Active Listings
103
⇧ 2% vs 101 last year
Data as of March 2026. Source: Realtor.com.
The HOBBS, NM real estate market (88240) currently shows 103 active listings, with 61 pending sales. Homes are averaging 50 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are selling faster, averaging 50 days on market compared to 52 days last year.
The median listing price has risen 21.7% year-over-year, from $265,000 to $322,500.
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: 41,652 · Density: 26.8/mi² · Median household income: $63,083
Typical home value: $166,706 · Homeownership: 62.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 88240 | Hobbs, NM 88240 | 0.0 mi | 100 | $34,256,300 | $317,475 | $342,563 |
| 88241 | Hobbs, NM 88241 | 16.6 mi | 1 | $270,000 | $270,000 | $270,000 |
| 88231 | Eunice, NM 88231 | 19.7 mi | 2 | $276,000 | $138,000 | $138,000 |
| 88252 | Jal, NM 88252 | 35.3 mi | 3 | $328,875 | $109,625 | $109,625 |
| 79360 | Seminole, TX 79360 | 41.3 mi | 87 | $30,704,562 | $277,125 | $352,926 |
| 88267 | Tatum, NM 88267 | 44.1 mi | 1 | $119,900 | $119,900 | $119,900 |
| 88210 | Artesia, NM 88210 | 46.5 mi | 63 | $23,785,461 | $295,000 | $377,547 |
| 88232 | Hagerman, NM 88232 | 49.8 mi | 3 | $749,850 | $249,950 | $249,950 |
| 79745 | Kermit, TX 79745 | 61.4 mi | 25 | $6,995,175 | $175,000 | $279,807 |
| 79770 | Orla, TX 79770 | 63.0 mi | 1 | $55,000 | $55,000 | $55,000 |
| 79789 | Wink, TX 79789 | 65.3 mi | 3 | $518,901 | $144,000 | $172,967 |
| 88230 | Dexter, NM 88230 | 67.1 mi | 7 | $1,892,800 | $255,500 | $270,400 |
| 88203 | Roswell, NM 88203 | 69.4 mi | 80 | $18,521,760 | $197,000 | $231,522 |
As of March 2026, there are 103 active listings in HOBBS, NM (zip code 88240), compared to 101 the prior year.
The median listing price in HOBBS, NM 88240 is $322,500 as of March 2026, a 21.7% increase from $265,000 the prior year.
Homes in HOBBS, NM 88240 spend an average of 50 days on the market before going under contract, compared to 52 days the prior year.
Based on current inventory and days-on-market data as of March 2026, HOBBS, NM 88240 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 50 days on market compared to 52 days last year.
With SELL123.com's maximum 3% commission, sellers in HOBBS, NM 88240 save an estimated $6,450 compared to a typical 5% commission on the median listing price of $322,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.