A+
22%
Med. Home Val. NAT. AVG.
3%
Rent NAT. AVG.
6%
Owner Occ. NAT. AVG.
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Hobbs Housing Information

IndexHobbsNew MexicoNational
Median home price$144,000$161,600$184,700
Median rent asked$923$792$949
Avg. people per household2.92.72.6
Owner occupied households60.1%67.8%63.6%
Renter occupied households39.9%32.2%36.4%
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Housing Quick Facts

  • The median home price in Hobbs is 22% lower than the national average.
  • The median rent asked in Hobbs is 3% lower than the national average.
  • The average number of people per household in Hobbs is 11% higher than the national average.
  • The number of owner occupied households in Hobbs is 6% lower than the national average.
  • The number of renter occupied households in Hobbs is 10% higher than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Monument, NM76$156,30015%
      North Hobbs, NM5,860$184,1000%
      Nadine, NM233$184,5000%
      Hobbs, NM38,475$144,00022%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Pleasant Grove, UT38,474$324,10075%
      Mooresville, NC38,498$245,90033%
      Evans, GA38,443$267,90045%
      Florence, SC38,535$155,00016%
      Lynnwood, WA38,538$443,100140%
      Hobbs, NM38,475$144,00022%
      Source: The Hobbs, NM housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).