Hobbs, NM housing market
In Hobbs, NM, 40 homes sold during May 2026 and the typical one went for $279,950. The typical sale took 14 days. There are more buyers than homes for sale. Sellers have the edge.
Over the last 36 months the typical sale price here went from $215,000 to $279,950 — up 30%.
37 homes came on the market during May 2026, and 40 sold.
Every number on this page is from Redfin's published market data for the Hobbs, NM area. We do not adjust it, and we say which months it covers.
Questions people ask about Hobbs, NM
- When is the best month to sell a house in Hobbs, NM?
- How long does it take to sell a house in Hobbs, NM?
- Do homes sell above asking price in Hobbs, NM?
- Are home prices going up or down in Hobbs, NM?
- Is Hobbs, NM a buyer's market or a seller's market?
- How many homes are for sale in Hobbs, NM?
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Nearby markets
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Source: Redfin's published market data for the Hobbs, NM area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin.