Active Listings
25
⇧ 19% vs 21 last year
Data as of February 2026. Source: Realtor.com.
The HOBBS, NM real estate market (88242) currently shows 25 active listings, with 18 pending sales. Homes are averaging 79 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 79 days on market compared to 37 days last year.
The median listing price has risen 1.1% year-over-year, from $360,900 to $364,750.
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 | 26 | $10,342,098 | $350,000 | $397,773 |
| 79323 | Denver City, TX 79323 | 17.7 mi | 25 | $6,743,750 | $259,950 | $269,750 |
| 88240 | Hobbs, NM 88240 | 18.8 mi | 87 | $30,127,230 | $315,000 | $346,290 |
| 79360 | Seminole, TX 79360 | 26.8 mi | 85 | $31,106,005 | $290,000 | $365,953 |
| 79355 | Plains, TX 79355 | 28.6 mi | 4 | $1,191,000 | $297,500 | $297,750 |
| 88267 | Tatum, NM 88267 | 36.6 mi | 1 | $119,900 | $119,900 | $119,900 |
| 88252 | Jal, NM 88252 | 47.2 mi | 3 | $344,250 | $114,750 | $114,750 |
| 79316 | Brownfield, TX 79316 | 54.1 mi | 27 | $6,841,908 | $262,450 | $253,404 |
| 79372 | Sundown, TX 79372 | 56.7 mi | 3 | $502,350 | $167,450 | $167,450 |
| 79346 | Morton, TX 79346 | 60.6 mi | 1 | $215,000 | $215,000 | $215,000 |
| 79741 | Goldsmith, TX 79741 | 63.2 mi | 1 | $238,350 | $211,750 | $238,350 |
| 79336 | Levelland, TX 79336 | 69.5 mi | 56 | $12,867,288 | $189,900 | $229,773 |
| 79358 | Ropesville, TX 79358 | 69.8 mi | 6 | $2,701,002 | $475,000 | $450,167 |
As of February 2026, there are 25 active listings in HOBBS, NM (zip code 88242), compared to 21 the prior year.
The median listing price in HOBBS, NM 88242 is $364,750 as of February 2026, a 1.1% increase from $360,900 the prior year.
Homes in HOBBS, NM 88242 spend an average of 79 days on the market before going under contract, compared to 37 days the prior year.
Based on current inventory and days-on-market data as of February 2026, HOBBS, NM 88242 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 79 days on market compared to 37 days last year.
With SELL123.com's maximum 3% commission, sellers in HOBBS, NM 88242 save an estimated $7,295 compared to a typical 5% commission on the median listing price of $364,750. 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.