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    Hobbs, NM
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    Hobbs, NM Residential Land & Home Lots for Sale

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    Seminole, TX Monument, NM Eunice, NM Lovington, NM Denver City, TX
    21 properties
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    Land, Hobbs, NM
    Updated: Jul 9
    Land, Hobbs, NM

    N Tomlinson St, Hobbs, NM 88242

    $199,500
    2.31 AC lot
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    Land, Hobbs, NM
    Updated: May 11
    Land, Hobbs, NM

    10918 N Monarch St, Hobbs, NM 88242

    $250,000
    3.17 AC lot
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    Land, Hobbs, NM
    Land, Hobbs, NM

    7810 N WORLD Dr, Hobbs, NM 88240

    $425,000
    7.25 AC lot

    Land · 7.25 Acres

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics
    Residential Lot with 50x140 Dimensions
    Residential Lot with 50x140 Dimensions

    1 Texas ST, Hobbs, NM 88260

    Contact for pricing
    0.16 AC lot

    Residential lot offered for sale, measuring 50 by 140 feet.

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    Land, Hobbs, NM
    Land, Hobbs, NM

    TBD MONUMENT Rd, Hobbs, NM 88240

    $106,000
    6.14 AC lot

    Land · 6.14 Acres

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    Land, Hobbs, NM
    Land, Hobbs, NM

    1500 N Marland St, Hobbs, NM 88240

    $2,179,500
    72.00 AC lot

    Commercial land · 72.00 Acres

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    Land, Hobbs, NM
    Land, Hobbs, NM

    5029 W Longtail, Hobbs, NM 88240

    $58,000
    0.16 AC lot

    Land · 0.16 Acres

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    Residential Development Lot
    Residential Development Lot

    213 E Gypsy St, Hobbs, NM 88240

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    0.08 AC lot

    A 26' x 142' lot with some utilities already available, offered for future residential development.

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    Land, Hobbs, NM
    Land, Hobbs, NM

    5104 W Grey Ghost, Hobbs, NM 88240

    $58,000
    0.16 AC lot

    Land · 0.16 Acres

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    Land, Hobbs, NM
    Land, Hobbs, NM

    5017 W Longtail, Hobbs, NM 88240

    $58,000
    0.16 AC lot

    Land · 0.16 Acres

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    Vacant Land
    Vacant Land

    000 Tbd N Tomlinson Street, Hobbs, NM 88242

    $225,000

    Residential land & home lots

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    Land, Hobbs, NM
    Land, Hobbs, NM

    5114 W Grey Ghost, Hobbs, NM 88240

    $59,000
    0.18 AC lot

    Land · 0.18 Acres

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    Land, Hobbs, NM
    Land, Hobbs, NM

    5023 W Longtail, Hobbs, NM 88240

    $57,000
    0.14 AC lot

    Land · 0.14 Acres

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    Land
    Land

    10918 N Monarch ST, Hobbs, NM 88242

    $250,000

    Residential land & home lots

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    Land, Hobbs, NM
    Land, Hobbs, NM

    5024 W Grey Ghost, Hobbs, NM 88240

    $57,000
    0.14 AC lot

    Land · 0.14 Acres

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    Land, Hobbs, NM
    Land, Hobbs, NM

    5115 W Longtail, Hobbs, NM 88240

    $59,000
    0.18 AC lot

    Land · 0.18 Acres

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    Spacious Corner Lot Opportunity
    Spacious Corner Lot Opportunity

    515 E Clinton Street, Hobbs, NM 88240

    Contact for pricing

    Two-lot property suitable for site-built or manufactured home.

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    Land, Hobbs, NM
    Land, Hobbs, NM

    5110 W Grey Ghost, Hobbs, NM 88240

    $58,000
    0.16 AC lot

    Land · 0.16 Acres

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    5.08 Acres For Sale
    5.08 Acres For Sale

    TBD Buena Suerte Drive, Hobbs, NM 88242

    Contact for pricing
    5.08 AC lot

    5.08 acres suitable for residential or commercial use.

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    Land, Hobbs, NM
    Land, Hobbs, NM

    5030 W Grey Ghost, Hobbs, NM 88240

    $58,000
    0.16 AC lot

    Land · 0.16 Acres

    View details
    Land, Hobbs, NM
    Land, Hobbs, NM

    5114 W Longtail, Hobbs, NM 88240

    $59,000
    0.18 AC lot

    Land · 0.18 Acres

    View details
    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in Hobbs, NM

    Hobbs, NM Residential Land & Home Lots Market Trends and Statistics

    Explore 21 residential land & home lots for sale in Hobbs, NM, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 4,260,604 square feet of properties for sale, with an estimated market value of $4,216,000.

    Sale prices for home sites in Hobbs, NM start at $57,000, averaging $248,000, and reaching up to $2,179,500 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 26
    Residential land & home lots 6
    Agricultural land / Farmland 2
    Industrial land 1

    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 $231.1K
    88240 $235.1K

    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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    Most Searched ZIP Codes in Hobbs, NM

    • 88240
    • 88242
    • 88260
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