15

Hobbs, NM Homes for Sale under $400,000

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  • 5225 W Dark Horse Rd, Hobbs, NM 88240
    5225 W Dark Horse Rd, Hobbs, NM 88240
    5225 W Dark Horse Rd, Hobbs, NM 88240
    /23

    $310,000

    • 3 Beds
    • 2 Baths
    • 1,716 Sq Ft

    5225 W Dark Horse Rd, Hobbs, NM 88240

    This popular Venice Plan at Zia Crossing is back and move-in ready! This cozy, well-maintained resale home features a stylish three-color stucco exterior, desirable split floor plan, and open-concept kitchen, dining, and living area. Enjoy a spacious covered patio and a large primary suite with oversized walk-in closet. Upgrades include tile flooring in the great room and hallways, stainless

    Agent Photo

    MIREYA WOODS

    UNITED REALTY, LLC - HOBBS

    (575) 339-6418

    5225 W Dark Horse Rd, Hobbs, NM 88240
  • TBD N Thorp St, Hobbs, NM 88240
    TBD N Thorp St, Hobbs, NM 88240
    /2

    $320,000

    • Land
    • 9.11 Acres
    • $35,126 per Acre

    TBD N Thorp St, Hobbs, NM 88240

    9 Acres of raw land with amazing potential just North of Hobbs, NM

    Clarissa Reyes UNITED REALTY, LLC - HOBBS

    TBD N Thorp St, 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
  • TBD N Lovington Hwy, Hobbs, NM 88240
    TBD N Lovington Hwy, Hobbs, NM 88240
    TBD N Lovington Hwy, Hobbs, NM 88240
    /3

    $350,000

    • Land
    • 6.85 Acres
    • $51,095 per Acre

    TBD N Lovington Hwy, Hobbs, NM 88240

    6.85 ac +/- with appx 1,100 ft of frontage along Lovington Hwy

    Erin Anderson PERMIAN REAL ESTATE

    TBD N Lovington Hwy, Hobbs, NM 88240
  • TBD W County, Hobbs, NM 88240
    TBD W County, Hobbs, NM 88240
    /2

    $337,154

    • Land
    • 4.3 Acres
    • $78,499 per Acre

    TBD W County, Hobbs, NM 88240

    PRIME LOCATION FOR ANY NEW COMMERCIAL BUILDING OR YARD! 3.87 +- ACRES NOW AVAILABLE!

    Cindy Shoobridge ROBINSON & ASSOCIATES REAL ESTATE

    TBD W County, Hobbs, NM 88240
  • 5109 W Grey Ghost Rd, Hobbs, NM 88240
    5109 W Grey Ghost Rd, Hobbs, NM 88240
    5109 W Grey Ghost Rd, Hobbs, NM 88240
    /13

    $385,000

    • 4 Beds
    • 2 Baths
    • 2,088 Sq Ft

    5109 W Grey Ghost Rd, Hobbs, NM 88240

    Stunning 4 Bedroom, 2 Bath Home! Built in 2023, this home features an open concept design that’s perfect for modern living. Master suite has dual sinks, separate walk-in shower, bathtub and a large walk-in closet. Home is also for lease! Contact us today to schedule your showing! —Buyer to assume solar panel lease with the purchase of the home.

    ANGIE QUINTELA ROBINSON & ASSOCIATES REAL ESTATE

    5109 W Grey Ghost Rd, Hobbs, NM 88240
  • TBD N Alto Dr, Hobbs, NM 88240
    TBD N Alto Dr, Hobbs, NM 88240
    /2

    $400,000

    • Land
    • 1.27 Acres
    • $314,961 per Acre

    TBD N Alto Dr, Hobbs, NM 88240

    Prime vacant land opportunity located conveniently near the Post Office and Magistrate Court, NM State Building. This strategically positioned property offers 1/27 acres, ideal for potential uses such as commercial development. Don't miss this chance to invest in a highly desirable location with endless potential.

    Jennifer Contreras Edge Realty Group

    TBD N Alto Dr, Hobbs, NM 88240
  • 6721 N World Dr, Hobbs, NM 88242
    6721 N World Dr, Hobbs, NM 88242
    6721 N World Dr, Hobbs, NM 88242
    /5

    $350,000

    • Land
    • 4.2 Acres
    • $83,333 per Acre

    6721 N World Dr, Hobbs, NM 88242

    Check out this prime commercial 4.2 Acres +/- tract of land. This triangular shaped property is located on the Hobbs-Lovington Highway with approximately 650 feet +/- frontage on World Drive. Located on the east side of Highway 18 North across from the entrance to Rock Wind Golf Complex, Harry McAdams Park, Hobbs Industrial Air Park and other commercial properties. Price has been modified from

    Rusty Taylor Edge Realty Group

    6721 N World Dr, Hobbs, NM 88242
  • TBD Rash Texico St, Hobbs, NM 88240
    TBD Rash Texico St, Hobbs, NM 88240
    /2

    $350,000

    • Land
    • 2.77 Acres
    • $126,354 per Acre

    TBD Rash Texico St, Hobbs, NM 88240

    2.77 ACRES OF COMMERCIAL LAND AVAILABLE! Great Development Site for a commercial building/yard or RV park! Access to the acreage on Rash Street and Texaco Rd. Convenient location with high visibility from Marland Blvd (HWY 62/180).

    Cindy Shoobridge ROBINSON & ASSOCIATES REAL ESTATE

    TBD Rash Texico St, Hobbs, NM 88240
  • 1310 W Florida St, Hobbs, NM 88242
    1310 W Florida St, Hobbs, NM 88242
    1310 W Florida St, Hobbs, NM 88242
    /30

    $350,000

    • 4 Beds
    • 2.5 Baths
    • 2,753 Sq Ft

    1310 W Florida St, Hobbs, NM 88242

    Discover the potential of this spacious two-story, 4-bedroom, 3-bathroom home in the desirable Camino Del Sol subdivision. This property offers a large gravel lot with RV parking, a massive covered carport, and a full-width second-story balcony ideal for entertaining or enjoying the outdoors. Inside, the galley-style kitchen features tile flooring and light wood cabinetry, while the main living

    Jared English Congress Realty, Inc.

    1310 W Florida 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

    414 E Arco Rd is a 4.34-acre fenced commercial yard located just off Eunice Highway (NM-18) in Hobbs, New Mexico. The property features a caliche pad suitable for trucks, equipment storage, or industrial yard operations. The site offers excellent access to the Hobbs truck bypass and major oilfield corridors, making it well-suited for oilfield service companies, trucking operations, or contractor

    Matthew Smith Found Real Estate

    414 E Arco Rd, Hobbs, NM 88240
  • 3501 Monument Hwy, Hobbs, NM 88240
    3501 Monument Hwy, Hobbs, NM 88240
    3501 Monument Hwy, Hobbs, NM 88240
    /20

    $380,000

    • 2 Beds
    • 1 Bath
    • 1,200 Sq Ft

    3501 Monument Hwy, Hobbs, NM 88240

    Handsomely Remodeled Country Home on 10 Acres with a 30'x30' Custom Shop!! New handcrafted entry gate of Monument Hwy. Newly built caliche drive up to the home. Great setback for privacy. Inside featuring open floorplan with luxury vinal planking throw-out. Third bedroom was opened up to make master suite. New metal roof with eye popping trim and eave work. Rain gutters for the final touch.

    Robbie Robinson ROBINSON & ASSOCIATES REAL ESTATE

    3501 Monument Hwy, Hobbs, NM 88240
  • 820 W Copper Ave, Hobbs, NM 88240
    820 W Copper Ave, Hobbs, NM 88240
    820 W Copper Ave, Hobbs, NM 88240
    /17

    $314,900

    • 3 Beds
    • 2 Baths
    • 2,561 Sq Ft

    820 W Copper Ave, Hobbs, NM 88240

    Completely remodeled/updated home. This charming 3-bedroom, 2-bath residence offers a perfect blend of comfort and style that you’ve been searching for. Step inside to find spacious bedrooms. The formal dining room is ideal for hosting intimate dinners or festive family gatherings. This home features 4 living areas to include a game, sunroom, family room. Updates to home: Windows, roof, flooring,

    Martha Thomas Casa Oasis Realty

    820 W Copper Ave, Hobbs, NM 88240
  • 3131 N Cibola Ave, Hobbs, NM 88240
    3131 N Cibola Ave, Hobbs, NM 88240
    3131 N Cibola Ave, Hobbs, NM 88240
    /29

    $314,500

    • 3 Beds
    • 2.5 Baths
    • 3,021 Sq Ft

    3131 N Cibola Ave, Hobbs, NM 88240

    Large brick home nestled in the Stone School district. Private front patio. Inside, find an open floor plan with kitchen and breakfast nook overlooking the living room. Kitchen dressed with an abundance of cabinetry and countertops. Every bedroom measures big with the master being the largest. Master is equipped with a walk-in closet and an office off the side. The master bathroom features an

    Robbie Robinson ROBINSON & ASSOCIATES REAL ESTATE

    3131 N Cibola Ave, Hobbs, NM 88240
  • 2301 N Cielo Dr, Hobbs, NM 88240
    2301 N Cielo Dr, Hobbs, NM 88240
    2301 N Cielo Dr, Hobbs, NM 88240
    /34

    $315,000

    • 3 Beds
    • 2 Baths
    • 2,296 Sq Ft

    2301 N Cielo Dr, Hobbs, NM 88240

    Remodeled family home on corner lot. Wide driveway port for extra parking. Inside find beautifully tiled floors, remodeled kitchen and bathrooms. Stylish backsplash dress the cabinetry. Two full bathrooms. Upgraded double pane hung windows that pull inward for easy cleaning. Grand utility room with plenty of space for deep freezer and storage. Bonus rec/game room with large storage area to boot.

    Robbie Robinson ROBINSON & ASSOCIATES REAL ESTATE

    2301 N Cielo Dr, Hobbs, NM 88240
New Mexico Lea County Hobbs

Real Estate & Homes in Hobbs, NM under $400,000

Home Trends in Hobbs, NM

On average, homes in Hobbs, NM sell after 88 days on the market compared to the national average of 54 days. The median sale price for homes in Hobbs, NM over the last 12 months is $314,500, up 6% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$314,500
Median Single Family Sale Price
$325,500
Average Price Per Sq Ft
$175
Number of Homes for Sale
5
Last 12 months Home Sales
76
Months of Supply
0.80
Median List Price
$336,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
6%
How to Buy a Home How to Finance a Home How to Sell a Home

Explore the array of homes and houses for sale under $400,000 in Hobbs, where you'll find 15 options tailored for those seeking affordable real estate opportunities. Whether you're interested in spacious family homes, modern townhouses, or cozy bungalows, Hobbs offers a diverse range of choices to match your needs and financial considerations. Take advantage of these affordably-priced properties to make your move into the real estate market in Hobbs, NM.

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