ZIP 88242 · Hobbs, NM

Hobbs, NM

Monthly housing intelligence for ZIP 88242, Hobbs, NM. As of the latest 2026 data.

Median Listing

$692,500
+91.0% YoY

Active Listings

6
+20.0% YoY

Days on Market

67
+189.1% YoY

Price Reduced

0.0%
-16.7% YoY

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Market Analysis

ZIP 88242 market outlook.

Median listing prices in ZIP 88242 are $692,500 with 6 active listings and a typical 67-day time on market.

Historical Analysis

Market Trends

Median Price

$693K+15.4% MoM

Active Inventory

6+20.0% YoY

Days on Market

67+189.1% YoY

Pending Ratio

2.67-13.3% YoY

Sold Score™ Over Time

Market liquidity index • 2 months

Apr 26May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Dec 25May 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Dec 25Jan 26Feb 26Mar 26Apr 26May 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Additional Metrics

New listings

4

YoY +0.0%

Pending listings

16

Pending ratio 2.67

Median $ / sqft

$250

YoY +70.5%

Median sqft

2,425

Average listing price

$878,783

YoY +142.8%

Total listings

22

The Monthly Briefing

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Nearby ZIPs

Recent history

MonthMedian priceActiveDOMPending ratio
May 2026$692,5006672.67
April 2026$600,0006462.82
March 2026$688,7505344.89
February 2026$364,7507792.57
January 2026$350,00012631.33
December 2025$350,00011491.64
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