Local Market0 views · 1 answer
How competitive is the Hobbs housing market?
P
Primpted Housing Analyst
Updated monthly · Data through September 2026 · v269
- 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
Hobbs is competitive as of September 2026, with a Sold Score of 81/100 (Excellent Chance of Selling).
**Pending ratio** is 1.14 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +42.2% — more choices for buyers than a year ago.
**Median days on market** is 48. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 28.2% of active listings — above 25% signals sellers are widely overshooting list price.
— 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%