Hobbs, NM 88242 Real Estate & Property Data
Last Updated: May 01, 2024
A total of 91 residential properties have been sold over the past 12 months in 88242. With a median sales price of $249,129 in 88242. Discover market trends and get the granular level real estate data for Hobbs, NM 88242 to keep your pulse on the housing market. Curate compelling home reports for Hobbs, NM 88242 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.
Total Residential Properties 3,951
Total Commercial Properties 20
Avg. Home Age (Single Family Home) 40 Years
Avg. Square Feet (Single Family Home) 2,025
Total 2024 Residential Sales (year-to-date) 11
% of Homes Seriously Underwater (Q2 2024) 1.35%
Total 2023 Residential Sales 98
% of Equity Rich Homes (Q2 2024) 6.47%
Effective 2023 Property Tax 0.56%
Total Foreclosure Filings (year-to-date) 1
Hobbs, NM 88242 Real Estate Overview
There were 91 residential properties sold in the past year in Hobbs, NM 88242. The median home value in Hobbs, NM 88242 is $236,359. There are a total of 3,951 residential properties in the 88242.
Median Sales Price i
$249,129
(Mar 2024)
-2.3%
year-over-year
y-o-y
- March '24 Mar '24 $249,129
- February '24 Feb '24 $272,384
- January '24 Jan '24 $342,000
- December '23 Dec '23 $232,091
- November '23 Nov '23 $326,561
- October '23 Oct '23 $400,674
- September '23 Sep '23 $253,968
- August '23 Aug '23 $262,158
- July '23 Jul '23 $256,663
- June '23 Jun '23 $332,212
- May '23 May '23 $301,179
- April '23 Apr '23 $197,766
Median Down Payment i
$8,719
(Mar 2024)
-71.3%
year-over-year
y-o-y
- March '24 Mar '24 $8,719
- February '24 Feb '24 $9,533
- January '24 Jan '24 $68,400
- December '23 Dec '23 $8,974
- November '23 Nov '23 $31,147
- October '23 Oct '23 $14,024
- September '23 Sep '23 $8,889
- August '23 Aug '23 $9,152
- July '23 Jul '23 $11,120
- June '23 Jun '23 $11,627
- May '23 May '23 $61,613
- April '23 Apr '23 $6,922
Number of Homes Sold i
2
(Mar 2024)
-75%
year-over-year
y-o-y
Number of Purchase Loans i
2
(Mar 2024)
-66.7%
year-over-year
y-o-y
Number of REFI Loans i
3
(Mar 2024)
-25%
year-over-year
y-o-y
Number of HELOC Loans i
3
(Mar 2024)
Hobbs, NM 88242 Real Estate Market Overview
Last 30 days- Street
- Street
- Street
Hobbs, NM 88242 Foreclosure Activity
Total Foreclosure Filings i
- March '24 Mar '24 N/A
- February '24 Feb '24 N/A
- January '24 Jan '24 1
- December '23 Dec '23 N/A
- November '23 Nov '23 N/A
- October '23 Oct '23 N/A
- September '23 Sep '23 N/A
- August '23 Aug '23 N/A
- July '23 Jul '23 N/A
- June '23 Jun '23 2
- May '23 May '23 1
- April '23 Apr '23 N/A
Completed Foreclosures (REOs) i
- March '24 Mar '24 N/A
- February '24 Feb '24 N/A
- January '24 Jan '24 N/A
- December '23 Dec '23 N/A
- November '23 Nov '23 2
- October '23 Oct '23 N/A
- September '23 Sep '23 2
- August '23 Aug '23 N/A
- July '23 Jul '23 1
- June '23 Jun '23 N/A
- May '23 May '23 N/A
- April '23 Apr '23 N/A
Nearby Zip Codes
- 1. 88240
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