Housing & Real Estate — North Hobbs, New Mexico

Overview

Total Housing Units2,157
Occupied1,937
Vacant220
Owner-Occupied1,709
Renter-Occupied228
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 RatioN/Ax
Home AffordabilityN/A
Rent as % of IncomeN/A%
Severely Rent-Burdened36.4%

Housing Age

Built 2010 or later484
Built 2000-2009229
Built 1990-1999122
Built before 1960100
Median Year Built1987
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.