Hobbs, NM (Metro) - Trend of Market Heat Index for All Homes (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Market Heat Index for All Homes in the Hobbs, NM Metro in February 2026 was 66. The month over month percentage change (MoM) was 3.13%, and the year over year percentage change (YoY) was 20.00%.

The chart below shows the trend of the market heat index for the Hobbs, NM metro. The table below shows the trend of the market heat index, and the MoM and YoY percentage changes for the Hobbs, NM metro.

You can see similar information for other US metros, and for the United States.

Note: The Market Heat Index is a time series that captures the balance of for-sale supply and demand in a given market. A higher number means the market is more tilted in favor of sellers. It relies on a combination of engagement and listing performance inputs to provide insights into current market dynamics. It is calculated for single-family and condo homes.

Data Source: Zillow.
Hobbs, NM (Metro) - Trend of Market Heat Index for All Homes
Hobbs, NM (Metro) - Trend of Market Heat Index for All Homes
1 – 10 of 98
Month Market Heat Index MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2018 34 NaN NaN
Feb 2018 43 26.47 NaN
Mar 2018 0 -100.00 NaN
Apr 2018 57 Infinity NaN
May 2018 62 8.77 NaN
Jun 2018 0 -100.00 NaN
Jul 2018 62 Infinity NaN
Aug 2018 0 -100.00 NaN
Sep 2018 0 NaN NaN
Oct 2018 0 NaN NaN
Nov 2018 57 Infinity NaN
Dec 2018 0 -100.00 NaN
Jan 2019 57 Infinity 67.65
Feb 2019 55 -3.51 27.91
Mar 2019 57 3.64 Infinity
Apr 2019 60 5.26 5.26
May 2019 65 8.33 4.84
Jun 2019 69 6.15 Infinity
Jul 2019 0 -100.00 -100.00
Aug 2019 57 Infinity Infinity
Sep 2019 0 -100.00 NaN
Oct 2019 50 Infinity Infinity
Nov 2019 43 -14.00 -24.56
Dec 2019 0 -100.00 NaN
Jan 2020 49 Infinity -14.03
Feb 2020 47 -4.08 -14.54
Mar 2020 50 6.38 -12.28
Apr 2020 48 -4.00 -20.00
May 2020 60 25.00 -7.69
Jun 2020 0 -100.00 -100.00
Jul 2020 62 Infinity Infinity
Aug 2020 0 -100.00 -100.00
Sep 2020 60 Infinity Infinity
Oct 2020 52 -13.33 4.00
Nov 2020 0 -100.00 -100.00
Dec 2020 54 Infinity Infinity
Jan 2021 51 -5.56 4.08
Feb 2021 52 1.96 10.64
Mar 2021 49 -5.77 -2.00
Apr 2021 54 10.20 12.50
May 2021 54 0.00 -10.00
Jun 2021 50 -7.41 Infinity
Jul 2021 39 -22.00 -37.10
Aug 2021 43 10.26 Infinity
Sep 2021 52 20.93 -13.33
Oct 2021 56 7.69 7.69
Nov 2021 53 -5.36 Infinity
Dec 2021 54 1.89 0.00
Jan 2022 0 -100.00 -100.00
Feb 2022 61 Infinity 17.31
Mar 2022 61 0.00 24.49
Apr 2022 0 -100.00 -100.00
May 2022 58 Infinity 7.41
Jun 2022 54 -6.90 8.00
Jul 2022 54 0.00 38.46
Aug 2022 51 -5.56 18.61
Sep 2022 49 -3.92 -5.77
Oct 2022 51 4.08 -8.93
Nov 2022 50 -1.96 -5.66
Dec 2022 51 2.00 -5.56
Jan 2023 53 3.92 Infinity
Feb 2023 59 11.32 -3.28
Mar 2023 58 -1.69 -4.92
Apr 2023 59 1.72 Infinity
May 2023 54 -8.47 -6.90
Jun 2023 55 1.85 1.85
Jul 2023 53 -3.64 -1.85
Aug 2023 52 -1.89 1.96
Sep 2023 56 7.69 14.29
Oct 2023 54 -3.57 5.88
Nov 2023 50 -7.41 0.00
Dec 2023 51 2.00 0.00
Jan 2024 67 31.37 26.42
Feb 2024 66 -1.49 11.86
Mar 2024 61 -7.58 5.17
Apr 2024 60 -1.64 1.70
May 2024 63 5.00 16.67
Jun 2024 62 -1.59 12.73
Jul 2024 61 -1.61 15.09
Aug 2024 61 0.00 17.31
Sep 2024 63 3.28 12.50
Oct 2024 63 0.00 16.67
Nov 2024 61 -3.17 22.00
Dec 2024 57 -6.56 11.77
Jan 2025 56 -1.75 -16.42
Feb 2025 55 -1.79 -16.67
Mar 2025 60 9.09 -1.64
Apr 2025 65 8.33 8.33
May 2025 67 3.08 6.35
Jun 2025 65 -2.98 4.84
Jul 2025 64 -1.54 4.92
Aug 2025 63 -1.56 3.28
Sep 2025 61 -3.17 -3.17
Oct 2025 61 0.00 -3.17
Nov 2025 61 0.00 0.00
Dec 2025 64 4.92 12.28
Jan 2026 64 0.00 14.29
Feb 2026 66 3.13 20.00