Active Listings
98
⇧ 8.9% vs 90 last year
Data as of July 2026. Source: Realtor.com.
The HOBBS, NM real estate market (88240) currently shows 98 active listings, with 57 pending sales. Homes are averaging 77 days on the market before going under contract.
Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 77 days on market compared to 47 days last year.
The median listing price has risen 38.4% year-over-year, from $283,000 to $391,625.
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 July 2026, there are 98 active listings in HOBBS, NM (zip code 88240), compared to 90 the prior year.
The median listing price in HOBBS, NM 88240 is $391,625 as of July 2026, a 38.4% increase from $283,000 the prior year.
Homes in HOBBS, NM 88240 spend an average of 77 days on the market before going under contract, compared to 47 days the prior year.
Based on current inventory and days-on-market data as of July 2026, HOBBS, NM 88240 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 77 days on market compared to 47 days last year.
With SELL123.com's maximum 3% commission, sellers in HOBBS, NM 88240 save an estimated $7,833 compared to a typical 5% commission on the median listing price of $391,625. 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.