Data as of January 2026. Source: Realtor.com.
The Hobbs, NM real estate market currently shows 114 active listings, with 68 pending sales. Homes are averaging 59.5 days on the market before going under contract.
Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 59.5 days on market compared to 52.4 days last year.
The median listing price has risen 2.1% year-over-year, from $316,086 to $322,588.
Whether you are buying or selling in Hobbs, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
ZIP coverage: 4 · Population: 50,147 · Median household income: $64,359
Typical home value: $168,600 · Homeownership rate: 64.2%