South Valley vs Hobbs: Housing
| South Valley | Hobbs | |
|---|---|---|
| Median Home Value | $224,300 | $191,300 |
| Median Gross Rent | $954/mo | $1,112/mo |
| Homeownership Rate | 74.4% | 66.0% |
| Rent as Share of Income | 19.7% | 20.8% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.