Hobbs, NM
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's very competitive Hobbs market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Hobbs, NM.
The Hobbs, NM market is currently Very Competitive, evidenced by a pending ratio of 1.29. This indicates significant demand absorption relative to available inventory, despite a notable year-over-year contraction in the pending ratio.
What's moving the Hobbs market right now.
Active listings have increased significantly by 55.1% year-over-year, reaching 76, while new listings saw an 11.1% annual rise. The median listing price has experienced a strong 27.3% year-over-year increase, reaching $295,000, even as it declined by 10.3% month-over-month. Median days on market remained stable year-over-year at 61 days.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
The high pending ratio suggests that properties are being absorbed quickly, placing upward pressure on pricing and limiting buyer negotiating leverage. The elevated demand relative to supply necessitates prompt decision-making from prospective purchasers, while sellers maintain a strong position in price discipline.
No distinct luxury-segment signal in this dataset.
76 active listings represent the current floor, with new supply arriving at roughly 40 per month.
of active listings carry a price reduction, +2.1% from prior period.
Median price per square foot has moved +14.1% year-over-year.
Pending-to-active ratio — Very Competitive.
The Monthly Briefing
Stay ahead of the Hobbs market.
One email per month: median price, inventory, days on market, and curated expert commentary — straight from the Primpted data desk.