All Home Types
Hobbs, NM Housing Market
What is the housing market like in Hobbs today?
In January 2025, Hobbs home prices were up 16.4% compared to last year, selling for a median price of $285K. On average, homes in Hobbs sell after 20 days on the market compared to 29 days last year. There were 25 homes sold in January this year, down from 34 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$285,000
+16.4% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Hobbs, NM
$285,000
+16.4%
United States
Hobbs Migration & Relocation Trends
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