All Home Types
Hobbs, NM Housing Market
What is the housing market like in Hobbs today?
In November 2025, Hobbs home prices were up 31.1% compared to last year, selling for a median price of $262K. On average, homes in Hobbs sell after 6 days on the market compared to 21 days last year. There were 20 homes sold in November this year, down from 26 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$261,500
+31.1% YoY | Nov 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Nov 2025
Growth
% YoY
Hobbs, NM
$261,500
+31.1%
United States
Hobbs Migration & Relocation Trends
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Provided by First Street Foundation
Transportation in Hobbs
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