Zip Code: 88242 (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 88242 Zip Code in February 2026 was $541,205. The month over month percentage change (MoM) was 0.3606%, and the year over year percentage change (YoY) was 0.2205%.

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 88242 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: 88242 - Trend of Average House Listing Price ($)
Zip Code: 88242 Trend of Average House Listing Price
Items per page:
1 – 10 of 116
Month Price ($) MoM Perc. Change (%) YoY Perc. Change (%)
Aug 2016 291897
Sep 2016 298087
Oct 2016 293895
Nov 2016 283414
Dec 2016 274084
Jan 2017 285838
Feb 2017 294552
Mar 2017 309701
Apr 2017 308120
May 2017 303229
Jun 2017 296818
Jul 2017 299264
Aug 2017 309328 0.0336 0.0597
Sep 2017 308654 -0.0022 0.0354
Oct 2017 311115 0.008 0.0586
Nov 2017 325430 0.046 0.1482
Dec 2017 317464 -0.0245 0.1583
Jan 2018 323718 0.0197 0.1325
Feb 2018 333303 0.0296 0.1316
Mar 2018 329562 -0.0112 0.0641
Apr 2018 346500 0.0514 0.1246
May 2018 356106 0.0277 0.1744
Jun 2018 372492 0.046 0.2549
Jul 2018 340659 -0.0855 0.1383
Aug 2018 359598 0.0556 0.1625
Sep 2018 370588 0.0306 0.2007
Oct 2018 381358 0.0291 0.2258
Nov 2018 379425 -0.0051 0.1659
Dec 2018 383135 0.0098 0.2069
Jan 2019 410358 0.0711 0.2676
Feb 2019 403413 -0.0169 0.2104
Mar 2019 422359 0.047 0.2816
Apr 2019 409139 -0.0313 0.1808
May 2019 399389 -0.0238 0.1215
Jun 2019 389324 -0.0252 0.0452
Jul 2019 419200 0.0767 0.2306
Aug 2019 445616 0.063 0.2392
Sep 2019 448675 0.0069 0.2107
Oct 2019 422301 -0.0588 0.1074
Nov 2019 404718 -0.0416 0.0667
Dec 2019 399894 -0.0119 0.0437
Jan 2020 410389 0.0262 0.0001
Feb 2020 450037 0.0966 0.1156
Mar 2020 304322 -0.3238 -0.2795
Apr 2020 348125 0.1439 -0.1491
May 2020 362282 0.0407 -0.0929
Jun 2020 368917 0.0183 -0.0524
Jul 2020 316599 -0.1418 -0.2448
Aug 2020 306350 -0.0324 -0.3125
Sep 2020 323400 0.0557 -0.2792
Oct 2020 322199 -0.0037 -0.237
Nov 2020 288000 -0.1061 -0.2884
Dec 2020 310470 0.078 -0.2236
Jan 2021 288158 -0.0719 -0.2978
Feb 2021 288271 0.0004 -0.3594
Mar 2021 296840 0.0297 -0.0246
Apr 2021 279101 -0.0598 -0.1983
May 2021 268082 -0.0395 -0.26
Jun 2021 284880 0.0627 -0.2278
Jul 2021 331649 0.1642 0.0475
Aug 2021 291673 -0.1205 -0.0479
Sep 2021 350392 0.2013 0.0835
Oct 2021 347500 -0.0083 0.0785
Nov 2021 277185 -0.2023 -0.0376
Dec 2021 256477 -0.0747 -0.1739
Jan 2022 301675 0.1762 0.0469
Feb 2022 410200 0.3597 0.423
Mar 2022 556919 0.3577 0.8762
Apr 2022 536672 -0.0364 0.9229
May 2022 521400 -0.0285 0.9449
Jun 2022 442635 -0.1511 0.5538
Jul 2022 489291 0.1054 0.4753
Aug 2022 434077 -0.1128 0.4882
Sep 2022 555682 0.2801 0.5859
Oct 2022 466773 -0.16 0.3432
Nov 2022 524250 0.1231 0.8913
Dec 2022 483750 -0.0773 0.8861
Jan 2023 455200 -0.059 0.5089
Feb 2023 390352 -0.1425 -0.0484
Mar 2023 315700 -0.1912 -0.4331
Apr 2023 371364 0.1763 -0.308
May 2023 382980 0.0313 -0.2655
Jun 2023 371079 -0.0311 -0.1617
Jul 2023 438667 0.1821 -0.1035
Aug 2023 413625 -0.0571 -0.0471
Sep 2023 445138 0.0762 -0.1989
Oct 2023 419375 -0.0579 -0.1015
Nov 2023 339000 -0.1917 -0.3534
Dec 2023 394761 0.1645 -0.184
Jan 2024 395267 0.0013 -0.1317
Feb 2024 301976 -0.236 -0.2264
Mar 2024 698769 1.314 1.2134
Apr 2024 657748 -0.0587 0.7712
May 2024 715941 0.0885 0.8694
Jun 2024 779572 0.0889 1.1008
Jul 2024 721992 -0.0739 0.6459
Aug 2024 826650 0.145 0.9985
Sep 2024 736125 -0.1095 0.6537
Oct 2024 494850 -0.3278 0.18
Nov 2024 530289 0.0716 0.5643
Dec 2024 499280 -0.0585 0.2648
Jan 2025 466580 -0.0655 0.1804
Feb 2025 484405 0.0382 0.6041
Mar 2025 443429 -0.0846 -0.3654
Apr 2025 483300 0.0899 -0.2652
May 2025 318633 -0.3407 -0.5549
Jun 2025 361963 0.136 -0.5357
Jul 2025 413950 0.1436 -0.4267
Aug 2025 493800 0.1929 -0.4026
Sep 2025 542000 0.0976 -0.2637
Oct 2025 476682 -0.1205 -0.0367
Nov 2025 467940 -0.0183 -0.1176
Dec 2025 413967 -0.1153 -0.1709
Jan 2026 372345 -0.1005 -0.202
Feb 2026 397773 0.0683 -0.1788
Mar 2026 541205 0.3606 0.2205