Active Listings
26
⇧ 30% vs 20 last year
Population: 7,312 · Density: 40.1/mi² · Median household income: $82,041
Typical home value: $206,664 · Homeownership: 81.8%
Data as of January 2026. Source: Realtor.com.
The HOBBS, NM real estate market (88242) currently shows 26 active listings, with 16 pending sales. Homes are averaging 63 days on the market before going under contract.
Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 63 days on market compared to 44 days last year.
The median listing price has fallen 3.4% year-over-year, from $362,450 to $350,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 88242 | Hobbs, NM 88242 | 0.0 mi | 26 | $10,342,098 | $350,000 | $397,773 |
| 79323 | Denver City, TX 79323 | 17.7 mi | 25 | $6,743,750 | $259,950 | $269,750 |
| 88240 | Hobbs, NM 88240 | 18.8 mi | 87 | $30,127,230 | $315,000 | $346,290 |
| 79360 | Seminole, TX 79360 | 26.8 mi | 85 | $31,106,005 | $290,000 | $365,953 |
| 79355 | Plains, TX 79355 | 28.6 mi | 4 | $1,191,000 | $297,500 | $297,750 |
| 88267 | Tatum, NM 88267 | 36.6 mi | 1 | $119,900 | $119,900 | $119,900 |
| 88252 | Jal, NM 88252 | 47.2 mi | 3 | $344,250 | $114,750 | $114,750 |
| 79316 | Brownfield, TX 79316 | 54.1 mi | 27 | $6,841,908 | $262,450 | $253,404 |
| 79372 | Sundown, TX 79372 | 56.7 mi | 3 | $502,350 | $167,450 | $167,450 |
| 79346 | Morton, TX 79346 | 60.6 mi | 1 | $215,000 | $215,000 | $215,000 |
| 79741 | Goldsmith, TX 79741 | 63.2 mi | 1 | $238,350 | $211,750 | $238,350 |
| 79336 | Levelland, TX 79336 | 69.5 mi | 56 | $12,867,288 | $189,900 | $229,773 |
| 79358 | Ropesville, TX 79358 | 69.8 mi | 6 | $2,701,002 | $475,000 | $450,167 |
As of January 2026, there are 26 active listings in HOBBS, NM (zip code 88242), compared to 20 the prior year.
The median listing price in HOBBS, NM 88242 is $350,000 as of January 2026, a 3.4% decrease from $362,450 the prior year.
Homes in HOBBS, NM 88242 spend an average of 63 days on the market before going under contract, compared to 44 days the prior year.
Based on current inventory and days-on-market data as of January 2026, HOBBS, NM 88242 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 63 days on market compared to 44 days last year.
With SELL123.com's maximum 3% commission, sellers in HOBBS, NM 88242 save an estimated $7,000 compared to a typical 5% commission on the median listing price of $350,000. 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.