48

Hobbs, NM Homes for Sale under $500,000

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  • /9

    $245,000

    $5K PRICE DROP
    • 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
  • /35

    $420,000

    • 4 Beds
    • 2.5 Baths
    • 2,521 Sq Ft

    2102 E Parkwood Ave, Oil Center, NM 88240

    Beautiful two-story home in the Tanglewood subdivision! This spacious home features a well-designed split floor plan with 4 bedrooms, 2 full bathrooms, and a convenient half bath downstairs. Enjoy an open-concept living area , along with a second living space and an upstairs loft. The kitchen features a large island and pantry. Enjoy the covered patio overlooking a spacious backyard. This home

    LADONNA SANCHEZ UNITED REALTY, LLC - HOBBS

    2102 E Parkwood Ave, Oil Center, NM 88240
  • /5

    $420,000

    • Land
    • 45.05 Acres
    • $9,323 per Acre

    TBD E Starlight Rd, Hobbs, NM 88240

    45 Acres of Land for Sale, Owner finance available with flexible terms

    LEEROY RIVAS Rivas Real Estate Team Co.

    TBD E Starlight Rd, Hobbs, NM 88240
  • /3

    $320,000

    $70K PRICE DROP
    • 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
  • /2

    $210,000

    • Land
    • 18.88 Acres
    • $11,123 per Acre

    516 E Pinson Rd, Hobbs, NM 88242

    18.88 +- acres of VACANT LAND. Perfect spot for you to build your dream home with acreage or a commercial building. Take a look, it might be the right place for you.

    Jason Stine Edge Realty Group

    516 E Pinson Rd, Hobbs, NM 88242
  • /2

    $225,000

    $30K PRICE DROP
    • Land
    • 1.57 Acres
    • $143,102 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
  • /21

    $389,500

    $10K PRICE DROP
    • 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
  • /4

    $298,000

    $2K PRICE DROP
    • Land
    • 4.14 Acres
    • $71,981 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
  • /31

    $358,000

    $12K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 2,227 Sq Ft

    5212 W Big Red Rd, Hobbs, NM 88240

    Beautifully well-maintained 3-bedroom, 2-bath home featuring a versatile bonus room that can be used as an office or a fourth bedroom. .The open kitchen offers a large granite island, living and dining area. Throughout the home, you’ll find custom window shutters and numerous upgrades that add both style and comfort. Step outside to enjoy the covered patio and pergola, creating the perfect

    LADONNA SANCHEZ UNITED REALTY, LLC - HOBBS

    5212 W Big Red Rd, Hobbs, NM 88240
  • /10

    $220,000

    • 2 Beds
    • 1 Bath
    • 1,208 Sq Ft

    1327 S Perry Dr, Hobbs, NM 88240

    Investor special with multiple income streams and strong upside potential! This property sits on a large lot and includes a primary single-family residence plus a mobil home, making it ideal for rental income, multi-tenant use, or a live-in investment strategy. The main home is in rentable condition with updated flooring, neutral paint, and functional layout—minimizing upfront rehab costs.

    DENICE Chavez Casa Oasis Realty

    1327 S Perry Dr, Hobbs, NM 88240
  • /27

    $399,900

    • 3 Beds
    • 2.5 Baths
    • 3,459 Sq Ft

    700 E Baja Dr, Hobbs, NM 88240

    This well-appointed home offers an impressive combination of living space, storage, and functionality that is rarely found at this price point. Inside, you'll find a formal dining room, a cozy breakfast nook, a dedicated family room, and a bright sunroom — giving every member of the household a space to call their own. All three bedrooms are generously sized, with the master suite offering the

    Rodney Davis UNITED REALTY, LLC - HOBBS

    700 E Baja Dr, Hobbs, NM 88240
  • /11

    $225,000

    $20K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,770 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
  • /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
  • /2

    $210,000

    • 3 Beds
    • 2 Baths
    • 2,353 Sq Ft

    1801 S Turner St, Hobbs, NM 88240

    Check out this spacious home featuring 3bedrooms and 2 baths. Schedule a showing today!

    LEEROY RIVAS Rivas Real Estate Team Co.

    1801 S Turner St, Hobbs, NM 88240
  • /31

    $425,000

    $5K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 2,039 Sq Ft

    2907 N Del Sol Cir, Hobbs, NM 88240

    Come fall in love with this 4 bedroom 2 bath beautiful home. Featuring a spacious layout, this property offers comfortable living with a well designed kitchen, ample natural light and inviting living space. The backyard provides the perfect setting for entertaining or unwinding after a long day.

    Crystal Chavez UNITED REALTY, LLC - HOBBS

    2907 N Del Sol Cir, Hobbs, NM 88240
  • /2

    $425,000

    • Land
    • 7.25 Acres
    • $58,621 per Acre

    7810 N World Dr, Hobbs, NM 88242

    Cindy Shoobridge ROBINSON & ASSOCIATES REAL ESTATE

    7810 N World Dr, Hobbs, NM 88242
  • /15

    $320,000

    • 4 Beds
    • 2 Baths
    • 1,806 Sq Ft

    5307 W Big Red Rd, Hobbs, NM 88240

    Welcome to this beautifully maintained 4-bedroom, 2-bathroom home located in the highly desirable Zia Crossing subdivision. Offering approximately 1,806 square feet of thoughtfully designed living space, this home features an open-concept floor plan that seamlessly connects the living, dining, and kitchen areas perfect for both everyday living and entertaining.

    DENICE Chavez Casa Oasis Realty

    5307 W Big Red Rd, Hobbs, NM 88240
  • /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
  • /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
  • /52

    $410,000

    • 3 Beds
    • 2 Baths
    • 3,942 Sq Ft

    900 N Pecan Dr, Hobbs, NM 88240

    This 3 bed / 2 bath home offers just under 4,000 square feet and sits on a beautifully landscaped .41 acre lot right in town. From the moment you pull up, the curb appeal stands out with mature trees, lush grass, and vibrant flowering plants. Inside, you’ll love the character; beautiful architecture, exposed beams, and open living spaces filled with natural light from all the windows. The layout

    Sarah Mackay Real Broker LLC

    900 N Pecan Dr, Hobbs, NM 88240
  • /30

    $299,000

    825 E Santa fe St, Hobbs, NM 88242

    Unique investment opportunity on 1.77 acres featuring two residences — one charming site-built home and one manufactured home — offering excellent potential for rental income, multi-generational living, or owner occupancy with additional flexibility. The site-built home features 2 bedrooms, 1 bathroom, approximately 1,260 sqft, and a fenced yard area. The manufactured home offers 3 bedrooms and 2

    Kali Taylor CORE REALTY GROUP

    825 E Santa fe St, Hobbs, NM 88242
  • /2

    $200,000

    $40K PRICE INCREASE
    • 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
  • /16

    $250,000

    • 3 Beds
    • 2 Baths
    • 3,083 Sq Ft

    2723 N Northacres Dr, Hobbs, NM 88240

    Looking for Space? This is the one!! This property has multiple family rooms including 3bedrooms and 2 bathrooms. A unique property ready for new owners! Call today to schedule a showing!

    LEEROY RIVAS Rivas Real Estate Team Co.

    2723 N Northacres Dr, Hobbs, NM 88240
  • /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
  • /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
  • /24

    $415,000

    • 4 Beds
    • 2 Baths
    • 2,603 Sq Ft

    419 E Zia Dr, Hobbs, NM 88240

    Beautifully updated 4-bedroom, 2-bathroom home offering 2,603 square feet in the desirable Broadmoor Subdivision. This spacious home features an open floor plan, large bedrooms, an updated kitchen, remodeled primary bathroom, and new flooring throughout much of the home. Enjoy exceptional outdoor living with a beautiful front porch, mature landscaping, an in-ground pool, pool house, raised garden

    Ashley Pratt PRIME REALTY

    419 E Zia Dr, Hobbs, NM 88240
  • /11

    $285,000

    • 3 Beds
    • 1.5 Baths
    • 1,795 Sq Ft

    213 E Berry Dr, Hobbs, NM 88240

    Spacious Home in an Established Neighborhood. This unique home sits on an oversized lot with garage/shop access in town!! Close proximity to shopping, restaurants, and schools this property is perfect for someone needing space and convenience. Call Today to Schedule a Showing!

    LEEROY RIVAS Rivas Real Estate Team Co.

    213 E Berry Dr, Hobbs, NM 88240
  • /3

    $435,600

    • Land
    • 1 Acre
    • $435,600 per Acre

    000 Lot 21, Hobbs, NM 88240

    Suerte Land Group now offers a variety of different land options to accommodate your next development. Situated in a vastly growing area in the heart of Lea County, this land is surrounded by large facilities including the CORE Center of Recreational Excellence, the new Covenant Hospital, Zia Park Racetrack and Casino, Lea County Event Center, NMJC, and much more. Lot 21 is located on Suerte

    Kali Taylor CORE REALTY GROUP

    000 Lot 21, Hobbs, NM 88240
  • /38

    $284,000

    • 5 Beds
    • 3 Baths
    • 2,339 Sq Ft

    5112 Rebecca Rd, Hobbs, NM 88242

    ??? NEW LISTING ALERT! ??? Looking for SPACE, COMFORT, and LAND? This incredible manufactured home sits on 1.17 acres and has everything you need! ???? ??? 5 Bedrooms ??? 2 Living Areas ?? 3 Restrooms ?? Large Shop ?? Carport ?? Storage Shed ?? 1.7 Acres of Land ?? 5112 Rebecca Rd All appliances are included even the washer and dryer. Enjoy the freedom of country-style living with plenty of room

    Alexis Carrasco Motion Realty, LLC

    5112 Rebecca Rd, Hobbs, NM 88242
  • /19

    $419,000

    $16K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 2,601 Sq Ft

    1728 E Tanglewood Ave, Hobbs, NM 88240

    This beautiful newer home offering 4 spacious bedrooms and 2.5 bathrooms, thoughtfully designed with a functional and inviting layout. The open floor plan provides comfortable living and entertaining spaces, while the upstairs loft adds flexibility and perfect for a second living area, home office, or playroom. Step outside to enjoy the backyard, complete with a playground that’s ready for fun

    Jorden Palacios Elite Real Estate

    1728 E Tanglewood Ave, Hobbs, NM 88240
  • /4

    $205,000

    • Land
    • 4.84 Acres
    • $42,355 per Acre

    10409 N Meadowlark St, Hobbs, NM 88242

    Looking for a space to build your dream home or place a mobile home? This beautiful 4.84 acre property offers the perfect opportunity! Electricity and septic system are all on site and less than 5 years old, water well on site as well. Owner financing available, call listing agent for details.

    Raquel Brusuelas Br Realty LLC

    10409 N Meadowlark St, Hobbs, NM 88242
  • /3

    $500,000

    $100K PRICE DROP
    • Land
    • 20 Acres
    • $25,000 per Acre

    TBD W Cope Place, Hobbs, NM 88242

    Prime Development Opportunity | 20± Acres with High Capacity Irrigation Well and Water Rights Approximately 20 acres to be sold off a larger farm offering a rare combination of water access and development potential. Property includes a high capacity irrigation well approximately 200 feet deep with water encountered around 130 feet and a reported production of approximately 700 GPM plus 21.595

    Matthew Smith Found Real Estate

    TBD W Cope Place, Hobbs, NM 88242
  • /20

    $490,000

    $8K PRICE DROP
    • 4 Beds
    • 3.5 Baths
    • 2,294 Sq Ft

    2121 E Cliffwood Cir, Hobbs, NM 88240

    The Perfect Home in the Tanglewood Sub-Division! Built in 2021, this property blends modern comfort with timeless curb appeal. This 4-bedroom, 3.5-bathroom home combines a functional 2,294-square-foot layout. The oversized backyard and covered patio offer plenty of room for entertaining or play, all while being just minutes from shopping, restaurants, and schools. CALL TODAY!!

    LEEROY RIVAS Rivas Real Estate Team Co.

    2121 E Cliffwood Cir, Hobbs, NM 88240
  • /2

    $250,000

    $35K PRICE DROP
    • Land
    • 8.5 Acres
    • $29,412 per Acre

    TBD W Millen, Hobbs, NM 88240

    GREAT DEVELOPMENT LAND.

    Dustin Reeder NORTON REALTY

    TBD W Millen, Hobbs, NM 88240
  • /4

    $300,000

    $296K PRICE INCREASE
    • 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
  • /20

    $350,000

    $30K PRICE DROP
    • 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
  • /20

    $500,000

    • 3 Beds
    • 3 Baths
    • 2,745 Sq Ft

    2100 W Lakeview Dr, Hobbs, NM 88240

    Welcome to this stunning custom-built 2,745 sq ft oasis situated on .79 of an acre. The courtyard entry way features a gorgeous custom built Renewal by Anderson front door with a transferable warranty for the next owner. With comfort and functionality in mind, this spacious 3 bedroom, 3 bathroom home offers exceptional craftsmanship, thoughtful upgrades, and a versatile floor plan. One of the

    JUSTIN SAVELL Found Real Estate

    2100 W Lakeview Dr, Hobbs, NM 88240
  • /2

    $415,000

    • 4 Beds
    • 2 Baths
    • 2,098 Sq Ft

    5103 W Longtail Rd, Hobbs, NM 88240

    NEW CONSTRUCTION GOING UP AT ZIA CROSSING! This 4 bed/ 2 bath Home is the Perfect Blend of Modern Meets Comfort All While Keeping a Spacious Floorplan with Functional Living! Want to Learn More? Call Your Agent Today!

    LEEROY RIVAS Rivas Real Estate Team Co.

    5103 W Longtail Rd, Hobbs, NM 88240
  • /2

    $450,000

    • Land
    • 1.69 Acres
    • $266,272 per Acre

    TBD E Sanger St, Hobbs, NM 88240

    1.69 ACRES OF PRIME PROPERTY LOCATED ON INTERSECTION OF SANGER AND N. MARLAND. GREAT LOCATION! Located between Hobbs Municipal Training Center and Hobbs Baseball Complex. Owner Finance Avaliable!

    Crystal Chavez UNITED REALTY, LLC - HOBBS

    TBD E Sanger St, Hobbs, NM 88240
  • /4

    $290,000

    $5K PRICE DROP
    • 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

Showing Results 1 - 40, Page 1 of 2

Home Price Trends

Median Sale Price
$337,000
Median Single Family Sale Price
$338,000
Median 2 Bedroom Sale Price
$177,000
Median 1 Bedroom Sale Price
$100,000
Average Price Per Sq Ft
$176
Number of Homes for Sale
7
Last 12 months Home Sales
86
Months of Supply
1.00
Median List Price
$350,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%
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