Zip Code: 88240 (Hobbs, NM) - Trend of Average House Listing Price (Realtor)
Updated on March 13, 2026.

According to data from Realtor.com, the average house listing price for the 88240 Zip Code in February 2026 was $342,563. The month over month percentage change (MoM) was -0.0108%, and the year over year percentage change (YoY) was 0.047%.

You can see similar for other New Mexico Zip Codes, and for New Mexico.

The chart below shows the trend of the average house listing price in the 88240 zip code. The table below shows the trend of the average house listing price, and the MoM and YoY percentage changes.

Data Source: Realtor.
Zip Code: 88240 - Trend of Average House Listing Price ($)
Zip Code: 88240 Trend of Average House Listing Price
Items per page:
1 – 10 of 116
Month Price ($) MoM Perc. Change (%) YoY Perc. Change (%)
Aug 2016 196944
Sep 2016 199783
Oct 2016 197364
Nov 2016 198964
Dec 2016 201931
Jan 2017 198419
Feb 2017 195172
Mar 2017 187469
Apr 2017 185832
May 2017 186963
Jun 2017 193065
Jul 2017 194743
Aug 2017 195448 0.0036 -0.0076
Sep 2017 195617 0.0009 -0.0209
Oct 2017 193281 -0.0119 -0.0207
Nov 2017 191096 -0.0113 -0.0395
Dec 2017 187317 -0.0198 -0.0724
Jan 2018 182241 -0.0271 -0.0815
Feb 2018 178171 -0.0223 -0.0871
Mar 2018 181586 0.0192 -0.0314
Apr 2018 181983 0.0022 -0.0207
May 2018 182504 0.0029 -0.0238
Jun 2018 194669 0.0667 0.0083
Jul 2018 202813 0.0418 0.0414
Aug 2018 203319 0.0025 0.0403
Sep 2018 207855 0.0223 0.0626
Oct 2018 204912 -0.0142 0.0602
Nov 2018 189320 -0.0761 -0.0093
Dec 2018 200726 0.0602 0.0716
Jan 2019 207149 0.032 0.1367
Feb 2019 216291 0.0441 0.2139
Mar 2019 218568 0.0105 0.2037
Apr 2019 206361 -0.0559 0.134
May 2019 199063 -0.0354 0.0907
Jun 2019 205296 0.0313 0.0546
Jul 2019 201131 -0.0203 -0.0083
Aug 2019 203592 0.0122 0.0013
Sep 2019 216732 0.0645 0.0427
Oct 2019 230920 0.0655 0.1269
Nov 2019 239742 0.0382 0.2663
Dec 2019 227208 -0.0523 0.1319
Jan 2020 220316 -0.0303 0.0636
Feb 2020 224754 0.0201 0.0391
Mar 2020 225635 0.0039 0.0323
Apr 2020 230005 0.0194 0.1146
May 2020 218818 -0.0486 0.0992
Jun 2020 231264 0.0569 0.1265
Jul 2020 236689 0.0235 0.1768
Aug 2020 232628 -0.0172 0.1426
Sep 2020 230100 -0.0109 0.0617
Oct 2020 232300 0.0096 0.006
Nov 2020 233898 0.0069 -0.0244
Dec 2020 233896 0.0 0.0294
Jan 2021 233850 -0.0002 0.0614
Feb 2021 232743 -0.0047 0.0355
Mar 2021 235180 0.0105 0.0423
Apr 2021 246164 0.0467 0.0703
May 2021 256380 0.0415 0.1717
Jun 2021 244671 -0.0457 0.058
Jul 2021 251230 0.0268 0.0614
Aug 2021 247539 -0.0147 0.0641
Sep 2021 244620 -0.0118 0.0631
Oct 2021 235416 -0.0376 0.0134
Nov 2021 222094 -0.0566 -0.0505
Dec 2021 234209 0.0545 0.0013
Jan 2022 235369 0.005 0.0065
Feb 2022 261057 0.1091 0.1217
Mar 2022 282505 0.0822 0.2012
Apr 2022 301458 0.0671 0.2246
May 2022 280479 -0.0696 0.094
Jun 2022 257090 -0.0834 0.0508
Jul 2022 267985 0.0424 0.0667
Aug 2022 270669 0.01 0.0934
Sep 2022 266017 -0.0172 0.0875
Oct 2022 255626 -0.0391 0.0858
Nov 2022 252565 -0.012 0.1372
Dec 2022 267661 0.0598 0.1428
Jan 2023 261695 -0.0223 0.1119
Feb 2023 275692 0.0535 0.0561
Mar 2023 280521 0.0175 -0.007
Apr 2023 276134 -0.0156 -0.084
May 2023 296362 0.0733 0.0566
Jun 2023 289965 -0.0216 0.1279
Jul 2023 271025 -0.0653 0.0113
Aug 2023 267857 -0.0117 -0.0104
Sep 2023 267593 -0.001 0.0059
Oct 2023 264302 -0.0123 0.0339
Nov 2023 285743 0.0811 0.1314
Dec 2023 264291 -0.0751 -0.0126
Jan 2024 255417 -0.0336 -0.024
Feb 2024 245989 -0.0369 -0.1077
Mar 2024 238925 -0.0287 -0.1483
Apr 2024 246573 0.032 -0.1071
May 2024 243008 -0.0145 -0.18
Jun 2024 267019 0.0988 -0.0791
Jul 2024 285631 0.0697 0.0539
Aug 2024 293008 0.0258 0.0939
Sep 2024 296730 0.0127 0.1089
Oct 2024 303431 0.0226 0.148
Nov 2024 302310 -0.0037 0.058
Dec 2024 299625 -0.0089 0.1337
Jan 2025 311985 0.0413 0.2215
Feb 2025 302958 -0.0289 0.2316
Mar 2025 327200 0.08 0.3695
Apr 2025 289945 -0.1139 0.1759
May 2025 286841 -0.0107 0.1804
Jun 2025 287286 0.0016 0.0759
Jul 2025 288778 0.0052 0.011
Aug 2025 298452 0.0335 0.0186
Sep 2025 323565 0.0841 0.0904
Oct 2025 361721 0.1179 0.1921
Nov 2025 357899 -0.0106 0.1839
Dec 2025 373293 0.043 0.2459
Jan 2026 355839 -0.0468 0.1406
Feb 2026 346290 -0.0268 0.143
Mar 2026 342563 -0.0108 0.047