Housing in North Hobbs, NM
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$322,250
Median List Price
$299,000
Price Per Sq Ft
$178
Days on Market
11
Active Inventory
4
Months of Supply
0.7
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Market Activity
Source: RedfinHomes Sold
6
New Listings
1
Pending Sales
5
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$178
Median List $/SF
$174
North Hobbs vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. North Hobbs is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$233,200
Median Rent
$1,109
Total Housing Units
2,157
Vacancy Rate
10.2%
Owner Occupied
88.2%
Renter Occupied
11.8%
Median Property Tax
$1,154
per year
Monthly Cost (w/ Mortgage)
$1,076
Housing Types
The current median sale price in North Hobbs, NM is $322,250 according to Redfin data. Homes spend a median of 11 days on the market. 0.0% of homes sold above asking price. The market has 0.7 months of supply. The median price per square foot is $178. The median rent is $1,109 per month (Census ACS). About 88.2% of housing units are owner-occupied. The median year homes were built is 1989. There are 2,157 total housing units.