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Get to know Hobbs. Whether you're looking to purchase a home, putting yours up for sale or exploring rental options, get up-to-date information about the Hobbs real estate market, all in one place. Analyze how the market is performing against historical data. Guaranteed Rate helps you explore Hobbs without having to leave home.

The median home price in Hobbs for the week end on September 29th 2023 was $123,100 compared to $859, the median rent. Unemployment sits at 6.2% as of September 29th 2023. The population of Hobbs is 37,427. The median age of the locals is 31.1.

Market trends

Single Family Homes

In the past week, single family homes in Hobbs sold on average for $323,000 and spent 146 days on the market. In Hobbs, the inventory of 50 experienced a 8% relisting. The average price per square foot was $140.

In the past week, condo/townhomes in Hobbs sold on average for $199,950 and spent 27 days on the market. In Hobbs, the inventory of 6 experienced a relisting. The average price per square foot was $92.

Population trends

As previously noted, the population of Hobbs is 37,427 and the median age is 31.1. Among Hobbs residents, there is a homeowner vacancy rate of 2.4% and a rental vacancy rate of 14.2% from a total of 13,908 units.

School information

Hobbs has 27 schools. Each school is rated by key indicators like test scores, academic progress, college readiness, student-teacher ratio and more. These scores will help you compare the best schools in Hobbs.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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