Hobbs, NM Land for Sale
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Eunice, NM
Lovington, NM
Seminole, TX
32 results
Hobbs, NM Land Investment Opportunities Market Analysis
Explore 131 land for sale in Hobbs, NM, showcased through 32 active listings on our real estate platform. These investment opportunities span a total of 8 square feet of properties for sale, with an estimated market value of $2,242,000.
Sale prices for lots in Hobbs, NM start at $2,242,000, averaging $2,242,000, and reaching up to $2,242,000 — 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 Strategic Investment
Identify Hobbs submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets
| Neighborhood | Average Price |
|---|---|
| 88242 | $181.7K |
| 88240 | $457.3K |
Taxes & Financing
Tax Rate (average for all types)
2.68%
Property Tax per SF
$10.31 per sq ft
Tax Rate vs County Average
0.11 pp below county avg
Average Loan-to-Value
65.0%
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