Active Listings
27
⇧ 58.8% vs 17 last year
Data as of March 2026. Source: Realtor.com.
The HOBBS, NM real estate market (88242) currently shows 27 active listings, with 22 pending sales. Homes are averaging 34 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 34 days on market compared to 66 days last year.
The median listing price has risen 70.6% year-over-year, from $364,000 to $620,955.
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: 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 March 2026, there are 27 active listings in HOBBS, NM (zip code 88242), compared to 17 the prior year.
The median listing price in HOBBS, NM 88242 is $620,955 as of March 2026, a 70.6% increase from $364,000 the prior year.
Homes in HOBBS, NM 88242 spend an average of 34 days on the market before going under contract, compared to 66 days the prior year.
Based on current inventory and days-on-market data as of March 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 34 days on market compared to 66 days last year.
With SELL123.com's maximum 3% commission, sellers in HOBBS, NM 88242 save an estimated $12,419 compared to a typical 5% commission on the median listing price of $620,955. 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.