88240, NM homes for sale & real estate

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ABOUT THIS HOME
88240, NM Homes for Sale
If you have been searching for a PRIME location in the city limits to build your dream business than look no further than this vacant land located on the Southeast corner of Dal Paso and Navajo. There is also a parking lot south of the property that can be leased for extra parking. This high traffic area provides the visibility and accessibility necessary to help a business be successful!!

$400,000

— beds— baths— sq ft

3306 N Dal Paso St, Hobbs, NM 88240

Accessibility • Southeast corner • Visibility

ABOUT THIS HOME
88240, NM Homes for Sale
Lease Prime spot corner of Hope & Navajo - $1,000.00 monthly. Great for food trucks and food events! Electrical & Water are on property.

$1,000

— beds— baths— sq ft

200 W Navajo Dr, Hobbs, NM 88240

Water on property • Prime spot corner • 0.49 acre lot

ABOUT THIS HOME
88240, NM Homes for Sale
COMMERCIAL OPPORTUNITY! ?? . 85 Acres of Prime Commercial Land in Hobbs, NM ??. Unlock your business potential! ?? Gutted building, ready for renovation. ?? Perfect for retail, office, or service-based businesses.

$200,000

— beds— baths— sq ft

TBD N Dal Paso St, Hobbs, NM 88240

Ready for renovation • Gutted building • 0.85 acre lot

ABOUT THIS HOME
88240, NM Homes for Sale
Great opportunity to build your dream home in a well-established Hobbs neighborhood! This vacant lot is located in a developed area with utilities on or near the property. Neighborhood restrictions help maintain quality and appeal. Convenient location close to schools, shopping, and amenities. Don’t miss your chance to secure this desirable lot and start planning your future build today!

$42,000

— beds— baths— sq ft

N Montogery St, Hobbs, NM 88240

Close to schools • Vacant lot • Convenient location

ABOUT THIS HOME
88240, NM Homes for Sale
New listing located in a high-traffic area, call for more information

$10,000

— beds— baths— sq ft

TBD Marland Blvd, Hobbs, NM 88240

2,178 sq ft lot • Listed 137 days

Property at TBD S Ryco Ln, Hobbs, NM 88240

$3,000

— beds— baths— sq ft

TBD S Ryco Ln, Hobbs, NM 88240

Property at 512 S Mckinley St, Hobbs, NM 88240

$70,000

— beds— baths— sq ft

512 S Mckinley St, Hobbs, NM 88240

Property at TBD N Marland Blvd, Hobbs, NM 88240

$255,000

— beds— baths— sq ft

TBD N Marland Blvd, Hobbs, NM 88240

Property at TBD W Byers St, Hobbs, NM 88240

$42,000

— beds— baths— sq ft

TBD W Byers St, Hobbs, NM 88240

Property at 1411 E Dunnam St, Hobbs, NM 88240

$80,000

— beds— baths— sq ft

1411 E Dunnam St, Hobbs, NM 88240

Property at TBD E Starlight Rd, Hobbs, NM 88240

$420,000

— beds— baths— sq ft

TBD E Starlight Rd, Hobbs, NM 88240

Property at TBD N Alto Dr, Hobbs, NM 88240

$400,000

— beds— baths— sq ft

TBD N Alto Dr, Hobbs, NM 88240

Property at tbd E Navajo Dr, Hobbs, NM 88240

$3,067,500

— beds— baths— sq ft

tbd E Navajo Dr, Hobbs, NM 88240

Property at 4100 N Lovington Hwy, Hobbs, NM 88240

$3,219,935

— beds— baths— sq ft

4100 N Lovington Hwy, Hobbs, NM 88240

$60,000

— beds— baths— sq ft

TBD Sunset, Hobbs, NM 88240

Property at TBD Tract 3 Millen (south Side), Hobbs, NM 88240

$3,669,494

— beds— baths— sq ft

TBD Tract 3 Millen (south Side), Hobbs, NM 88240

Property at TBD N Thorp St, Hobbs, NM 88240

$340,000

— beds— baths— sq ft

TBD N Thorp St, Hobbs, NM 88240

Property at 1500 N Marland St, Hobbs, NM 88240

$2,179,500

— beds— baths— sq ft

1500 N Marland St, Hobbs, NM 88240

Property at TBD E Midwest St, Hobbs, NM 88240

$60,000

— beds— baths— sq ft

TBD E Midwest St, Hobbs, NM 88240

Property at 4901 Seminole Hwy, Hobbs, NM 88240

$300,000

— beds— baths— sq ft

4901 Seminole Hwy, Hobbs, NM 88240

$4,181,760

— beds— baths— sq ft

000 Lot 8, Hobbs, NM 88240

Property at TBD Tract Two Millen (south Side), Hobbs, NM 88240

$2,409,302

— beds— baths— sq ft

TBD Tract Two Millen (south Side), Hobbs, NM 88240

Property at TBD Tract One Millen (south Side), Hobbs, NM 88240

$1,850,150

— beds— baths— sq ft

TBD Tract One Millen (south Side), Hobbs, NM 88240

$784,080

— beds— baths— sq ft

000 Lot 23, Hobbs, NM 88240

$2,334,816

— beds— baths— sq ft

000 Lot 19, Hobbs, NM 88240

$653,400

— beds— baths— sq ft

000 Lot 3, Hobbs, NM 88240

$609,840

— beds— baths— sq ft

000 Lot 16, Hobbs, NM 88240

$566,280

— beds— baths— sq ft

000 Lot 18, Hobbs, NM 88240

Property at 515 E Clinton St, Hobbs, NM 88240

$65,000

— beds— baths— sq ft

515 E Clinton St, Hobbs, NM 88240

Property at TBD Lot 6 Eunice Nm, Eunice, NM 88231

$35,000

— beds— baths— sq ft

TBD Lot 6 Eunice Nm, Eunice, NM 88231

Property at 4640 N Lovington Hwy, Hobbs, NM 88240

$975,000

— beds— baths— sq ft

4640 N Lovington Hwy, Hobbs, NM 88240

Property at TBD E Navajo Dr, Hobbs, WY 82240

$2,446,327

— beds— baths— sq ft

TBD E Navajo Dr, Hobbs, WY 82240

$2,195,424

— beds— baths— sq ft

000 Lot 17, Hobbs, NM 88240

$2,509,056

— beds— baths— sq ft

000 Lot 11, Hobbs, NM 88240

$435,600

— beds— baths— sq ft

000 Lot 21, Hobbs, NM 88240

$2,021,184

— beds— baths— sq ft

000 Lot 20, Hobbs, NM 88240

$566,280

— beds— baths— sq ft

000 Lot 15, Hobbs, NM 88240

$871,200

— beds— baths— sq ft

000 Lot 13, Hobbs, NM 88240

$653,400

— beds— baths— sq ft

000 Lot 4, Hobbs, NM 88240

$1,829,520

— beds— baths— sq ft

000 Lot 2, Hobbs, NM 88240

Property at Tbd W Bender/west County Rds, Hobbs, NM 88240

$1,244,073

— beds— baths— sq ft

Tbd W Bender/west County Rds, Hobbs, NM 88240

Viewing page 2 of 3

Average home prices near 88240, NM

Cities

Zip Codes

88240, NM real estate trends

All Home Types trends in 88240, NM

Median Sale Price
# of Homes Sold
Median Days on Market

All Home Types

Median Sale Price (All Home Types)

$295,450

+23.1% YoY | Oct 2025

1 year
3 year
5 year

Based on Redfin calculations of home data from MLS and/or public records.

Location

Data

Oct 2025

Growth

% YoY

88240, NM

$295,450

+23.1%

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