Active Listings
100
⇩ 9.1% vs 110 last year
Data as of February 2026. Source: Realtor.com.
The HOBBS, NM real estate market (88240) currently shows 100 active listings, with 59 pending sales. Homes are averaging 40 days on the market before going under contract.
Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 40 days on market compared to 57 days last year.
The median listing price has fallen 2.1% year-over-year, from $324,250 to $317,475.
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: 41,652 · Density: 26.8/mi² · Median household income: $63,083
Typical home value: $166,706 · Homeownership: 62.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 88240 | Hobbs, NM 88240 | 0.0 mi | 87 | $30,127,230 | $315,000 | $346,290 |
| 88241 | Hobbs, NM 88241 | 16.6 mi | 1 | $270,000 | $270,000 | $270,000 |
| 88231 | Eunice, NM 88231 | 19.7 mi | 2 | $290,000 | $145,000 | $145,000 |
| 88252 | Jal, NM 88252 | 35.3 mi | 3 | $344,250 | $114,750 | $114,750 |
| 79360 | Seminole, TX 79360 | 41.3 mi | 85 | $31,106,005 | $290,000 | $365,953 |
| 79355 | Plains, TX 79355 | 46.2 mi | 4 | $1,191,000 | $297,500 | $297,750 |
| 79714 | Andrews, TX 79714 | 48.3 mi | 56 | $21,179,424 | $328,950 | $378,204 |
| 79359 | Seagraves, TX 79359 | 54.4 mi | 7 | $1,311,226 | $190,000 | $187,318 |
| 88220 | Carlsbad, NM 88220 | 62.5 mi | 152 | $55,770,928 | $315,000 | $366,914 |
| 79789 | Wink, TX 79789 | 65.3 mi | 2 | $374,900 | $187,450 | $187,450 |
| 88230 | Dexter, NM 88230 | 67.1 mi | 3 | $903,999 | $275,000 | $301,333 |
| 88203 | Roswell, NM 88203 | 69.4 mi | 85 | $19,092,105 | $189,950 | $224,613 |
| 79316 | Brownfield, TX 79316 | 72.7 mi | 27 | $6,841,908 | $262,450 | $253,404 |
As of February 2026, there are 100 active listings in HOBBS, NM (zip code 88240), compared to 110 the prior year.
The median listing price in HOBBS, NM 88240 is $317,475 as of February 2026, a 2.1% decrease from $324,250 the prior year.
Homes in HOBBS, NM 88240 spend an average of 40 days on the market before going under contract, compared to 57 days the prior year.
Based on current inventory and days-on-market data as of February 2026, HOBBS, NM 88240 is currently a Seller's Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 40 days on market compared to 57 days last year.
With SELL123.com's maximum 3% commission, sellers in HOBBS, NM 88240 save an estimated $6,350 compared to a typical 5% commission on the median listing price of $317,475. 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.