Zip Code: 88242 (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 88242 Zip Code in February 2026 was $364,750. The month over month percentage change (MoM) was 0.0421%, and the year over year percentage change (YoY) was 0.0107%.

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 88242 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: 88242 - Trend of Median House Listing Price ($)
Zip Code: 88242 Trend of Median House Listing Price
Items per page:
1 – 10 of 116
Month Price ($) MoM Perc. Change (%) YoY Perc. Change (%)
Aug 2016 299500
Sep 2016 309325
Oct 2016 258000
Nov 2016 258000
Dec 2016 242900
Jan 2017 248500
Feb 2017 266975
Mar 2017 267925
Apr 2017 280509
May 2017 286900
Jun 2017 300859
Jul 2017 295875
Aug 2017 247450 -0.1637 -0.1738
Sep 2017 232500 -0.0604 -0.2484
Oct 2017 254000 0.0925 -0.0155
Nov 2017 288688 0.1366 0.1189
Dec 2017 261750 -0.0933 0.0776
Jan 2018 270000 0.0315 0.0865
Feb 2018 284500 0.0537 0.0656
Mar 2018 253250 -0.1098 -0.0548
Apr 2018 250000 -0.0128 -0.1088
May 2018 234000 -0.064 -0.1844
Jun 2018 252000 0.0769 -0.1624
Jul 2018 199000 -0.2103 -0.3274
Aug 2018 189750 -0.0465 -0.2332
Sep 2018 195500 0.0303 -0.1591
Oct 2018 200450 0.0253 -0.2108
Nov 2018 207250 0.0339 -0.2821
Dec 2018 233450 0.1264 -0.1081
Jan 2019 214950 -0.0792 -0.2039
Feb 2019 199900 -0.07 -0.2974
Mar 2019 265000 0.3257 0.0464
Apr 2019 307421 0.1601 0.2297
May 2019 314921 0.0244 0.3458
Jun 2019 242250 -0.2308 -0.0387
Jul 2019 245000 0.0114 0.2312
Aug 2019 249500 0.0184 0.3149
Sep 2019 269841 0.0815 0.3803
Oct 2019 263602 -0.0231 0.3151
Nov 2019 243125 -0.0777 0.1731
Dec 2019 276250 0.1362 0.1833
Jan 2020 218750 -0.2081 0.0177
Feb 2020 227500 0.04 0.1381
Mar 2020 227500 0.0 -0.1415
Apr 2020 367000 0.6132 0.1938
May 2020 378750 0.032 0.2027
Jun 2020 384750 0.0158 0.5882
Jul 2020 357250 -0.0715 0.4582
Aug 2020 302375 -0.1536 0.2119
Sep 2020 342500 0.1327 0.2693
Oct 2020 337000 -0.0161 0.2784
Nov 2020 320000 -0.0504 0.3162
Dec 2020 303500 -0.0516 0.0986
Jan 2021 286500 -0.056 0.3097
Feb 2021 315000 0.0995 0.3846
Mar 2021 280375 -0.1099 0.2324
Apr 2021 262000 -0.0655 -0.2861
May 2021 262250 0.001 -0.3076
Jun 2021 287500 0.0963 -0.2528
Jul 2021 264500 -0.08 -0.2596
Aug 2021 230000 -0.1304 -0.2394
Sep 2021 262500 0.1413 -0.2336
Oct 2021 364000 0.3867 0.0801
Nov 2021 237450 -0.3477 -0.258
Dec 2021 207250 -0.1272 -0.3171
Jan 2022 258750 0.2485 -0.0969
Feb 2022 334950 0.2945 0.0633
Mar 2022 422500 0.2614 0.5069
Apr 2022 353000 -0.1645 0.3473
May 2022 300500 -0.1487 0.1459
Jun 2022 267450 -0.11 -0.0697
Jul 2022 303500 0.1348 0.1474
Aug 2022 272000 -0.1038 0.1826
Sep 2022 320000 0.1765 0.219
Oct 2022 264500 -0.1734 -0.2734
Nov 2022 260000 -0.017 0.095
Dec 2022 252500 -0.0288 0.2183
Jan 2023 250000 -0.0099 -0.0338
Feb 2023 253750 0.015 -0.2424
Mar 2023 250000 -0.0148 -0.4083
Apr 2023 300000 0.2 -0.1501
May 2023 256000 -0.1467 -0.1481
Jun 2023 336875 0.3159 0.2596
Jul 2023 381875 0.1336 0.2582
Aug 2023 423500 0.109 0.557
Sep 2023 504625 0.1916 0.577
Oct 2023 419500 -0.1687 0.586
Nov 2023 318750 -0.2402 0.226
Dec 2023 434225 0.3623 0.7197
Jan 2024 386250 -0.1105 0.545
Feb 2024 199500 -0.4835 -0.2138
Mar 2024 257500 0.2907 0.03
Apr 2024 309988 0.2038 0.0333
May 2024 349475 0.1274 0.3651
Jun 2024 359975 0.03 0.0686
Jul 2024 365000 0.014 -0.0442
Aug 2024 380000 0.0411 -0.1027
Sep 2024 395000 0.0395 -0.2172
Oct 2024 433675 0.0979 0.0338
Nov 2024 444750 0.0255 0.3953
Dec 2024 407450 -0.0839 -0.0617
Jan 2025 356750 -0.1244 -0.0764
Feb 2025 362450 0.016 0.8168
Mar 2025 360900 -0.0043 0.4016
Apr 2025 364000 0.0086 0.1742
May 2025 362700 -0.0036 0.0378
Jun 2025 362500 -0.0006 0.007
Jul 2025 406250 0.1207 0.113
Aug 2025 479250 0.1797 0.2612
Sep 2025 534500 0.1153 0.3532
Oct 2025 447250 -0.1632 0.0313
Nov 2025 426125 -0.0472 -0.0419
Dec 2025 350000 -0.1786 -0.141
Jan 2026 350000 0.0 -0.0189
Feb 2026 350000 0.0 -0.0343
Mar 2026 364750 0.0421 0.0107