19

Hobbs, NM Homes for Sale under $300,000

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  • 114 W Park St, Hobbs, NM 88240
    114 W Park St, Hobbs, NM 88240
    114 W Park St, Hobbs, NM 88240
    /6

    $280,000

    • 4 Beds
    • 3 Baths
    • 2,400 Sq Ft

    114 W Park St, Hobbs, NM 88240

    Agent Photo

    Mayte Rodriguez-Holguin

    Elite Real Estate

    (575) 256-3383

    114 W Park St, Hobbs, NM 88240
  • 704 E Yeso Dr, Hobbs, NM 88240
    704 E Yeso Dr, Hobbs, NM 88240
    /2

    $250,000

    • 3 Beds
    • 2 Baths
    • 1,704 Sq Ft

    704 E Yeso Dr, Hobbs, NM 88240

    This 3 bedroom, 2 bathroom brick home offers a comfortable layout with a spacious living area, kitchen and dining space. The double garage provides added storage and parking. The large backyard offers endless possibilities for outdoor living, gardening, or future additions. Located in an established area and ready for its next owner.

    Agent Photo

    Mayte Rodriguez-Holguin

    Elite Real Estate

    (575) 517-4650

    704 E Yeso Dr, Hobbs, NM 88240
  • 2904 E Church Dr, Hobbs, NM 88240
    2904 E Church Dr, Hobbs, NM 88240
    2904 E Church Dr, Hobbs, NM 88240
    /9

    $245,000

    • 3 Beds
    • 2 Baths
    • 1,301 Sq Ft

    2904 E Church Dr, Hobbs, NM 88240

    Discover the peace and freedom of country living in this charming 3-bedroom, 2-bath home set on acreage just south of town. 2.81 Acres On permanent foundation

    Sandra Ortega UNITED REALTY, LLC - HOBBS

    2904 E Church Dr, Hobbs, NM 88240
  • TBD N Marland Blvd, Hobbs, NM 88240
    TBD N Marland Blvd, Hobbs, NM 88240
    /2

    $255,000

    • Land
    • 1.57 Acres
    • $162,183 per Acre

    TBD N Marland Blvd, Hobbs, NM 88240

    1.33 ACRES OF PRIME PROPERTY LOCATED ON N. MARLAND. GREAT LOCATION FOR RETAIL, COMMERCIAL AND MANY OTHER USES! Located between an RV Park and Family Dollar.

    Cindy Shoobridge ROBINSON & ASSOCIATES REAL ESTATE

    TBD N Marland Blvd, Hobbs, NM 88240
  • 4901 E Seminole Hwy, Hobbs, NM 88240
    4901 E Seminole Hwy, Hobbs, NM 88240
    4901 E Seminole Hwy, Hobbs, NM 88240
    /4

    $300,000

    • Land
    • 4.14 Acres
    • $72,464 per Acre

    4901 E Seminole Hwy, Hobbs, NM 88240

    4.25 ACRES of Land in PRIME LOCATION Near the NM/TX State Line Located in a high traffic area with frontage access & great Commercial development potential.

    LEEROY RIVAS Rivas Real Estate Team Co.

    4901 E Seminole Hwy, Hobbs, NM 88240
  • 1307 E Snyder St, Hobbs, NM 88240
    1307 E Snyder St, Hobbs, NM 88240
    1307 E Snyder St, Hobbs, NM 88240
    /9

    $289,000

    • Land
    • 2.57 Acres
    • $112,451 per Acre

    1307 E Snyder St, Hobbs, NM 88240

    7-Space Mobile Home Park with city water & sewer. Investors looking to have an opportunity to own a 7-space mobile home park in the heart of the oilfield just 5 miles to the Texas state line. This property is zoned commercial or residential giving you an opportunity for expansion. Commercial or Residential Opportunities available!! Call Prime Realty to chat about the details.

    Ashley Pratt PRIME REALTY

    1307 E Snyder St, Hobbs, NM 88240
  • 700 E Permian Dr, Hobbs, NM 88240
    700 E Permian Dr, Hobbs, NM 88240
    700 E Permian Dr, Hobbs, NM 88240
    /11

    $245,000

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

    700 E Permian Dr, Hobbs, NM 88240

    Schedule Your Tour for this Spacious Home Located in an Established Neighborhood in Hobbs, NM. This home features 3 bedrooms and 2 baths with cozy fireplace. Home also has an in-ground pool in the back of the property. This is a unique property located in close proximity to schools, shopping, and restaurants. Schedule Your Showing Today!

    LEEROY RIVAS Rivas Real Estate Team Co.

    700 E Permian Dr, Hobbs, NM 88240
  • 3505 N Northwest Dr, Hobbs, NM 88240
    3505 N Northwest Dr, Hobbs, NM 88240
    3505 N Northwest Dr, Hobbs, NM 88240
    /10

    $230,000

    • 3 Beds
    • 2 Baths
    • 1,596 Sq Ft

    3505 N Northwest Dr, Hobbs, NM 88240

    Come see this cute, comfortable townhome in a quiet North Hobbs neighborhood, conveniently located near shops, restaurants, and hotels. This spacious 3-bedroom, 2-bath home offers an inviting layout and includes solar panels for energy efficiency and savings, blending charm, comfort, and convenience.

    MICHELLE MARSHALL BERKSHIRE HATHAWAY HOME SERVICES ENCHANTED LANDS - HOBBS

    3505 N Northwest Dr, Hobbs, NM 88240
  • 605 E Street Anne Place, Hobbs, NM 88240
    605 E Street Anne Place, Hobbs, NM 88240
    605 E Street Anne Place, Hobbs, NM 88240
    /34

    $260,000

    • 4 Beds
    • 2 Baths
    • 2,165 Sq Ft

    605 E Street Anne Place, Hobbs, NM 88240

    Opportunity meets location. This versatile property sits on a large lot surrounded by commercial properties, making it a strong candidate for potential commercial use or a thoughtfully designed new starter home. The expansive backyard provides ample space to build, expand, or create lasting memories. Inside, the open floor plan features a large living room that flows seamlessly into the dining

    Lisa Gaskins Edge Realty Group

    605 E Street Anne Place, 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
  • 606 E Yucca Dr, Hobbs, NM 88240
    606 E Yucca Dr, Hobbs, NM 88240
    /2

    $200,000

    • 3 Beds
    • 1 Bath
    • 1,509 Sq Ft

    606 E Yucca Dr, Hobbs, NM 88240

    Auction starts 01/10/2026 ends 01/13/2026. Please do not disturb occupant. 3 bedroom and 1 bathroom house with a good size yard an a 2 car attached carport. 1522 sf. interior. Residential area, nice homes down the street.

    EMESE FISHER Fisher Real Estate LLC

    606 E Yucca Dr, Hobbs, NM 88240
  • 10409 N Meadowlark St, Hobbs, NM 88242
    10409 N Meadowlark St, Hobbs, NM 88242
    10409 N Meadowlark St, Hobbs, NM 88242
    /4

    $240,000

    • Land
    • 4.83 Acres
    • $49,689 per Acre

    10409 N Meadowlark St, Hobbs, NM 88242

    Discover the possibilities with this spacious 4+ acre property, complete with electricity, water well, and septic system already in place. Mobile homes are welcome, making it a versatile opportunity for building your dream home, investing, or creating your own retreat. Don’t miss this chance to own your own piece of land, call today for more details!

    Raquel Brusuelas Br Realty LLC

    10409 N Meadowlark St, Hobbs, NM 88242
  • 414 E Arco Rd, Hobbs, NM 88240
    414 E Arco Rd, Hobbs, NM 88240
    414 E Arco Rd, Hobbs, NM 88240
    /4

    $300,000

    • Land
    • 4.34 Acres
    • $69,124 per Acre

    414 E Arco Rd, Hobbs, NM 88240

    Now for sale or lease! Fenced in commercial 4.34 Acre Yard right off Eunice Hwy (18). Caliche pad for trucks and equipment and would make a great yard. Close access to truck bypass on South end of Hobbs. Call today!!!

    Matthew Smith MVMT REALESTATE

    414 E Arco Rd, Hobbs, NM 88240
  • 6011 W Illinois St, Hobbs, NM 88240
    6011 W Illinois St, Hobbs, NM 88240
    6011 W Illinois St, Hobbs, NM 88240
    /9

    $270,000

    • 3 Beds
    • 2 Baths
    • 1,737 Sq Ft

    6011 W Illinois St, Hobbs, NM 88240

    Escape to peaceful country living in this 3-bedroom, 2-bath home sitting on 3-acres. Offering the perfect blend of comfort and space, this property provides plenty of room to relax, roam, and enjoy the outdoors.

    DANIELLE Chavarria MVMT REALESTATE

    6011 W Illinois St, Hobbs, NM 88240
  • 1801 E Highland Dr, Hobbs, NM 88240
    1801 E Highland Dr, Hobbs, NM 88240
    1801 E Highland Dr, Hobbs, NM 88240
    /4

    $295,000 Pre-Foreclosure

    • 3 Beds
    • 2 Baths
    • 2,628 Sq Ft

    1801 E Highland Dr, Hobbs, NM 88240

    Great Home Located in an Established Neighborhood! Home features 3 bedrooms and 2 baths. Spacious backyard. Call Today!

    LEEROY RIVAS Rivas Real Estate Team Co.

    1801 E Highland Dr, Hobbs, NM 88240
  • 1701 E Marland St, Hobbs, NM 88240
    1701 E Marland St, Hobbs, NM 88240
    1701 E Marland St, Hobbs, NM 88240
    /4

    $235,000

    • 3 Beds
    • 1 Bath
    • 1,425 Sq Ft

    1701 E Marland St, Hobbs, NM 88240

    Great investment opportunity!!!! This 3 bedroom, 1 bath home sits on approximately 2.6 acres, offering plenty of space for potential. The property includes 3 RV hookup, making it ideal for additional income or multi-use needs. The home is being sold as is, but provides an excellent chance for investors or buyers looking to add value. Don't miss out on the possibilities this spacious property has

    Rosa Walker Elite Real Estate

    1701 E Marland St, Hobbs, NM 88240
  • 2225 W Alabama St, Hobbs, NM 88242
    2225 W Alabama St, Hobbs, NM 88242
    2225 W Alabama St, Hobbs, NM 88242
    /14

    $210,000

    • 3 Beds
    • 2 Baths
    • 1,249 Sq Ft

    2225 W Alabama St, Hobbs, NM 88242

    Country Property!! This cute 3-bedroom, 2 bath, 1 car garage with double carport sits on .73 acres north of town on a large corner lot. Mature landscaping with large pecan and pine trees. Metal Roof was installed in 2019. New metal fascia and trim, newer water well pump installed in 2022. 30'X40' insulated and powered metal shop has 6" concrete slab and 3 garage doors (north doors are 10', south

    Martha Thomas Casa Oasis Realty

    2225 W Alabama St, Hobbs, NM 88242
  • 13600 N Catchings Rd, Hobbs, NM 88242
    13600 N Catchings Rd, Hobbs, NM 88242
    13600 N Catchings Rd, Hobbs, NM 88242
    /9

    $297,500

    • 5 Beds
    • 3 Baths
    • 2,050 Sq Ft

    13600 N Catchings Rd, Hobbs, NM 88242

    New Manufactured Home, set on perm foundation with a deactivated title. 5 bedroom and 3 bath rooms, 2.5 Acres North of Hobbs on a paved county road, water well & septic

    Bobby Shaw BURKETT - SHAW REALTY / HOBBS

    13600 N Catchings Rd, Hobbs, NM 88242
  • 141270 N Knowles Rd, Hobbs, NM 88242
    141270 N Knowles Rd, Hobbs, NM 88242
    /2

    $230,000

    • Land
    • 11.02 Acres
    • $20,871 per Acre

    141270 N Knowles Rd, Hobbs, NM 88242

    BLACK RIVERA ROBINSON & ASSOCIATES REAL ESTATE

    141270 N Knowles Rd, Hobbs, NM 88242
New Mexico Lea County Hobbs

Real Estate & Homes in Hobbs, NM under $300,000

Home Trends in Hobbs, NM

On average, homes in Hobbs, NM sell after 92 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 $310,000, up 7% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$310,000
Median Single Family Sale Price
$337,000
Average Price Per Sq Ft
$169
Number of Homes for Sale
12
Last 12 months Home Sales
79
Months of Supply
1.80
Median List Price
$340,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
7%
How to Buy a Home How to Finance a Home How to Sell a Home

Browse a range of homes for sale under $300,000 in Hobbs, offering accessible options for prospective buyers. With 19 listings available, there's a variety of affordable properties to explore, from charming starter homes to spacious family residences. These homes present an excellent opportunity to enter the housing market and secure a property that fits both your preferences and your budget in Hobbs, NM.

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