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88240 · Hobbs, NMHobbs, NM Change in typical home value since the start of the period, with each area's 12-month forecast (dashed) 88240 · Hobbs, NMHobbs, NM
| Measure | 88240 Hobbs, NM | Hobbs, NM |
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| Typical home value | $200,109 | $203,879 |
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| Past year | ▲ 4.2% | ▲ 2.8% |
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| Past 5 years | ▼ 11.1% | ▼ 18.5% |
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| Next 12 months | ▲ 3.9%80% range −3% to +11% | ▲ 3.9%80% range −1% to +11% |
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| Typical rent | — | — |
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| Price-to-rent ratio | — | — |
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| Rank within metro | 60 of 100 | — |
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