88240, NM homes for sale & real estate

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ABOUT THIS HOME
88240, NM Homes for Sale
4.25 ACRES of Land in PRIME LOCATION Near the NM/TX State Line Located in a high traffic area with frontage access & great Commercial development potential.

$298,000

Land4.14 acres (lot)

4901 Seminole Hwy, Hobbs, NM 88240

Frontage property • Prime location

ABOUT THIS HOME
88240, NM Homes for Sale
Prime opportunity for future development! This versatile lot offers excellent potential for investment, or other development plans. A blank canvas ready for your vision and future growth.

$566,280

Land1.30 acres (lot)

0 Lot 15, Hobbs, NM 88240

Listed 1011 days

ABOUT THIS HOME
88240, NM Homes for Sale
4.34± acre industrial/commercial site in Hobbs, New Mexico, offering exceptional flexibility for an owner-user, tenant, or company seeking a custom facility in the Permian Basin. The property is available for sale, lease, or build-to-suit, allowing prospective users to structure an occupancy solution that fits their specific operational needs. The site is fully fenced and gated with a caliche yard suitable for equipment, trucks, materials, and industrial operations. Located near NM-18 / Eunice Highway, the property provides convenient access for oilfield service companies, trucking operations, contractors, equipment storage, service businesses, and other industrial users. Ownership i

$300,000

Land4.34 acres (lot)

414 E Arco Rd, Hobbs, NM 88240

Listed 584 days

ABOUT THIS HOME
88240, NM Homes for Sale
Call Jennifer Contreras at 575-390-1622 for more details.

$8,364,000

Land24.00 acres (lot)

Lovington, Hobbs, NM 88240

Highway frontage • Listed 584 days

ABOUT THIS HOME
88240, NM Homes for Sale
PRIME CORNER LOCATION FOR DIFFERENT DEVELOPMENT LOCATED ON THE BUSY COMMERCIAL BYPASS. CALL/TEXT CINDY SHOOBRIDGE REALTOR 575-390-1361.

$1,244,073

Land9.91 acres (lot)

W Bender/west County Rd, Hobbs, NM 88240

Listed 1402 days

$4,181,760

Land12.00 acres (lot)

0 Lot 8, Hobbs, NM 88240

$566,280

Land1.30 acres (lot)

Lot 18, Hobbs, NM 88240

$653,400

Land1.50 acres (lot)

0 Lot 3, Hobbs, NM 88240

Property at 4640 N Lovington Highway Hwy, Hobbs, NM 88240

$800,000

Land2.30 acres (lot)

4640 N Lovington Highway Hwy, Hobbs, NM 88240

Property at 0 Millen (between Adele & Daniel, Hobbs, NM 88240

$3,086,801

Land8.86 acres (lot)

0 Millen (between Adele & Daniel, Hobbs, NM 88240

$1,829,520

Land4.20 acres (lot)

0 Lot 2, Hobbs, NM 88240

$871,200

Land2.00 acres (lot)

0 Lot 13, Hobbs, NM 88240

$609,840

Land1.40 acres (lot)

0 Lot 16, Hobbs, NM 88240

$784,080

Land1.80 acres (lot)

Lot 23, Hobbs, NM 88240

$435,600

Land1.00 acre (lot)

0 Lot 21, Hobbs, NM 88240

$2,021,184

Land5.80 acres (lot)

Lot 20, Hobbs, NM 88240

$2,334,816

Land6.70 acres (lot)

0 Lot 19, Hobbs, NM 88240

$2,195,424

Land6.30 acres (lot)

0 Lot 17, Hobbs, NM 88240

$2,996,928

Land8.60 acres (lot)

0 Lot 10, Hobbs, NM 88240

$2,509,056

Land7.20 acres (lot)

0 Lot 11, Hobbs, NM 88240

$653,400

Land1.50 acres (lot)

0 Lot 4, Hobbs, NM 88240

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

$3,669,494

Land10.53 acres (lot)

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

Property at 502 N Alto Dr W, Hobbs, NM 88240

$160,000

Land0.78 acre (lot)

502 N Alto Dr W, Hobbs, NM 88240

Property at 1 Tract One Millen (south Side), Hobbs, NM 88240

$1,850,150

Land10.99 acres (lot)

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

Property at E Sanger St, Hobbs, NM 88240

$450,000

Land1.69 acres (lot)

E Sanger St, Hobbs, NM 88240

Property at Rash/texico St, Hobbs, NM 88240

$350,000

Land2.77 acres (lot)

Rash/texico St, Hobbs, NM 88240

$1,180,476

Land2.71 acres (lot)

0 Synergy, Hobbs, NM 88242

Property at Marland Blvd, Hobbs, NM 88240

$70,000

Land9,583 sq ft (lot)

Marland Blvd, Hobbs, NM 88240

Property at 2 Tract Two Millen (south Side), Hobbs, NM 88240

$2,409,302

Land12.87 acres (lot)

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

Property at 1 Lovington Hwy, Hobbs, NM 88240

$5,868,838

Land29.94 acres (lot)

1 Lovington Hwy, Hobbs, NM 88240

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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)

$269,921

-0.029% YoY | Sep 2026

1 year
3 year
5 year

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

Location

Data

Sep 2026

Growth

% YoY

88240, NM

$269,921

-0.029%

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