33

Hobbs, NM Homes under $200,000

Section Image
  • 411 E Wolfcamp Dr, Hobbs, NM 88240
    411 E Wolfcamp Dr, Hobbs, NM 88240
    411 E Wolfcamp Dr, Hobbs, NM 88240
    /18

    $149,900

    • 3 Beds
    • 1 Bath
    • 1,120 Sq Ft

    411 E Wolfcamp Dr, Hobbs, NM 88240

    Charming 3 Bed • 1 Bath Home – Great Hobbs Location! Welcome to 411 E Wolfcamp Dr — a classic mid-century single-family home nestled on a generous ~7,459 sq ft lot. This 1960-built residence offers 1,120 sq ft of thoughtfully arranged living space, ideal for first-time buyers, investors, or those seeking a cozy, low-maintenance property. Key Features: Spacious living area with a bright and

    Amanda Davis UNITED REALTY, LLC - HOBBS

    411 E Wolfcamp Dr, Hobbs, NM 88240
  • 1721 N Penasco Dr, Hobbs, NM 88240
    1721 N Penasco Dr, Hobbs, NM 88240
    1721 N Penasco Dr, Hobbs, NM 88240
    /24

    $189,000

    • 3 Beds
    • 2 Baths
    • 1,554 Sq Ft

    1721 N Penasco Dr, Hobbs, NM 88240

    Cute 3 bedroom home with open kitchen & dining; good sized living area. Main bath recently updated with new vanity; both showers have had newer tile surrounds done; large master bath addition with double vanities. Back porch complete with cover and curtains for those hot summer days! Security System does not stay. HOME IS SOLD "AS IS"!

    Tracy Coleman EDGE REALTY GROUP

    1721 N Penasco Dr, Hobbs, NM 88240
  • 1421 N Denson Dr, Hobbs, NM 88240
    1421 N Denson Dr, Hobbs, NM 88240
    1421 N Denson Dr, Hobbs, NM 88240
    /6

    $180,000

    • 3 Beds
    • 1 Bath
    • 1,177 Sq Ft

    1421 N Denson Dr, Hobbs, NM 88240

    This 3-bedroom, 1-bath home is ready for new owners! It offers central AC/heat, a large backyard with plenty of space to enjoy, and a back patio that's perfect for outdoor gatherings. Don’t miss out on this great opportunity—call today for more details or to schedule a showing!

    Mayte Rodriguez-Holguin ELITE REAL ESTATE

    1421 N Denson Dr, Hobbs, NM 88240
  • 1507 N Breckon Dr, Hobbs, NM 88240
    1507 N Breckon Dr, Hobbs, NM 88240
    1507 N Breckon Dr, Hobbs, NM 88240
    /14

    $174,900

    • 3 Beds
    • 2 Baths
    • 1,196 Sq Ft

    1507 N Breckon Dr, Hobbs, NM 88240

    Charming Hobbs home featuring fair condition laminate floors, a bright interior, and a good condition kitchen. Enjoy a well-maintained bathroom and a spacious 2-car attached carport. Central air and a 10-year-old roof add comfort and peace of mind. Excellent electric, plumbing, and foundation.

    Jared English Congress Realty, Inc.

    1507 N Breckon Dr, Hobbs, NM 88240
  • 1219 E Michigan Dr, Hobbs, NM 88240
    1219 E Michigan Dr, Hobbs, NM 88240
    1219 E Michigan Dr, Hobbs, NM 88240
    /8

    $185,000

    • 3 Beds
    • 1 Bath
    • 1,120 Sq Ft

    1219 E Michigan Dr, Hobbs, NM 88240

    Charming 3-bedroom, 1-bath corner-lot home full of potential! This inviting property is perfect for investors looking for their next rental or flip, or for families ready to make it their own. Enjoy the cozy layout, abundant natural light, and spacious yard-ideal for kids, pets or future expansions. Located on a nestled street with easy access to schools, parks, and shopping. Great

    JOSEPHINA MARQUEZ CORE REALTY GROUP

    1219 E Michigan Dr, Hobbs, NM 88240
  • 1816 E Snyder St, Hobbs, NM 88240
    1816 E Snyder St, Hobbs, NM 88240
    1816 E Snyder St, Hobbs, NM 88240
    /9

    $150,000

    • 3 Beds
    • 1 Bath
    • 1,008 Sq Ft

    1816 E Snyder St, Hobbs, NM 88240

    Charming 3-bedroom, 1-bathroom home, perfect for first-time buyers! Enjoy low-maintenance living with a fully paved front yard—no need to worry about watering. The one-car garage provides protection from the elements, keeping your vehicle safe year-round. This cozy home is a fantastic starter option. Don’t miss out—call your favorite realtor today to schedule a showing!

    MICHELLE MARSHALL BERKSHIRE HATHAWAY HOME SERVICES ENCHANTED LANDS - HOBBS

    1816 E Snyder St, Hobbs, NM 88240
  • 2413 N Houston St, Hobbs, NM 88240
    2413 N Houston St, Hobbs, NM 88240
    2413 N Houston St, Hobbs, NM 88240
    /17

    $180,000

    • 3 Beds
    • 1 Bath
    • 1,197 Sq Ft

    2413 N Houston St, Hobbs, NM 88240

    Find Your Dream Home in this Lovely 3 Bedroom, 1 Bathroom Residence in Hobbs, Boasting Numerous Updates Throughout. Take the First Step and Schedule a Showing Today.

    GLADYS MIRAMONTES Rivas Real Estate Team Co.

    2413 N Houston St, Hobbs, NM 88240
  • 2608 N Acres Dr, Hobbs, NM 88240
    2608 N Acres Dr, Hobbs, NM 88240
    2608 N Acres Dr, Hobbs, NM 88240
    /13

    $160,000

    • 4 Beds
    • 3 Baths
    • 2,220 Sq Ft

    2608 N Acres Dr, Hobbs, NM 88240

    Welcome to this spacious beautiful 4 bedroom 3 bath home with an extra bonus room and fireplace in the heart of town. Features a nice size back yard with a covered back patio for summer family gatherings.

    ERIKA REZA UNITED REALTY, LLC - HOBBS

    2608 N Acres Dr, Hobbs, NM 88240
  • 806 E Rancho Rd, Hobbs, NM 88242
    806 E Rancho Rd, Hobbs, NM 88242
    806 E Rancho Rd, Hobbs, NM 88242
    /23

    $160,000

    • 2,980 Sq Ft

    806 E Rancho Rd, Hobbs, NM 88242

    Check out this investment property ready to be renovated! This barndominium style home is good for home and shop. Sits on a big corner lot. Clean slate ready to go!

    Rodney Davis UNITED REALTY, LLC - HOBBS

    806 E Rancho Rd, Hobbs, NM 88242
  • 412 S Leech St, Hobbs, NM 88240
    412 S Leech St, Hobbs, NM 88240
    412 S Leech St, Hobbs, NM 88240
    /15

    $155,000

    • 5 Beds
    • 3 Baths
    • 1,780 Sq Ft

    412 S Leech St, Hobbs, NM 88240

    Mayte Rodriguez-Holguin ELITE REAL ESTATE

    412 S Leech St, Hobbs, NM 88240
  • 410 W Shipp Dr, Hobbs, NM 88240
    410 W Shipp Dr, Hobbs, NM 88240
    410 W Shipp Dr, Hobbs, NM 88240
    /25

    $134,900

    • 4 Beds
    • 2 Baths
    • 1,456 Sq Ft

    410 W Shipp Dr, Hobbs, NM 88240

    Charming 4-Bedroom, 2-Bath Home in Hobbs, NM! Don’t miss out on this spacious and inviting home, perfect for comfortable living and entertaining. Featuring 4 bedrooms and 2 full bathrooms, this property offers a generous living room, an eat-in kitchen, and a fully fenced front yard for added privacy. The exterior boasts durable metal siding and a detached 2-car garage for extra storage or

    Rodney Davis UNITED REALTY, LLC - HOBBS

    410 W Shipp Dr, Hobbs, NM 88240
  • 1701 S Houston St, Hobbs, NM 88240
    1701 S Houston St, Hobbs, NM 88240
    1701 S Houston St, Hobbs, NM 88240
    /11

    $110,000

    • 3 Beds
    • 1 Bath
    • 1,238 Sq Ft

    1701 S Houston St, Hobbs, NM 88240

    sell to be As-Is seller not willing to do repairs priced to sell As-is Newer HVAC system Newer windows

    JUSTIN SAVELL Found Real Estate

    1701 S Houston St, Hobbs, NM 88240
  • 7408 N Meadows Cir, Hobbs, NM 88242
    7408 N Meadows Cir, Hobbs, NM 88242
    7408 N Meadows Cir, Hobbs, NM 88242
    /24

    $162,500

    • 3 Beds
    • 2 Baths
    • 1,440 Sq Ft

    7408 N Meadows Cir, Hobbs, NM 88242

    Comfortable country property North of town. On quiet cul-da-sac. Remodeled with sheetrock interior walls through most of the home. Vaulted ceilings for atmosphere and head space. Big garage with extended carport. Fenced back yard for the kids or fur babies. 4 storage sheds with one equipped with electrical and window unit. Privately owned propane tank for cooking fuel. Huge lot with plenty of

    Robbie Robinson ROBINSON & ASSOCIATES REAL ESTATE

    7408 N Meadows Cir, Hobbs, NM 88242
  • 313 W Roxana St, Hobbs, NM 88240
    313 W Roxana St, Hobbs, NM 88240
    313 W Roxana St, Hobbs, NM 88240
    /21

    $180,000

    • 3 Beds
    • 2 Baths
    • 1,680 Sq Ft

    313 W Roxana St, Hobbs, NM 88240

    Check out this stunning home with 3 bedrooms and 2 bathrooms. It boasts an open-concept design and includes a convenient laundry room. The master bathroom offers double sinks and large soaking tub. Schedule your showing today!

    Crystal Chavez UNITED REALTY, LLC - HOBBS

    313 W Roxana St, Hobbs, NM 88240
  • 6004 S Bronco Dr, Hobbs, NM 88240
    6004 S Bronco Dr, Hobbs, NM 88240
    6004 S Bronco Dr, Hobbs, NM 88240
    /8

    $199,000

    • 2 Beds
    • 2 Baths
    • 1,180 Sq Ft

    6004 S Bronco Dr, Hobbs, NM 88240

    TAKE A LOOK AT THIS SUPER CUTE HOME SITTING ON AN ACRES. THIS HOME FEATURES TWO BEDROOMS AND TWO BATHROOMS WITH A FLEX ROOM/ OFFICE. CALL TO MAKE THIS HOME YOURS AND ENJOY THE RELAXING SUNSET FROM YOUR FRONT PORCH!

    DANIELLE BROWN MVMT REALESTATE

    6004 S Bronco Dr, Hobbs, NM 88240
  • 412 E Park St, Hobbs, NM 88240
    412 E Park St, Hobbs, NM 88240
    412 E Park St, Hobbs, NM 88240
    /9

    $165,000

    412 E Park St, Hobbs, NM 88240

    412 & 414 E. Park Elevate your investment portfolio with this exceptional income-producing duplex, designed for maximum rental potential. Each unit features a comfortable one-bedroom layout, complete with a bathroom, kitchen, and living room, ensuring a cozy living experience for tenants. This property not only offers immediate cash flow with limited rental properties in Hobbs this investment

    JUSTIN SAVELL Found Real Estate

    412 E Park St, Hobbs, NM 88240
  • 1604 E Dunn St, Hobbs, NM 88240
    1604 E Dunn St, Hobbs, NM 88240
    1604 E Dunn St, Hobbs, NM 88240
    /6

    $130,000

    • 2 Beds
    • 1 Bath
    • 746 Sq Ft

    1604 E Dunn St, Hobbs, NM 88240

    NEW PROPERTY ON THE MARKET IN HOBBS, NM. Take a Look at This Cute, Remodeled Home That Just Hit the Market. Featuring 2 Bedrooms, 1 Bathroom, and a Great Sized Backyard. This Home Awaits Its New Owner. Call to Schedule a Showing!

    Giselle Mendoza MVMT REALESTATE

    1604 E Dunn St, Hobbs, NM 88240
  • 2519 W Midwest St, Hobbs, NM 88240
    2519 W Midwest St, Hobbs, NM 88240
    2519 W Midwest St, Hobbs, NM 88240
    /9

    $148,000

    • 2 Beds
    • 1 Bath
    • 980 Sq Ft

    2519 W Midwest St, Hobbs, NM 88240

    Great Investment Opportunity or Starter Home! Enjoy peaceful country living on nearly 1 acre (.99) with city water & sewer utilities—This fenced-in manufactured home includes an RV hookup and offers room to grow.Home needs a little TLC and is being sold as-is. Sale contingent on seller finding & closing on new property. Note: Storage shed not included in the sale. Quiet, spacious, and full of

    JOSEPHINA MARQUEZ CORE REALTY GROUP

    2519 W Midwest St, Hobbs, NM 88240
  • TBD N Kornegay Ln, Hobbs, NM 88242
    TBD N Kornegay Ln, Hobbs, NM 88242
    /2

    $185,000

    • Land
    • 6 Acres
    • $30,833 per Acre

    TBD N Kornegay Ln, Hobbs, NM 88242

    Owner Finance Call for Details

    KIM DELONG CORE REALTY GROUP

    TBD N Kornegay Ln, Hobbs, NM 88242
  • 500 & 500 1/2 E Stanolind Rd, Hobbs, NM 88240
    500 & 500 1/2 E Stanolind Rd, Hobbs, NM 88240
    500 & 500 1/2 E Stanolind Rd, Hobbs, NM 88240
    /8

    $175,000

    • 1 Bath

    500 & 500 1/2 E Stanolind Rd, Hobbs, NM 88240

    Great investment properties with excellent rental history. Both homes are 2 bedrooms 1 bath about 800 sq ft each. Metal roofs and siding! Front house was remodeled a couple years ago. Back house was just remodeled and has upgraded electrical and panel.

    Kevin White Empire Real Estate Group, LLC

    500 & 500 1/2 E Stanolind Rd, Hobbs, NM 88240
  • 7325 S Eunice Hwy Unit ST18, Hobbs, NM 88240
    7325 S Eunice Hwy Unit ST18, Hobbs, NM 88240
    7325 S Eunice Hwy Unit ST18, Hobbs, NM 88240
    /22

    $130,000

    • 4 Beds
    • 2 Baths
    • 2,128 Sq Ft

    7325 S Eunice Hwy Unit ST18, Hobbs, NM 88240

    For Sale Mobile Home ONLY- Spacious 4-bedroom, 2-bathroom manufactured home with 2,128 sq. ft. of living space — must be moved. This well-maintained home features two living areas, a dining-in kitchen, a pantry, and a dedicated laundry room. Both bathrooms include double sinks, and the bedrooms are generously sized. The home received a new roof last year, offering added value and peace of mind.

    CASSANDRA ROSA MVMT REALESTATE

    7325 S Eunice Hwy Unit ST18, Hobbs, NM 88240
  • 4121 W Bender Blvd, Hobbs, NM 88240
    4121 W Bender Blvd, Hobbs, NM 88240
    4121 W Bender Blvd, Hobbs, NM 88240
    /10

    $120,000

    • Land
    • 0.85 Acre
    • $141,176 per Acre

    4121 W Bender Blvd, Hobbs, NM 88240

    Looking for a great space check this .85 of an acre property located right on Bender Boulevard! Property has electricity and a 15x30 Shop!! Call today to schedule your Showing!!

    NANCY ESPINOZA Rivas Real Estate Team Co.

    4121 W Bender Blvd, Hobbs, NM 88240
  • TBD Pearl St, Hobbs, NM 88242
    TBD Pearl St, Hobbs, NM 88242
    /2

    $200,000

    • Land
    • 2.16 Acres
    • $92,773 per Acre

    TBD Pearl St, Hobbs, NM 88242

    Drive by! Call for more information

    BRENDA MARSHALL BERKSHIRE HATHAWAY HOME SERVICES ENCHANTED LANDS - HOBBS

    TBD Pearl St, Hobbs, NM 88242
  • 1203 W Cambridge, Hobbs, NM 88240
    1203 W Cambridge, Hobbs, NM 88240
    /2

    $120,155

    • Land
    • 0.33 Acre
    • $364,106 per Acre

    1203 W Cambridge, Hobbs, NM 88240

    Looking to build in a well-established area? These lots are just north of Brittany in Westminster Hollow. Restrictive Covenants are included in Associated Docs.

    Tracy Coleman EDGE REALTY GROUP

    1203 W Cambridge, Hobbs, NM 88240
  • 1209 W Cambridge, Hobbs, NM 88240
    1209 W Cambridge, Hobbs, NM 88240
    /2

    $120,466

    • Land
    • 0.33 Acre
    • $365,048 per Acre

    1209 W Cambridge, Hobbs, NM 88240

    Looking to build in a well established area? These lots are just north of Brittany in Westminster Hollow. Restrictive Covenants are included in Associated Docs.

    Tracy Coleman EDGE REALTY GROUP

    1209 W Cambridge, Hobbs, NM 88240
  • Alto W Alto Tract A St, Hobbs, NM 88240
    Alto W Alto Tract A St, Hobbs, NM 88240
    /2

    $160,000

    • Land
    • 0.78 Acre
    • $205,128 per Acre

    Alto W Alto Tract A St, Hobbs, NM 88240

    LOCATED DIRECTLY NORTH OF 502 W Alto. Easement located on the West side of 502 W Alto for access. This tract of land has exceptional possibilities for commercial development or multi house new construction; access to the tract is via a 30' easement located on the west side of the property; land size is a little over 3/4 of an acre with city utilities near the site. Owner will consider "Owner

    Rusty Taylor EDGE REALTY GROUP

    Alto W Alto Tract A St, Hobbs, NM 88240
  • 1422 W Princess Jeanne Dr, Hobbs, NM 88240
    1422 W Princess Jeanne Dr, Hobbs, NM 88240
    /2

    $115,000

    • 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
  • TBD W Desert Vista, Hobbs, NM 88242
    TBD W Desert Vista, Hobbs, NM 88242
    /2

    $147,000

    • Land
    • 1.95 Acres
    • $75,462 per Acre

    TBD W Desert Vista, Hobbs, NM 88242

    Looking for land to build your dream home? Look no further! Almost 2 acres of land North of Hobbs with private dead end road.

    Haley Kinney UNITED REALTY, LLC - HOBBS

    TBD W Desert Vista, Hobbs, NM 88242
  • TBD Buena Suerta Dr, Hobbs, NM 88242
    TBD Buena Suerta Dr, Hobbs, NM 88242
    /2

    $175,000

    • Land
    • 5 Acres
    • $34,449 per Acre

    TBD Buena Suerta Dr, Hobbs, NM 88242

    Check out this 5.08 Acres located north of Hobbs close to the corner of Denver City Highway and Buena Suerte Drive. This can be used for residential and commercial. Drive by to check out this great opportunity!

    Rodney Davis UNITED REALTY, LLC - HOBBS

    TBD Buena Suerta Dr, Hobbs, NM 88242
  • TBD Buena Suerta Dr, Hobbs, NM 88242
    TBD Buena Suerta Dr, Hobbs, NM 88242
    /2

    $175,000

    • Land
    • 5 Acres
    • $34,449 per Acre

    TBD Buena Suerta Dr, Hobbs, NM 88242

    Check out this 5.08 Acres located north of Hobbs close to the corner of Denver City Highway and Buena Suerte Drive. This can be used for residential and commercial. Drive by to check out this great opportunity!

    Rodney Davis UNITED REALTY, LLC - HOBBS

    TBD Buena Suerta Dr, Hobbs, NM 88242
  • TBD Buena Suerta Dr, Hobbs, NM 88242
    TBD Buena Suerta Dr, Hobbs, NM 88242
    /2

    $175,000

    • Land
    • 5 Acres
    • $34,449 per Acre

    TBD Buena Suerta Dr, Hobbs, NM 88242

    Check out this 5.08 Acres located north of Hobbs at corner of Denver City Highway and Buena Suerte Drive. This can be used for residential and commercial.Drive by to check out this great opportunity!

    Rodney Davis UNITED REALTY, LLC - HOBBS

    TBD Buena Suerta Dr, Hobbs, NM 88242
  • 506 W Comanche Dr, Hobbs, NM 88240
    506 W Comanche Dr, Hobbs, NM 88240
    /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
  • 3808 N Roth Rd, Hobbs, NM 88240
    3808 N Roth Rd, Hobbs, NM 88240
    3808 N Roth Rd, Hobbs, NM 88240
    /12

    $115,000

    • 1 Bed
    • 1 Bath
    • 480 Sq Ft

    3808 N Roth Rd, Hobbs, NM 88240

    Cindy Shoobridge ROBINSON & ASSOCIATES REAL ESTATE

    3808 N Roth Rd, Hobbs, NM 88240
New Mexico Hobbs

Real Estate & Homes in Hobbs, NM under $200,000

Home Trends in Hobbs, NM

On average, homes in Hobbs, NM sell after 46 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
$269,000
Median Townhouse Sale Price
$104,500
Median 2 Bedroom Sale Price
$160,000
Average Price Per Sq Ft
$144
Number of Homes for Sale
41
Last 12 months Home Sales
418
Months of Supply
1.20
Median List Price
$271,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%
How to Buy a Home How to Finance a Home How to Sell a Home

In Hobbs, you'll find a diverse selection of properties with 33 homes for sale under $200,000, catering to budget-conscious buyers seeking affordable housing solutions. Whether you're a first-time homebuyer in search of a cozy starter home or an investor eyeing a promising opportunity, these affordable homes provide a gateway into the real estate market in Hobbs, NM.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2025 CoStar Group