Data as of March 2026. Source: Realtor.com.
The Hobbs, NM real estate market currently shows 130 active listings, with 83 pending sales. Homes are averaging 46.7 days on the market before going under contract.
Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.
Homes are selling faster, averaging 46.7 days on market compared to 54 days last year.
The median listing price has risen 37.7% year-over-year, from $279,263 to $384,487.
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.
Population: 50,147 · Density: 228.7/mi² · Median household income: $64,359
Typical home value: $168,600 · Homeownership: 64.2%