88240, NM homes for sale & real estate

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4640 N Lovington Hwy, Hobbs, NM 88240
ABOUT THIS HOME
88240, NM Homes for Sale
HIGH TRAFFIC AREA WITH GREAT VISIBILITY! 2.30+- acres located on the heavily traveled Lovington Highway. South of the new Covenant Hospital, along with multiple hotels, Zia Park Casino and the Core Family Wellness Center. Multiple uses: retail, offices, medical, restaurants.

$975,000

— beds— baths— sq ft

4640 N Lovington Hwy, Hobbs, NM 88240

2.3 acre lot • Car-dependent

Tbd W Bender/west County Rds, Hobbs, NM 88240
ABOUT THIS HOME
88240, NM Homes for Sale
PRIME CORNER LOCATION FOR DIFFERENT DEVELOPMENT LOCATED ON THE BUSY COMMERCIAL BYPASS.

$1,244,073

— beds— baths— sq ft

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

9.91 acre lot

TBD Lot 13 Skelly St, Lovington, NM 88260
TBD Lot 13 Skelly St, Lovington, NM 88260
ABOUT THIS HOME
88240, NM Homes for Sale
25 X 140 LOT LOCATED IN HUMBLE CITY.

$15,000

— beds— baths— sq ft

TBD Lot 13 Skelly St, Lovington, NM 88260

3,500 sq ft lot • Car-dependent

Alto W Alto Tract A St, Hobbs, NM 88240
Alto W Alto Tract A St, Hobbs, NM 88240
ABOUT THIS HOME
88240, NM Homes for Sale
LOCATED DIRECTLY NORTH OF 502 W Alto. Easement located on the West side of 502 W Alto for access. This tract of land has exceptional possibilities for commercial development or multi house new construction; access to the tract is via a 30' easement located on the west side of the property; land size is a little over 3/4 of an acre with city utilities near the site. Owner will consider "Owner Financing" with an acceptable down payment. Contact listing agent for details. THERE IS A DEDICATED EASEMENT OF RECORD ON THIS PROPERTY.

$160,000

— beds— baths— sq ft

Alto W Alto Tract A St, Hobbs, NM 88240

0.78 acre lot • Car-dependent

TBD E Navajo Dr, Hobbs, WY 82240
ABOUT THIS HOME
88240, NM Homes for Sale
PRIME CORNER LAND FOR LOTS OF DIFFERENT DEVELOPMENT ON THE BUSY BYPASS INTO HOBBS, NM.

$2,446,327

— beds— baths— sq ft

TBD E Navajo Dr, Hobbs, WY 82240

8.64 acre lot • Car-dependent

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Average home prices near 88240, NM

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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)

$291,500

+12.1% YoY | May 2025

1 year
3 year
5 year

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

Location

Data

May 2025

Growth

% YoY

88240, NM

$291,500

+12.1%

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