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Are buyers active in Hobbs?

P

Primpted Housing Analyst

Updated monthly · Data through September 2026 · v269

Data-backed
Sold Score
81/100
YoY Excellent Chance of Selling
Pending ratio
1.14
YoY contracts vs active
Inventory YoY
+0.4%
YoY active listings
Median DOM
48
YoY days on market
Price cuts
28.2%
YoY of active listings
Buyer demand in Hobbs is **very active** as of September 2026. The pending ratio is 1.14 — that's contracts under negotiation versus the homes available to buy. Homes take a median of 48 days to go under contract. Active inventory is +42.2% year over year, giving buyers more choice and slower-paced decisions. Sellers are responding: 28.2% of listings have cut price. Overall, the Primpted Sold Score for Hobbs is 81/100 (Excellent Chance of Selling). — Live indicators (September 2026): Sold Score: 81/100 (Excellent Chance of Selling) · Pending ratio: 1.14 · Inventory YoY: +42.2% · Median days on market: 48 · Sellers cutting price: 28.2% · Median listing price: $328,725 (-4.2% YoY)

Hobbs snapshot

As of the latest 2026 data
Median listing
$329K
YoY -0.0%
Active inventory
78
YoY +0.4%
Median DOM
48
YoY +0.1%
Pending ratio
1.14
YoY -0.2%
Price-reduced
9.8%
YoY +0.0%

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