17

Hobbs, NM Homes for Sale under $400,000

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  • 1822 E Tanglewood Ave, Hobbs, NM 88240
    1822 E Tanglewood Ave, Hobbs, NM 88240
    1822 E Tanglewood Ave, Hobbs, NM 88240
    /22

    $378,000

    • 4 Beds
    • 2 Baths
    • 1,964 Sq Ft

    1822 E Tanglewood Ave, Hobbs, NM 88240

    Check out this newer French Brothers home built in 2022. This home is 4 bedrooms, 2 bathrooms, and 2 car garage and open concept layout, covered back patio, large kitchen island, and tall ceilings. The isolated master bedroom has a large walk in closet, double sinks, and a separate shower and tub with privacy toilet. Make this gorgeous home yours!

    Agent Photo

    Monica Gutierrez

    Elevated Realty

    (575) 448-9504

    1822 E Tanglewood Ave, Hobbs, NM 88240
  • 7321 W Alabama St, Hobbs, NM 88240
    7321 W Alabama St, Hobbs, NM 88240
    7321 W Alabama St, Hobbs, NM 88240
    /14

    $365,000

    • 3 Beds
    • 1.5 Baths
    • 2,240 Sq Ft

    7321 W Alabama St, Hobbs, NM 88240

    Spacious country property offering room to spread out both inside and out! This home features multiple large living areas with updated wood-look flooring, neutral tones, and abundant natural light throughout. The oversized kitchen offers ample cabinet space, a functional layout, and a unique black-and-white tile floor that adds character. Generously sized bedrooms provide flexibility for family,

    Jennifer Contreras Pyeatt Contreras Real Estate Specialists

    7321 W Alabama St, Hobbs, NM 88240
  • TBD N Thorp St, Hobbs, NM 88240
    TBD N Thorp St, Hobbs, NM 88240
    TBD N Thorp St, Hobbs, NM 88240
    /3

    $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. OWNER FINANCE AVAILABLE

    Clarissa Reyes UNITED REALTY, LLC - HOBBS

    TBD N Thorp St, Hobbs, NM 88240
  • 921 Jicarilla St, Hobbs, NM 88240
    921 Jicarilla St, Hobbs, NM 88240
    921 Jicarilla St, Hobbs, NM 88240
    /21

    $399,500

    • 4 Beds
    • 3 Baths
    • 2,848 Sq Ft

    921 Jicarilla St, Hobbs, NM 88240

    Luxurious Home in Stone District!! Beautiful curb appeal. Grand entrance Fourier is very welcoming. Large square footage grants for open floor plan and large bedrooms. Handsome Saltillo Mexican tile runs all throughout with luxury vinal planking in bedrooms for comfort. Ample amount of kitchen storage in custom stained cabinets. Granite countertops are complemented with stainless appliances.

    Robbie Robinson ROBINSON & ASSOCIATES REAL ESTATE

    921 Jicarilla 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
    /12

    $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 Pyeatt Contreras Real Estate Specialists

    TBD N Alto Dr, Hobbs, NM 88240
  • 1107 Aventura Ln, Hobbs, NM 88240
    1107 Aventura Ln, Hobbs, NM 88240
    1107 Aventura Ln, Hobbs, NM 88240
    /17

    $369,900

    • 3 Beds
    • 2.5 Baths
    • 1,700 Sq Ft

    1107 Aventura Ln, Hobbs, NM 88240

    OSCAR CABALLERO DESERT REALTY

    1107 Aventura Ln, 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
  • 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

    $370,000

    • 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

    $309,900

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

    820 W Copper Ave, Hobbs, NM 88240

    Home has been updated to include countertops, designer gold faucets and new bathtub plumbing, valve and faucet, mirror, toilet, sink hardware all relaced. 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. This home features 4 living areas to include a game, sunroom, family room. Every

    Martha Thomas Casa Oasis Realty

    820 W Copper Ave, Hobbs, NM 88240
  • 5318 W Dark Horse Rd, Hobbs, NM 88240
    5318 W Dark Horse Rd, Hobbs, NM 88240
    5318 W Dark Horse Rd, Hobbs, NM 88240
    /34

    $399,900

    • 4 Beds
    • 3 Baths
    • 2,393 Sq Ft

    5318 W Dark Horse Rd, Hobbs, NM 88240

    Beautiful 4 bed 3 bath on a corner lot. This home offers an open, spacious floor plan with high ceilings and a modern highlights. Kitchen offers granite countertops, gas cooktop, dishwasher, bar, breakfast area & french door refrigerator. This home has a complete home RO Water system. Main bedroom suite is spacious with a large walk-in closet. Two bedrooms have a convenient jack & jill bathroom

    Tracy Coleman Edge Realty Group

    5318 W Dark Horse Rd, 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 78 days on the market compared to the national average of 56 days. The median sale price for homes in Hobbs, NM over the last 12 months is $314,000, up 3% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$314,000
Median Single Family Sale Price
$315,000
Average Price Per Sq Ft
$175
Number of Homes for Sale
4
Last 12 months Home Sales
81
Months of Supply
0.60
Median List Price
$340,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
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 17 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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