ZIP Code Housing Market
Hobbs, NM 88242
Lea County • Hobbs, NM
Data as of June 2026
$298,626
Median Home Value
+5.17% YoY
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Investment Appeal
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OpenRoof Score
Primarily supported by affordability stress
Decision scorecard
Buy read for ZIP 88242
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- OpenRoof Score
- 68/100
- Score confidence
- High
- Price trend
- +5.17%
- Inventory
- 8
- Days on market
- 72d
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- Forecast, price-cut pressure, and driver detail
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25-Year Home Value History
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Home Values
- Median Value
- $298,626
- YoY Change
- +5.17%
Rental Market
- Avg Rent
- $2,015/mo
Market Activity
- Active Listings
- 8
- Days on Market
- 72d
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Demographics
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Affordability and Investor Metrics
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Distress and Peer Fair Value
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AI Market Explanation
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Community
Ideas and discussion for Hobbs, NM 88242
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