Hobbs, NM Agricultural Land / Farmland for Sale
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Seminole, TX
Lovington, NM
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Oil Center, NM
Eunice, NM
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Lometa, TX
- Seminole, TX
- Lovington, NM
- Monument, NM
- Oil Center, NM
- Eunice, NM
- Denver City, TX
- Lometa, TX
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Hobbs, NM Agricultural Land / Farmland Market Trends and Statistics
Explore 2 agricultural land / farmland for sale in Hobbs, NM on our real estate platform.
Sale prices for farmlands in Hobbs, NM start at $400,000, averaging $1,125,000, and reaching up to $1,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.
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Demographics Overview
Population
50K
Population Growth (5Y)
+4.5%
Median Household Income
$69,020
College Educated
12.0%
High-Yield Neighborhoods for Investment
Identify Hobbs submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets
| Neighborhood | Average Price |
|---|---|
| 88242 | $400K |
| 88240 | $1.9M |
Taxes & Financing
Tax Rate (average for all types)
2.68%
Property Tax per SF
$10.31 per SF
Tax Rate vs County Average
0.11 pp below county avg
Average Loan-to-Value
65.0%
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