All Home Types
Hobbs, NM Housing Market
What is the housing market like in Hobbs today?
In July 2025, Hobbs home prices were up 2.9% compared to last year, selling for a median price of $265K. On average, homes in Hobbs sell after 8 days on the market compared to 23 days last year. There were 39 homes sold in July this year, up from 28 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$265,000
+2.9% YoY | Jul 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jul 2025
Growth
% YoY
Hobbs, NM
$265,000
+2.9%
United States
Hobbs Migration & Relocation Trends
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Provided by First Street Foundation
Transportation in Hobbs
Learn about the walkability, bikeability, and transit-friendliness of Hobbs
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