Hobbs, NM Real Estate & Property Data

Hobbs Real Estate Market Trends
Last Updated: April 25, 2024

Accurate and comprehensive real estate data is critical for insight into Hobbs, NM. ATTOM’s Hobbs real estate data is updated daily, and current market trends show that in Hobbs, NM a total of 574 residential properties have sold over the past year. With a median home price of $219,462 in Hobbs and a total of 2 foreclosures. Get detailed property data for Hobbs, NM instantly. ATTOM is your one-stop-shop for the Hobbs property reports and real estate data you need in Hobbs, NM.

Hobbs Real Estate Market Trends
Total Residential Properties 19,446
Total Commercial Properties 179
Avg. Home Age (Single Family Home) 50 Years
Avg. Square Feet (Single Family Home) 1,614
Total 2024 Residential Sales (year-to-date) 43
% of Homes Seriously Underwater (Q2 2024) 1.31%
Total 2023 Residential Sales 583
% of Equity Rich Homes (Q2 2024) 7.56%
Effective 2023 Property Tax 0.51%
Total Foreclosure Filings (year-to-date) 3
Interested in Purchasing National or Hobbs, NM Property Data?

Hobbs, NM Real Estate Overview

There were 574 residential properties sold in the past year in Hobbs, NM. The median home value in Hobbs, NM is $187,452. There are a total of 19,446 residential properties in the Hobbs.

Median Sales Price i
$219,462
(Feb 2024)
+15.5%
year-over-year
y-o-y
  • February '24 Feb '24 $219,462
  • January '24 Jan '24 $213,675
  • December '23 Dec '23 $225,450
  • November '23 Nov '23 $237,021
  • October '23 Oct '23 $241,655
  • September '23 Sep '23 $253,968
  • August '23 Aug '23 $219,906
  • July '23 Jul '23 $247,350
  • June '23 Jun '23 $203,326
  • May '23 May '23 $234,279
  • April '23 Apr '23 $244,200
  • March '23 Mar '23 $228,028
Median Down Payment i
$9,437
(Feb 2024)
-71.5%
year-over-year
y-o-y
  • February '24 Feb '24 $9,437
  • January '24 Jan '24 $31,825
  • December '23 Dec '23 $32,812
  • November '23 Nov '23 $12,856
  • October '23 Oct '23 $25,994
  • September '23 Sep '23 $34,125
  • August '23 Aug '23 $12,055
  • July '23 Jul '23 $15,075
  • June '23 Jun '23 $16,275
  • May '23 May '23 $10,716
  • April '23 Apr '23 $9,330
  • March '23 Mar '23 $16,099
Number of Homes Sold i
15
(Feb 2024)
-73.7%
year-over-year
y-o-y
  • February '24 Feb '24 15
  • January '24 Jan '24 28
  • December '23 Dec '23 25
  • November '23 Nov '23 29
  • October '23 Oct '23 52
  • September '23 Sep '23 54
  • August '23 Aug '23 56
  • July '23 Jul '23 48
  • June '23 Jun '23 54
  • May '23 May '23 55
  • April '23 Apr '23 45
  • March '23 Mar '23 56
Number of Purchase Loans i
18
(Feb 2024)
-37.9%
year-over-year
y-o-y
  • February '24 Feb '24 18
  • January '24 Jan '24 30
  • December '23 Dec '23 21
  • November '23 Nov '23 20
  • October '23 Oct '23 48
  • September '23 Sep '23 30
  • August '23 Aug '23 34
  • July '23 Jul '23 35
  • June '23 Jun '23 33
  • May '23 May '23 36
  • April '23 Apr '23 29
  • March '23 Mar '23 43
Number of REFI Loans i
10
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 10
  • January '24 Jan '24 13
  • December '23 Dec '23 13
  • November '23 Nov '23 16
  • October '23 Oct '23 21
  • September '23 Sep '23 15
  • August '23 Aug '23 27
  • July '23 Jul '23 15
  • June '23 Jun '23 24
  • May '23 May '23 11
  • April '23 Apr '23 18
  • March '23 Mar '23 20
Number of HELOC Loans i
3
(Feb 2024)
  • February '24 Feb '24 3
  • January '24 Jan '24 1
  • December '23 Dec '23 3
  • November '23 Nov '23 2
  • October '23 Oct '23 4
  • September '23 Sep '23 2
  • August '23 Aug '23 4
  • July '23 Jul '23 4
  • June '23 Jun '23 2
  • May '23 May '23 8
  • April '23 Apr '23 2
  • March '23 Mar '23 2

Hobbs, NM Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Hobbs, NM Foreclosure Activity

There were a total of 2 Hobbs, NM properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
2
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 1
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 2
  • September '23 Sep '23 N/A
  • August '23 Aug '23 2
  • July '23 Jul '23 1
  • June '23 Jun '23 3
  • May '23 May '23 6
  • April '23 Apr '23 4
  • March '23 Mar '23 N/A
Completed Foreclosures (REOs) i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 2
  • October '23 Oct '23 1
  • September '23 Sep '23 2
  • August '23 Aug '23 N/A
  • July '23 Jul '23 4
  • June '23 Jun '23 N/A
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 2
Learn how industries are using property, assessor, mortgage, boundary, foreclosure, AVM, listing, hazard, climate, and neighborhood data.
Interested in growing your business with Hobbs, NM property data?

Contact Us Now!
Call (800) 692-2596 — or fill out this form and we’ll be in touch shortly.