Active Listings
108
⇧ 20% vs 90 last year
Data as of September 2026. Source: Realtor.com.
The HOBBS, NM real estate market (88240) currently shows 108 active listings, with 64 pending sales. Homes are averaging 46 days on the market before going under contract.
Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 46 days on market compared to 45 days last year.
The median listing price has fallen 7% year-over-year, from $341,000 to $317,250.
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 September 2026, there are 108 active listings in HOBBS, NM (zip code 88240), compared to 90 the prior year.
The median listing price in HOBBS, NM 88240 is $317,250 as of September 2026, a 7% decrease from $341,000 the prior year.
Homes in HOBBS, NM 88240 spend an average of 46 days on the market before going under contract, compared to 45 days the prior year.
Based on current inventory and days-on-market data as of September 2026, HOBBS, NM 88240 is currently a Buyer's Market. Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 46 days on market compared to 45 days last year.
With SELL123.com's maximum 3% commission, sellers in HOBBS, NM 88240 save an estimated $6,345 compared to a typical 5% commission on the median listing price of $317,250. 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.