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How competitive is the Hobbs housing market?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v264
- Sold Score
- 69/100
- YoY Good Chance of Selling
- Pending ratio
- 1.29
- YoY contracts vs active
- Inventory YoY
- +0.6%
- YoY active listings
- Median DOM
- 61
- YoY days on market
- Price cuts
- 26.3%
- YoY of active listings
Hobbs is competitive as of May 2026, with a Sold Score of 69/100 (Good Chance of Selling).
**Pending ratio** is 1.29 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +55.1% — more choices for buyers than a year ago.
**Median days on market** is 61. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 26.3% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (May 2026): Sold Score: 69/100 (Good Chance of Selling) · Pending ratio: 1.29 · Inventory YoY: +55.1% · Median days on market: 61 · Sellers cutting price: 26.3% · Median listing price: $295,000 (+27.3% YoY)
Hobbs snapshot
As of the latest 2026 data- Median listing
- $295K
- YoY +0.3%
- Active inventory
- 76
- YoY +0.6%
- Median DOM
- 61
- YoY 0.0%
- Pending ratio
- 1.29
- YoY -0.5%
- Price-reduced
- 9.3%
- YoY +0.0%