88242, NM Housing Market
The median sale price of a home in 88242 was $345K last month, up 28.9% since last year.
88242 Housing Market Trends
In June 2025, 88242 home prices were up 28.9% compared to last year, selling for a median price of $345K. On average, homes in 88242 sell after 36 days on the market compared to 31 days last year. There were 17 homes sold in June this year, up from 17 last year.

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View houses in 88242 that sold recently
Recently sold homes
- Unknown Last Sold Price—beds—baths—sq ftTBD Alabama, Hobbs, NM 88240List Price—Sale to List—Days on Market297 daysTBD Alabama, Hobbs, NM 88240
- Unknown Last Sold Price5 beds3 baths2,285 sq ft915 W Natalie Dr, Hobbs, NM 88242List Price—Sale to List—Days on Market567 days915 W Natalie Dr, Hobbs, NM 88242
- Unknown Last Sold Price3 beds2 baths1,921 sq ft10614 N Meadowlark St, Hobbs, NM 88242List Price—Sale to List—Days on Market60 days10614 N Meadowlark St, Hobbs, NM 88242
- Unknown Last Sold Price4 beds2 baths2,328 sq ft216 W Cottonwood Ln, Hobbs, NM 88240List Price—Sale to List—Days on Market53 days216 W Cottonwood Ln, Hobbs, NM 88240
- Unknown Last Sold Price4 beds2 baths2,092 sq ft1303 E Kansas Ave, Hobbs, NM 88240List Price—Sale to List—Days on Market36 days1303 E Kansas Ave, Hobbs, NM 88240
- Unknown Last Sold Price3 beds2 baths1,959 sq ft4225 E Sage Brush St, Hobbs, NM 88242List Price—Sale to List—Days on Market0 days4225 E Sage Brush St, Hobbs, NM 88242
- Unknown Last Sold Price4 beds2.5 baths2,591 sq ft8408 N Tomlinson St, Hobbs, NM 88242List Price—Sale to List—Days on Market118 days8408 N Tomlinson St, Hobbs, NM 88242
- Unknown Last Sold Price—beds—baths—sq ftTBD N Tomlinson St, Hobbs, NM 88242List Price—Sale to List—Days on Market87 daysTBD N Tomlinson St, Hobbs, NM 88242
See all recently sold homes in 88242.
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Schools in 88242
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Mills Elementary School Public • PreK-5 | 401 Students | 1 reviews |
5/10 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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