Housing & Real Estate — North Hobbs, New Mexico
Overview
| Total Housing Units | 2,157 |
| Occupied | 1,937 |
| Vacant | 220 |
| Owner-Occupied | 1,709 |
| Renter-Occupied | 228 |
| Median Home Value (Census) | $264,400 |
| Estimated 2026 | ~$289,000 |
| Median Rent | $1,109/mo |
| Median Property Tax | $1,274/yr |
Affordability
| Home Price to Income Ratio | N/Ax |
| Home Affordability | N/A |
| Rent as % of Income | N/A% |
| Severely Rent-Burdened | 36.4% |
Housing Age
| Built 2010 or later | 484 |
| Built 2000-2009 | 229 |
| Built 1990-1999 | 122 |
| Built before 1960 | 100 |
| Median Year Built | 1987 |
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.