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North Hobbs

North Hobbs

$305,256 Average Value
$170 Average Price per Sq Ft
4 Homes For Sale

The growing community of North Hobbs

North Hobbs is a growing community next to the New Mexico-Texas state border, part of the larger Hobbs area in Lea County. Originally settled for its rich oil supplies, North Hobbs is now a site of residential and commercial development. "Our employment is strong, between manufacturing and hospitals, so our market has stayed steady," says Cassandra Rosa, a Hobbs local and Realtor with MVMT Real Estate. "North Hobbs is where all the growth is going. Not just homes, but new retail plazas, community centers, things like that." Some of the area's most well-known sites are located here, from the University of the Southwest to the Western Heritage Museum and Lea County Cowboy Hall of Fame. North Hobbs displays much of this area's personality.

Midcentury homes, new construction and custom properties

Wide, quiet roads and vistas of the New Mexico desert make up the daily view for North Hobbs residents. Homes are outlined by gravel driveways and native shrubbery, and the architecture is a mix of midcentury ranch styles and modern New Traditional structures. "North Hobbs is a hot spot for new buyers; most of our new construction is going up there just because there's so much land," Rosa says. "We're reaching the end of our planned supply, so homes are flying off the market. It's easy to find something that's move-in ready for just a little above our median price." The median sales price for single-family homes in North Hobbs is about $300,000. Price is largely dictated by how new a home is, if it's had extensive renovations and the number of acres.

Fishing, golfing and indoor swimming in North Hobbs

Most of the area's green spaces are clustered on the west side, with anglers heading to Green Meadow Park for its large pond, stocked with catfish and trout. It also has an expansive playground and several covered picnic areas to shelter from the hot New Mexico sun. Just a few miles from Green Meadow Park, the Rockwind Community Links welcomes golfers of all skill levels to its championship 18-hole course, 9-hole par-3 course and short game area. The facility is operated by the city of Hobbs and is open to the public; a network of walking paths and fields surrounds the links. "The Center of Recreation facility is really important for new residents to know about. Not just for fitness, because it does have an amazing pool and gym, but they're always holding all-ages activities," Rosa says. "It's a great way to get to know people."

Nearby schools and dual enrollment with CTECH

North Hobbs falls under Hobbs Municipal Schools, and New Mexico offers school choice. Most kids living in North Hobbs will attend College Lane Elementary School, which receives a B on Niche. They can move on to Houston Middle School, which gets a B-plus, before progressing to C-plus-rated Hobbs High School. High schoolers can enter dual enrollment at the Career and Technical Education Center of Hobbs, exploring career paths such as culinary arts, architecture and more through experiential learning.

Specialty shops and restaurants downtown, large chains on the south side

Several plazas lining the community's south side are filled with retailers, fast-casual food chains and big-box stores such as Walmart Supercenter and The Home Depot. Dal Paso Street, a main road that runs through the center of the area, travels 5 miles directly to the heart of downtown Hobbs. While small, central downtown is where residents can find specialty shops and locally owned restaurants, from the organized displays at IL Cicerone High Fashion Apparel to the classic American comfort food at Casey's Restaurant.

Community-driven events and gatherings in North Hobbs

In North Hobbs and the Hobbs area as a whole, the community powers all events and gatherings. "I think it's special how much community outreach and volunteer-based organized events we have. There's always something going on," Rosa says. "A lot of people in the community will use the Lea County Event Center up in North Hobbs for things like craft markets and charity auctions." The Western Heritage Museum and Lea County Cowboy Hall of Fame has rotating exhibits year-round and hosts different events, from a weekly film screening to guest lectures.

Quick commuting and nearby healthcare

The area is bordered by state Road 18 and U.S. Route 62, primary roads that run north-south and east-west, respectively. North Hobbs has limited access to public transportation, with buses only stopping at select areas such as the University of the Southwest, so many residents are car-dependent. On the community's west side is Covenant Health Hobbs Hospital.

Kaitie Lamb
Written By
Kaitie Lamb

Interested in learning more about homes in this area? Reach out to Monica Gutierrez, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

North Hobbs Housing Trends

Housing Trends

Median List Price
$345,000
Median Sale Price
$323,500
Median Single Family Sale Price
$332,131
Median 2 Bedroom Sale Price
$160,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
31
Median Home Sale Price YoY Change
8%
Average Price Per Sq Ft
$170

Neighborhood Facts

Number of Homes for Sale
4
Months of Supply
1.50

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

North Hobbs Has More Owners

Demographics

Total Population
6,334
Median Age
36
Population under 18
28.6%
On par with the national average
23.8%
Population over 65
16.1%
On par with the national average
19.1%

Finances

Median Household Income
$57,402
Below the national average
$71,702
Average Household Income
$76,174

Education and Workforce

High School Graduates
83.3%
Below the national average
89.1%
College Graduates
17.5%
Below the national average
34.1%
Advanced Degrees
8.6%
% Population in Labor Force
64.5%

Weather

Annual Precipitation
14''
Average Winter Low Temperature
30°F
Average Summer High Temperature
94°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®®

25 / 100

Car-Dependent

Walk Score®®

1 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
North Hobbs
Monica Gutierrez
Casa Oasis Realty
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