Active Listings
28
⇧ 55.6% vs 18 last year
Data as of September 2026. Source: Realtor.com.
The HOBBS, NM real estate market (88242) currently shows 28 active listings, with 14 pending sales. Homes are averaging 37 days on the market before going under contract.
Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.
Homes are selling faster, averaging 37 days on market compared to 67 days last year.
The median listing price has risen 15.7% year-over-year, from $482,500 to $558,225.
Population: 7,312 · Density: 40.1/mi² · Median household income: $82,041
Typical home value: $206,664 · Homeownership: 81.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 88242 | Hobbs, NM 88242 | 0.0 mi | 25 | $13,530,125 | $364,750 | $541,205 |
| 79323 | Denver City, TX 79323 | 17.7 mi | 25 | $6,819,650 | $274,975 | $272,786 |
| 88240 | Hobbs, NM 88240 | 18.8 mi | 100 | $34,256,300 | $317,475 | $342,563 |
| 79360 | Seminole, TX 79360 | 26.8 mi | 87 | $30,704,562 | $277,125 | $352,926 |
| 79355 | Plains, TX 79355 | 28.6 mi | 3 | $945,999 | $350,000 | $315,333 |
| 88267 | Tatum, NM 88267 | 36.6 mi | 1 | $119,900 | $119,900 | $119,900 |
| 88252 | Jal, NM 88252 | 47.2 mi | 3 | $328,875 | $109,625 | $109,625 |
| 79316 | Brownfield, TX 79316 | 54.1 mi | 31 | $7,525,715 | $256,900 | $242,765 |
| 88232 | Hagerman, NM 88232 | 60.2 mi | 3 | $749,850 | $249,950 | $249,950 |
| 79346 | Morton, TX 79346 | 60.6 mi | 1 | $215,000 | $215,000 | $215,000 |
| 79741 | Goldsmith, TX 79741 | 63.2 mi | 2 | $292,500 | $146,250 | $146,250 |
| 79336 | Levelland, TX 79336 | 69.5 mi | 56 | $13,360,144 | $189,950 | $238,574 |
| 79358 | Ropesville, TX 79358 | 69.8 mi | 8 | $3,258,080 | $385,000 | $407,260 |
As of September 2026, there are 28 active listings in HOBBS, NM (zip code 88242), compared to 18 the prior year.
The median listing price in HOBBS, NM 88242 is $558,225 as of September 2026, a 15.7% increase from $482,500 the prior year.
Homes in HOBBS, NM 88242 spend an average of 37 days on the market before going under contract, compared to 67 days the prior year.
Based on current inventory and days-on-market data as of September 2026, HOBBS, NM 88242 is currently a Balanced Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are selling faster, averaging 37 days on market compared to 67 days last year.
With SELL123.com's maximum 3% commission, sellers in HOBBS, NM 88242 save an estimated $11,165 compared to a typical 5% commission on the median listing price of $558,225. 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.