88242, NM Housing Market
The median sale price of a home in 88242 was $412K last month, up 31.0% since last year.
88242 Housing Market Trends
In October 2025, 88242 home prices were up 31.0% compared to last year, selling for a median price of $412K. On average, homes in 88242 sell after 35 days on the market compared to 38 days last year. There were 14 homes sold in October this year, down from 20 last year.

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View houses in 88242 that sold recently
Recently sold homes
- Unknown Last Sold Price4 beds3 baths2,572 sq ft1128 W Connecticut St, Hobbs, NM 88242List Price—Sale to List—Days on Market76 days1128 W Connecticut St, Hobbs, NM 88242
- Unknown Last Sold Price3 beds2 baths1,672 sq ft7322 N Butler Dr, Hobbs, NM 88242List Price—Sale to List—Days on Market63 days7322 N Butler Dr, Hobbs, NM 88242
- Unknown Last Sold Price4 beds2 baths1,447 sq ft2313 W Alabama St, Hobbs, NM 88242List Price—Sale to List—Days on Market37 days2313 W Alabama St, Hobbs, NM 88242
- Unknown Last Sold Price3 beds2 baths1,680 sq ft4124 W De Baca Ave, Hobbs, NM 88242List Price—Sale to List—Days on Market53 days4124 W De Baca Ave, Hobbs, NM 88242
- Unknown Last Sold Price—beds—baths—sq ft1416 E Linda Ln, Hobbs, NM 88240List Price—Sale to List—Days on Market63 days1416 E Linda Ln, Hobbs, NM 88240
- Unknown Last Sold Price4 beds2 baths1,863 sq ft8413 N Plainfield Dr, Hobbs, NM 88242List Price—Sale to List—Days on Market156 days8413 N Plainfield Dr, Hobbs, NM 88242
- Unknown Last Sold Price4 beds2 baths2,305 sq ft3923 W Stetson St, Hobbs, NM 88242List Price—Sale to List—Days on Market37 days3923 W Stetson St, Hobbs, NM 88242
- Unknown Last Sold Price2 beds1 bath1,145 sq ft1626 E Kansas, Hobbs, NM 88240List Price—Sale to List—Days on Market32 days1626 E Kansas, Hobbs, NM 88240
See all recently sold homes in 88242.
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Schools in 88242
- Elementary
- Middle
- High
GreatSchools Rating
6/10 College Lane Elementary School Public • K-5 | 519 Students | 3 reviews |
3/10 Stone Elementary School Public • PreK-5 | 404 Students | 4 reviews |
Climate's impact on 88242 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 88242.
Flood Factor - Moderate
Flood Factor

Fire Factor - Extreme
Fire Factor

Wind Factor - Minor
Wind Factor

Wind likelihood over time
Heat Factor - Major
Heat Factor

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