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States / New Mexico / Hobbs

Hobbs, NM Housing

ACS 2020-2024

Median Home Value
$191,300 ± $12,391
Median Gross Rent
$1,112 ± $54/mo
Homeownership Rate
66.0%
Rent as Share of Income
20.8%
Price-to-Income Ratio
3.0×
Vacancy Rate
11.8%
Median Year Built
1980

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
143
Buildings
143
Single-Family Units
143
Multi-Family Units
0

Nearby Cities in New Mexico

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Hobbs, NM Housing: Rent & Home Values | HomeDataUSA