacant lot ready for a mobile home. Great opportunity for living or investment!

    Aldo Argott UNITED REALTY, LLC - HOBBS

    TBD W Gypsy St, Hobbs, NM 88240
  • 5017 W Longtail Rd, Hobbs, NM 88240
    5017 W Longtail Rd, Hobbs, NM 88240
    /2

    $58,000

    • Land
    • 7,000 Sq Ft
    • $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
  • 5030 Grey Ghost Rd, Hobbs, NM 88240
    5030 Grey Ghost Rd, Hobbs, NM 88240
    /2

    $58,000

    • Land
    • 7,000 Sq Ft
    • $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
  • 5104 Grey Ghost Rd, Hobbs, NM 88240
    5104 Grey Ghost Rd, Hobbs, NM 88240
    /2

    $58,000

    • Land
    • 7,000 Sq Ft
    • $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
  • TBD W Catalpa St, Hobbs, NM 88240
    TBD W Catalpa St, Hobbs, NM 88240
    /2

    $75,000

    • Land
    • 0 Sq Ft

    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
  • TBD E Yuciapa St, Hobbs, NM 88242
    TBD E Yuciapa St, Hobbs, NM 88242
    /2

    $65,000

    • Land
    • 40,075 Sq Ft
    • $70,652 per Acre

    TBD E Yuciapa St, Hobbs, NM 88242

    Residential acreage for sale .92 acres, this property is located north of town. Great opportunity to build your custom home or invest in land in a growing area. Mobile homes are permitted.

    ERIKA REZA UNITED REALTY, LLC - HOBBS

    TBD E Yuciapa St, Hobbs, NM 88242
  • 1100 N Denson Dr, Hobbs, NM 88240
    1100 N Denson Dr, Hobbs, NM 88240
    1100 N Denson Dr, Hobbs, NM 88240
    /3

    $80,000

    • 1,160 Sq Ft

    1100 N Denson Dr, Hobbs, NM 88240

    Property is being sold in as-is condition. Great investment opportunity with strong potential. Home requires remodeling and updates, offering the perfect chance to customize or add value. Priced accordingly—bring your vision.

    Sandra Ortega UNITED REALTY, LLC - HOBBS

    1100 N Denson Dr, Hobbs, NM 88240
  • TBD N Shady Ln, Hobbs, NM 88242
    TBD N Shady Ln, Hobbs, NM 88242
    TBD N Shady Ln, Hobbs, NM 88242
    /3

    $55,000

    • Land
    • 38,332 Sq Ft
    • $62,500 per Acre

    TBD N Shady Ln, Hobbs, NM 88242

    .88-acre tract offering the perfect opportunity to enjoy quiet country living while making it your own. Conveniently located between Lovington and Hobbs, providing easy access to both towns while still enjoying the space and privacy of rural living. Plenty of potential to build your dream home or create your ideal homesite.

    Maria Barrera Casa Oasis Realty

    TBD N Shady Ln, 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 78 days on the market compared to the national average of 57 days. The median sale price for homes in Hobbs, NM over the last 12 months is $313,250, down 1% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$313,250
Median Single Family Sale Price
$312,500
Average Price Per Sq Ft
$174
Number of Homes for Sale
7
Last 12 months Home Sales
80
Months of Supply
1.10
Median List Price
$335,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%
How to Buy a Home How to Finance a Home How to Sell a Home

In Hobbs, there are currently 27 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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