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

According to data from Realtor.com, the median house listing price for the 88240 Zip Code in February 2026 was $317,475. The month over month percentage change (MoM) was 0.0079%, and the year over year percentage change (YoY) was -0.0209%.

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

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

Data Source: Realtor.
Zip Code: 88240 - Trend of Median House Listing Price ($)
Zip Code: 88240 Trend of Median House Listing Price
Items per page:
1 – 10 of 116
Month Price ($) MoM Perc. Change (%) YoY Perc. Change (%)
Aug 2016 189950
Sep 2016 190225
Oct 2016 183700
Nov 2016 185500
Dec 2016 189000
Jan 2017 185000
Feb 2017 182000
Mar 2017 178625
Apr 2017 175000
May 2017 174500
Jun 2017 174725
Jul 2017 172450
Aug 2017 174900 0.0142 -0.0792
Sep 2017 178750 0.022 -0.0603
Oct 2017 175500 -0.0182 -0.0446
Nov 2017 175250 -0.0014 -0.0553
Dec 2017 178000 0.0157 -0.0582
Jan 2018 179250 0.007 -0.0311
Feb 2018 169125 -0.0565 -0.0707
Mar 2018 174450 0.0315 -0.0234
Apr 2018 176500 0.0118 0.0086
May 2018 180750 0.0241 0.0358
Jun 2018 191175 0.0577 0.0941
Jul 2018 192500 0.0069 0.1163
Aug 2018 182475 -0.0521 0.0433
Sep 2018 195500 0.0714 0.0937
Oct 2018 189500 -0.0307 0.0798
Nov 2018 189125 -0.002 0.0792
Dec 2018 198725 0.0508 0.1164
Jan 2019 202000 0.0165 0.1269
Feb 2019 203725 0.0085 0.2046
Mar 2019 202700 -0.005 0.1619
Apr 2019 191811 -0.0537 0.0868
May 2019 187961 -0.0201 0.0399
Jun 2019 192125 0.0222 0.005
Jul 2019 185500 -0.0345 -0.0364
Aug 2019 185500 0.0 0.0166
Sep 2019 189427 0.0212 -0.0311
Oct 2019 195318 0.0311 0.0307
Nov 2019 199900 0.0235 0.057
Dec 2019 199450 -0.0023 0.0036
Jan 2020 194575 -0.0244 -0.0368
Feb 2020 187500 -0.0364 -0.0796
Mar 2020 189250 0.0093 -0.0664
Apr 2020 207500 0.0964 0.0818
May 2020 206125 -0.0066 0.0966
Jun 2020 206000 -0.0006 0.0722
Jul 2020 217500 0.0558 0.1725
Aug 2020 217425 -0.0003 0.1721
Sep 2020 217500 0.0003 0.1482
Oct 2020 234250 0.077 0.1993
Nov 2020 237500 0.0139 0.1881
Dec 2020 225125 -0.0521 0.1287
Jan 2021 201531 -0.1048 0.0357
Feb 2021 205000 0.0172 0.0933
Mar 2021 216250 0.0549 0.1427
Apr 2021 233725 0.0808 0.1264
May 2021 247225 0.0578 0.1994
Jun 2021 229900 -0.0701 0.116
Jul 2021 229625 -0.0012 0.0557
Aug 2021 213450 -0.0704 -0.0183
Sep 2021 214178 0.0034 -0.0153
Oct 2021 192000 -0.1035 -0.1804
Nov 2021 190000 -0.0104 -0.2
Dec 2021 193125 0.0164 -0.1421
Jan 2022 191875 -0.0065 -0.0479
Feb 2022 211106 0.1002 0.0298
Mar 2022 272125 0.289 0.2584
Apr 2022 302450 0.1114 0.294
May 2022 275000 -0.0908 0.1123
Jun 2022 223750 -0.1864 -0.0268
Jul 2022 244625 0.0933 0.0653
Aug 2022 250000 0.022 0.1712
Sep 2022 244595 -0.0216 0.142
Oct 2022 235700 -0.0364 0.2276
Nov 2022 254900 0.0815 0.3416
Dec 2022 273436 0.0727 0.4158
Jan 2023 271038 -0.0088 0.4126
Feb 2023 277618 0.0243 0.3151
Mar 2023 270328 -0.0263 -0.0066
Apr 2023 280334 0.037 -0.0731
May 2023 275000 -0.019 0.0
Jun 2023 267250 -0.0282 0.1944
Jul 2023 260975 -0.0235 0.0668
Aug 2023 257000 -0.0152 0.028
Sep 2023 283750 0.1041 0.1601
Oct 2023 285000 0.0044 0.2092
Nov 2023 312853 0.0977 0.2274
Dec 2023 278500 -0.1098 0.0185
Jan 2024 260000 -0.0664 -0.0407
Feb 2024 218500 -0.1596 -0.2129
Mar 2024 222500 0.0183 -0.1769
Apr 2024 218900 -0.0162 -0.2191
May 2024 207450 -0.0523 -0.2456
Jun 2024 237750 0.1461 -0.1104
Jul 2024 275000 0.1567 0.0537
Aug 2024 307475 0.1181 0.1964
Sep 2024 322000 0.0472 0.1348
Oct 2024 316850 -0.016 0.1118
Nov 2024 294000 -0.0721 -0.0603
Dec 2024 295000 0.0034 0.0592
Jan 2025 310000 0.0508 0.1923
Feb 2025 307500 -0.0081 0.4073
Mar 2025 324250 0.0545 0.4573
Apr 2025 265000 -0.1827 0.2106
May 2025 257500 -0.0283 0.2413
Jun 2025 237500 -0.0777 -0.0011
Jul 2025 242500 0.0211 -0.1182
Aug 2025 283000 0.167 -0.0796
Sep 2025 318900 0.1269 -0.0096
Oct 2025 341000 0.0693 0.0762
Nov 2025 333725 -0.0213 0.1351
Dec 2025 349900 0.0485 0.1861
Jan 2026 328500 -0.0612 0.0597
Feb 2026 315000 -0.0411 0.0244
Mar 2026 317475 0.0079 -0.0209