Housing · North Hobbs

North Hobbs, NM housing market

The median sale price was $576,000 in May 2026.

Home values, sales, trends and how North Hobbs compares with the towns next door — updated as new data is published.

The market right now

North Hobbs at a glance

Median sale price
$576K
May 2026 · Redfin
Homes sold
2
in May · 4 for sale

Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Next door

North Hobbs and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
North Hobbs — — — $82,554
Hobbs $217K +3.8% 7 $64,021
Affordability

3.2 years of income

The typical North Hobbs home costs about 3.2 years of the town's median household income, less than across New Mexico (5 years).

How North Hobbs ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
85.6%
New Mexico: 70%
Median tax bill
$1,274
New Mexico: $1,731
Median rent
$1,319
New Mexico: $1,067
Typical home built
1987
New Mexico: 1985

U.S. Census Bureau, ACS 2020-2024.

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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North Hobbs

New Mexico · NM
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North Hobbs is your selected town. The feed includes posts assigned to this town, not a distance radius or ZIP code.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/19 · 2025-01-01