All Home Types
Hobbs, NM Housing Market
What is the housing market like in Hobbs today?
In February 2025, Hobbs home prices were up 22.7% compared to last year, selling for a median price of $322K. On average, homes in Hobbs sell after 17 days on the market compared to 16 days last year. There were 30 homes sold in February this year, up from 30 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$322,000
+22.7% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Hobbs, NM
$322,000
+22.7%
United States
Hobbs Migration & Relocation Trends
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