North Hobbs, NM
Housing market overview · Updated weekly
$499,900median sale price
Homes sold
3
Last 12 weeks
Days on market
58
Average pace
Active listings
1
0.3 months supply
Sale-to-list
—
Below asking
The North Hobbs housing market is currently classified as a seller's market with a median sale price of $499,900. Prices have risen 104.0% compared to last year, with homes spending an average of 58 days on market, indicating 0.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Explore nearby cities in NM
Frequently asked questions
What is the average home price in North Hobbs?
The median home sale price in North Hobbs is $499,900, up 104.0% from last year.
How long do homes stay on market in North Hobbs?
Homes typically spend 58 days on market before going under contract.
Is North Hobbs a buyer's or seller's market?
With 0.3 months of supply, North Hobbs is currently a seller's market.
Get North Hobbs market alerts
Weekly updates on prices, inventory, and trends. Free forever.