Hobbs (City), New Mexico - Trend of Zillow Home Value Index (ZHVI) for All Homes - Bottom Tier (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Bottom Tier Zillow home value index (ZHVI) for All Homes in Hobbs (City), New Mexico in February 2026 was $140,226.726. The month over month percentage change (MoM) was 1.82%, and the year over year percentage change (YoY) was 4.38%.

The chart below shows the trend of the bottom tier ZHVI for all homes in Hobbs (City), NM. The table below shows the trend of the bottom tier ZHVI, and the MoM and YoY percentage changes for all homes in Hobbs (City), NM.

You can see similar information for other New Mexico cities, and for New Mexico.

Note: The Bottom Tier Zillow Home Value Index (ZHVI) for all Homes is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 5th to 35th percentile range.

Data Source: Zillow.
Hobbs (City), NM - Trend of Zillow Home Value Index (ZHVI) for All Homes - Bottom Tier ($)
Hobbs (City), NM - Trend of Zillow Home Value Index (ZHVI) for All Homes - Bottom Tier
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 108706.7353174064 -0.07 15.42
Feb 2015 108932.76570917397 0.21 11.73
Mar 2015 109740.58784306936 0.74 10.29
Apr 2015 112023.18816726892 2.08 11.37
May 2015 113809.86124236409 1.60 13.21
Jun 2015 114876.78863958949 0.94 14.33
Jul 2015 115204.20439293252 0.28 13.94
Aug 2015 115309.52779020327 0.09 11.89
Sep 2015 115756.15677542881 0.39 10.61
Oct 2015 116482.60020970467 0.63 9.65
Nov 2015 115463.45036684787 -0.87 7.50
Dec 2015 113869.92099438922 -1.38 4.67
Jan 2016 111222.56365614051 -2.33 2.31
Feb 2016 109532.29658451669 -1.52 0.55
Mar 2016 108584.2940267119 -0.87 -1.05
Apr 2016 108840.13382393126 0.24 -2.84
May 2016 110238.01578476257 1.28 -3.14
Jun 2016 112124.97353343421 1.71 -2.39
Jul 2016 114162.5841500736 1.82 -0.90
Aug 2016 116327.48003593483 1.90 0.88
Sep 2016 117829.75658970933 1.29 1.79
Oct 2016 118408.03277963528 0.49 1.65
Nov 2016 118424.41585898725 0.01 2.56
Dec 2016 118473.18283210916 0.04 4.04
Jan 2017 117836.00410349532 -0.54 5.95
Feb 2017 117317.32647548744 -0.44 7.11
Mar 2017 116428.03281555274 -0.76 7.22
Apr 2017 115667.53574175369 -0.65 6.27
May 2017 114720.64896791386 -0.82 4.07
Jun 2017 114325.51088930137 -0.34 1.96
Jul 2017 114864.5525316316 0.47 0.62
Aug 2017 114874.39376369504 0.01 -1.25
Sep 2017 114947.59280820789 0.06 -2.45
Oct 2017 115579.03250772564 0.55 -2.39
Nov 2017 118189.37754183961 2.26 -0.20
Dec 2017 121331.12554805122 2.66 2.41
Jan 2018 123857.15281285922 2.08 5.11
Feb 2018 125670.69394174938 1.46 7.12
Mar 2018 128004.9437565428 1.86 9.94
Apr 2018 129715.78115633654 1.34 12.15
May 2018 130215.01133466339 0.39 13.51
Jun 2018 129046.4978143457 -0.90 12.88
Jul 2018 128308.14849141175 -0.57 11.70
Aug 2018 127559.41876003 -0.58 11.04
Sep 2018 127913.15948391841 0.28 11.28
Oct 2018 129328.69873286026 1.11 11.90
Nov 2018 132096.19285015756 2.14 11.77
Dec 2018 134566.59862252034 1.87 10.91
Jan 2019 135433.9684475813 0.65 9.35
Feb 2019 135205.40296220416 -0.17 7.59
Mar 2019 135711.83494286696 0.38 6.02
Apr 2019 139435.91845217798 2.74 7.49
May 2019 144987.528180758 3.98 11.35
Jun 2019 149956.08670782647 3.43 16.20
Jul 2019 152565.9777958734 1.74 18.91
Aug 2019 153155.7381618625 0.39 20.07
Sep 2019 153771.20801123462 0.40 20.22
Oct 2019 155264.03634035855 0.97 20.05
Nov 2019 158289.7761771312 1.95 19.83
Dec 2019 161931.9132829452 2.30 20.34
Jan 2020 163302.00708400318 0.85 20.58
Feb 2020 163442.40778807577 0.09 20.89
Mar 2020 162064.7383950545 -0.84 19.42
Apr 2020 162774.2651893527 0.44 16.74
May 2020 163959.4269177059 0.73 13.09
Jun 2020 165953.06141507023 1.22 10.67
Jul 2020 167936.85446393854 1.20 10.07
Aug 2020 170061.25952459968 1.26 11.04
Sep 2020 173519.87801737784 2.03 12.84
Oct 2020 176268.19395165212 1.58 13.53
Nov 2020 179552.11029512683 1.86 13.43
Dec 2020 181372.8363307428 1.01 12.01
Jan 2021 182701.45039347388 0.73 11.88
Feb 2021 183051.50826177586 0.19 12.00
Mar 2021 182017.8901332514 -0.56 12.31
Apr 2021 180415.15103409663 -0.88 10.84
May 2021 177845.59630923576 -1.42 8.47
Jun 2021 176493.1041845981 -0.76 6.35
Jul 2021 175216.42311460894 -0.72 4.34
Aug 2021 173484.57004214483 -0.99 2.01
Sep 2021 171690.35182969397 -1.03 -1.05
Oct 2021 171240.10053443888 -0.26 -2.85
Nov 2021 172940.56130190636 0.99 -3.68
Dec 2021 174019.97083483342 0.62 -4.05
Jan 2022 173270.190054459 -0.43 -5.16
Feb 2022 171284.5634678269 -1.15 -6.43
Mar 2022 169354.2701458903 -1.13 -6.96
Apr 2022 167981.57481800797 -0.81 -6.89
May 2022 166143.70485795452 -1.09 -6.58
Jun 2022 164311.10526116678 -1.10 -6.90
Jul 2022 163724.57922350863 -0.36 -6.56
Aug 2022 163145.62360116807 -0.35 -5.96
Sep 2022 161872.83953922227 -0.78 -5.72
Oct 2022 158776.97122390356 -1.91 -7.28
Nov 2022 155408.03664658894 -2.12 -10.14
Dec 2022 152528.61811785438 -1.85 -12.35
Jan 2023 151405.31447283912 -0.74 -12.62
Feb 2023 149908.65219162276 -0.99 -12.48
Mar 2023 148741.4629299827 -0.78 -12.17
Apr 2023 145950.95662894018 -1.88 -13.11
May 2023 143646.5367574308 -1.58 -13.54
Jun 2023 140852.5137986067 -1.94 -14.28
Jul 2023 138481.5761477501 -1.68 -15.42
Aug 2023 136363.2809468855 -1.53 -16.42
Sep 2023 134131.62710219648 -1.64 -17.14
Oct 2023 132310.8881834585 -1.36 -16.67
Nov 2023 131905.90865437806 -0.31 -15.12
Dec 2023 132188.15582759157 0.21 -13.34
Jan 2024 132721.93234969027 0.40 -12.34
Feb 2024 133368.15903394492 0.49 -11.03
Mar 2024 134069.45626312072 0.53 -9.86
Apr 2024 134873.82633045653 0.60 -7.59
May 2024 135324.0558870619 0.33 -5.79
Jun 2024 134917.86686632104 -0.30 -4.21
Jul 2024 134028.9640729178 -0.66 -3.21
Aug 2024 132252.2939586495 -1.33 -3.01
Sep 2024 131240.9312703399 -0.76 -2.15
Oct 2024 130991.31349521536 -0.19 -1.00
Nov 2024 131238.7855724564 0.19 -0.51
Dec 2024 131931.4546521906 0.53 -0.19
Jan 2025 133112.74216168022 0.90 0.29
Feb 2025 134348.8978772959 0.93 0.74
Mar 2025 135510.2453267792 0.86 1.08
Apr 2025 135465.9975720249 -0.03 0.44
May 2025 135470.5562464034 0.00 0.11
Jun 2025 135082.32042832588 -0.29 0.12
Jul 2025 135145.90021229305 0.05 0.83
Aug 2025 134940.65601198663 -0.15 2.03
Sep 2025 134807.40396517733 -0.10 2.72
Oct 2025 134373.4342113426 -0.32 2.58
Nov 2025 134860.60564178997 0.36 2.76
Dec 2025 135937.75850920155 0.80 3.04
Jan 2026 137716.71014687975 1.31 3.46
Feb 2026 140226.726071056 1.82 4.38