Explore Similar Condos Within 25 Miles of North Hobbs, NM
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Why Live in North Hobbs
North Hobbs, NM, is a growing community located near the New Mexico-Texas state border, part of the larger Hobbs area in Lea County. Known for its residential and commercial development, North Hobbs features a mix of midcentury ranch homes and modern New Traditional structures. The area is characterized by wide, quiet roads and views of the New Mexico desert, with homes often outlined by gravel driveways and native shrubbery. Local attractions include the University of the Southwest, the Western Heritage Museum, and Lea County Cowboy Hall of Fame. Green Meadow Park, located on the west side, offers fishing in its large pond, playgrounds, and picnic areas. Nearby, Rockwind Community Links provides golfing opportunities with its championship 18-hole course and 9-hole par-3 course. The Center of Recreation facility is notable for its pool, gym, and all-ages activities. North Hobbs falls under Hobbs Municipal Schools, with Houston Middle School being highly rated. Retail plazas on the south side host big-box stores and fast-casual food chains, while Dal Paso Street leads to downtown Hobbs, where specialty shops and locally owned restaurants can be found. Community events are frequent, often held at the Lea County Event Center and the Western Heritage Museum. The area is bordered by state Road 18 and U.S. Route 62, making commuting convenient, though public transportation is limited. Covenant Health Hobbs Hospital is located on the west side, providing nearby healthcare options.
Home Trends in North Hobbs, NM
On average, homes in North Hobbs, NM sell after 42 days on the market compared to the national average of 51 days. The median sale price for homes in North Hobbs, NM over the last 12 months is $323,500, up 11% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$323,500
Median Single Family Sale Price
$350,000
Median 2 Bedroom Sale Price
$160,000
Average Price Per Sq Ft
$168
Number of Homes for Sale
3
Last 12 months Home Sales
33
Months of Supply
1.10
Median List Price
$342,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
11%