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Hobbs, NM real estate

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“I used Alex to sell and buy my new home. He helped me get exactly what I wanted!!”

Laura Wells · Fox Lake, IL

Photo of Alex Attiah
D'Aprile Properties
“Answered everything we had asked. Walked us through everything with great clarity and detail. Want to buy more investment properties and I will only buy with Mercedes being our agent.”

Dennis Hurst · Conway, SC

Photo of Mercedes  Gagnon
Southern Oaks Real Estate LLC
“Randy is wonderful realtor. He has a very professional team working with him and they are all very knowledgeable. He did a great job negotiating our final purchase and making sure all of the details were taken care of. He stayed in contact with us and responded to our calls and texts quickly. It was ago work with him and we highly recommend him.”

Terry Doherty · Melbourne, FL

Photo of RW Group
eXp Realty
“Michele was great! Not only was she extremely helpful with our search and purchase, but her experience and knowledge of the local housing market, inspections, fixtures, and comps made her assistance invaluable!”

Kent · Youngsville, NC

Photo of Michele Wilson
The Virtual Realty Group
“Julie Vesuwalla was always responsive and had a good handle on the market conditions in a difficult market. She provided great advice during negotiations and she helped us sell our home quickly.”

Susanna · Calgary, AB

Photo of Home Sweet Home Team
Century 21 Bamber Realty Ltd
“My experience was fantastic. Kevin and his team were always there for me to answer questions to give me feedback to help me do things to my home to better sell it. I would use them again very personable, very professional and always making me feel like I was their only project”

Lunda Cornelius · North Myrtle Beach, SC

Photo of Kevin Mills
Century 21 Barefoot Realty
“You will not find a better realtor than Heather. We feel she loves helping people find their home or investments. Heather is not just a realtor to us but a friend. She' 100% all the time.”

Alan Adams · Moscow, ID

Photo of Heather Saltarella
Woodbridge Real Estate
“My first home purchase and wife's second home purchas, Jeni made it feel seamless and went above and beyond to find us the home for our needs now and our future. Jeni's timeliness and knowledge made showings efficent. I would recommend Jeni to friends and family in the future.”

Andy Bailey Peters · Grove City, OH

Photo of Jeni Reitz
Coldwell Banker
“Kimberly and James are far superior to Any other Agents. We have been with them on six transactions of buying and selling. There is no one that compares. I think others should do themselves a favor and choose Kimberly and James to make the transaction smooth and quick and pleasurable.”

Paul Hayes · Rohnert Park, CA

Photo of Kimberly Sethavanish
Century 21 Kimberly James Real Estate
“Suzanne has been a pleasure to work with. She was realistic with all recommendations and listened carefully to my needs and suggestions to market the house.”

Matt · Oriental, NC

Photo of Suzanne & Larry Gwaltney
Century 21 Sail / Loft Realty
“I've worked with Dania several times and she and Lysette are always the BEST. I wouldn't trust anyone else with my real estate needs.”

Lisa Ierardi · Tierra Verde, FL

Photo of Dania Perry
Century 21 Jim White and Associates
“Working with Meldina Dervisevic as my listing broker for the sale of 2422 B in Chicago was an outstanding experience. From the very beginning, Meldina provided clear guidance, strong market knowledge, and a professional approach that made the entire selling process smooth and stress-free. She created a strong marketing plan, brought in qualified buyers quickly, and kept me fully informed at every step. Her communication was excellent—prompt, consistent, and always focused on protecting my best interests as the seller. Meldina handled negotiations, inspections, and closing details with confidence and expertise, ensuring everything stayed on track. I truly appreciated her dedication, her energy, and her commitment to getting the best possible results. Thanks to her hard work, the sale went successfully and without complications. If you’re looking for a highly skilled, reliable, and experienced Chicago real estate broker, She exceeded my expect”

Parucic · Chicago, IL

Photo of Meldina Realty Group
Century 21 Dream Homes
“Peggy was very considerate & helpful in selling my property. She accomplished a difficult task in a realtively short period of time. I am very appreciative.”

Ann · Sayreville, NJ

Photo of Peggy Yanuzzelli
Century 21 Charles Smith Agency
“We have worked with Lynne before and she provides nothing short of exceptional service that is lead by her professionalism, vast experience and overall joyful demeanour. She truly loves her career and working with clients. 5 Stars! Ryan and Cassie”

Ryan · Emerald Park, SK

Photo of Lynne Bobyck
Century 21 Dome Realty Inc.
“I'M GLAD THAT I WAS INTRODUCED TO TANA. TANA WAS VERY NICE, RELIABLE,POLITE,AND PROFESSIONAL . WHEN I NEEDED HER SHE WAS ALWAYS THERE TO HELP. MY NEXT PROPERTY I WILL BE REACHING OUT TO HER.”

Izetta Gray · Gardena, CA

Photo of Tana Moreland
Century 21 PrimeTime Realtors
“Jon was and is a trustworthy person to handle our property. We have given him another property to sell for us. Jon is a joy to work with.”

Darbe · Hollister, MO

Photo of Jon Hulsizer
Century 21 Integrity Group
“Charlie was beyond excellent to work with. He is a go getter, professional, and very knowledgeable about the entire process. He is the best in the business.”

Julie Chretien · Myrtle Beach, SC

Photo of Charlie DeMatteo
Century 21 Broadhurst
“Nadine was extremely knowledgeable and helpful through this whole process. She made it the easiest buying experience we ever had. She was always available to answer and questions we had. Even after closing on our house, she still reaches out to us.”

Brandon Sweetman · Belton, TX

Photo of Nadine  Melvin
Century 21 Randall Morris & Associates
“Second time I used Ms. Henderson. She did not disappoint me. She exercised common sense and industry knowledge to exceed my expectations. This subject property presented unique challenges not common in real estate. Ms.Hendersons dedication to success led to solutions where only obstacles were present. I would highly recommend Ms.Henderson for all your real estate needs.”

Robert Tucker · Boardman, OH

Photo of Jenn Henderson
Century 21 Lakeside Realty
“Working with Kathryn Wetherell was an outstanding experience from beginning to end. She took the time to truly understand what I needed and guided me with patience, honesty, and expertise throughout the entire process. Kathryn was always available to answer questions, explain next steps, and provide reassurance when I needed it most. Her professionalism, attention to detail, and genuine care made all the difference. She consistently went above and beyond to make everything smooth, stress-free, and successful. I couldn’t have asked for a better agent, and I would recommend Kathryn to anyone who wants a knowledgeable, reliable, and dedicated real estate professional in their corner.”

Brandon Mekalet · Ocala, FL

Photo of Katy Wetherell
Century 21 Sunbelt Realty

Hobbs real estate Market Report.

Information and statistics on the latest trends in the Hobbs real estate market, updated for December 2025. *

The typical home value in Hobbs is projected to be $297,250 for the month of November. October’s finalized data reported the typical value of a home in the city to be $299,000—up 49.87% over the previous 12 months. For comparison, county-level data pegged home values at $289,900 in Lea County for the most recent reporting period. That number is expected to float around $283,600 in November.

Hobbs had 22 new listings and 29 listings that went under contract in October, decreasing the area’s total available inventory to 27—down 32.5% from the previous month. Inventory is projected to have further decreased in November.

Of those 27 active listings, 40.74% reduced their price in the month of October. The median listing price for homes in Hobbs fell 22.31% from September to October, bringing the current median listing price to $252,500. Based on projected data for November, listing prices may continue to fall.

The number of days that homes have been on the market prior to going under contract rose year-over-year. In October 2025, the median time for a listed property to go pending was 10 days, compared to 3 days in October 2024. In recent months the median number of days from listed to pending appears to be increasing. That trend is predicted to have carried through to this November.

Hobbs, NM real estate
9
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated based on the the number of active listings divided by home sales over the most recently available reporting period.

* Data provided by Redfin, a national real estate brokerage.

Learn more about what Hobbs has to offer.

Hobbs offers residents a vibrant, family-friendly community with growing job opportunities, ample outdoor recreation, and a welcoming, active local culture.

Hobbs offers residents the perfect blend of Southwestern tradition and modern community living. The city is renowned for its roots in the oil and gas industry, but there’s so much more awaiting new homeowners here. The Western Heritage Museum and Lea County Cowboy Hall of Fame provides a window into the region’s captivating history. For those seeking outdoor recreation, Harry McAdams Park is a local favorite, providing walking trails, picnic areas, and well-maintained disc golf courses—ideal for family outings or a peaceful afternoon.

Families appreciate Hobbs for its focus on quality education. The Hobbs Municipal Schools system is recognized for encouraging student achievement and fostering community spirit, while New Mexico Junior College offers advanced learning and career programs. Sports enthusiasts can catch high school football at Watson Memorial Stadium or embark on an adventure at the CORE, a first-class community recreation facility that draws visitors from all around Lea County. Hobbs’s proximity to Lovington and its quick access to the greater Lea County region mean even more shopping, dining, and cultural experiences are just a short drive away.

Whether you’re relocating for business, education, or a fresh start in the Southwest, Hobbs is an inviting destination that lives up to its reputation for warm hospitality and community pride. If you’re considering buying or selling here, Agent Pronto’s network can simplify your real estate journey and connect you with a qualified local agent.

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Hobbs. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.