Hobbs, NM (Metro) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Raw and Mid-Tier (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Raw and Mid-Tier Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the Hobbs, NM Metro in February 2026 was $198,196.796. The month over month percentage change (MoM) was 1.38%, and the year over year percentage change (YoY) was 1.82%.

The chart below shows the trend of the raw and mid-tier ZHVI for the Hobbs, NM metro. The table below shows the trend of the raw and mid-tier ZHVI, 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: Zillow Home Value Index (ZHVI) 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 35th to 65th percentile range.

Data Source: Zillow.
Hobbs, NM (Metro) - Trend of Zillow Home Value Index (ZHVI), Raw and Mid-Tier ($)
Hobbs, NM (Metro) - Trend of Zillow Home Value Index (ZHVI), Raw and Mid-Tier
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 219798.34682238023 -1.67 2.79
Feb 2015 222467.9730894372 1.22 2.57
Mar 2015 225879.7792033335 1.53 3.52
Apr 2015 231427.66346347885 2.46 4.82
May 2015 232477.31891637048 0.45 4.79
Jun 2015 234108.06669794163 0.70 3.63
Jul 2015 234022.3569705904 -0.04 1.86
Aug 2015 237279.0330721102 1.39 1.07
Sep 2015 234946.4804678411 -0.98 2.05
Oct 2015 232915.1166477796 -0.86 2.24
Nov 2015 222922.50619543553 -4.29 -1.32
Dec 2015 220041.71620731478 -1.29 -1.56
Jan 2016 218624.28788070407 -0.64 -0.53
Feb 2016 214246.0805363092 -2.00 -3.70
Mar 2016 215563.7691401033 0.62 -4.57
Apr 2016 218100.80808348075 1.18 -5.76
May 2016 221475.41244284032 1.55 -4.73
Jun 2016 226041.15564348403 2.06 -3.45
Jul 2016 227071.36146142837 0.46 -2.97
Aug 2016 230554.85826630364 1.53 -2.83
Sep 2016 227073.57951066204 -1.51 -3.35
Oct 2016 222005.4781954129 -2.23 -4.68
Nov 2016 219771.3511066379 -1.01 -1.41
Dec 2016 219034.67686125773 -0.33 -0.46
Jan 2017 215188.67843108918 -1.76 -1.57
Feb 2017 216593.81804019504 0.65 1.10
Mar 2017 216784.2731475661 0.09 0.57
Apr 2017 216254.37168425688 -0.24 -0.85
May 2017 216872.41887091208 0.29 -2.08
Jun 2017 218874.14529585614 0.92 -3.17
Jul 2017 220419.78703235902 0.71 -2.93
Aug 2017 219088.45079506116 -0.60 -4.97
Sep 2017 220114.26442925335 0.47 -3.06
Oct 2017 220200.16367638044 0.04 -0.81
Nov 2017 221967.9987712892 0.80 1.00
Dec 2017 222968.73073995442 0.45 1.80
Jan 2018 223583.73380049414 0.28 3.90
Feb 2018 222046.24597812947 -0.69 2.52
Mar 2018 226694.8984291992 2.09 4.57
Apr 2018 225519.18362552059 -0.52 4.28
May 2018 225650.293330649 0.06 4.05
Jun 2018 226860.69989495457 0.54 3.65
Jul 2018 225884.75272922637 -0.43 2.48
Aug 2018 225948.75523816425 0.03 3.13
Sep 2018 228624.70878169916 1.18 3.87
Oct 2018 230317.7508481695 0.74 4.60
Nov 2018 230900.80283087102 0.25 4.02
Dec 2018 230839.22250494227 -0.03 3.53
Jan 2019 226799.3981434321 -1.75 1.44
Feb 2019 222297.14402148905 -1.98 0.11
Mar 2019 226034.5696155636 1.68 -0.29
Apr 2019 237008.74440697962 4.86 5.10
May 2019 242884.82618472225 2.48 7.64
Jun 2019 249110.42273258485 2.56 9.81
Jul 2019 250502.02123603993 0.56 10.90
Aug 2019 249701.5893670848 -0.32 10.51
Sep 2019 248660.70069155045 -0.42 8.76
Oct 2019 248557.55151966607 -0.04 7.92
Nov 2019 247675.10468806408 -0.35 7.27
Dec 2019 248755.71487907777 0.44 7.76
Jan 2020 244545.99037726244 -1.69 7.83
Feb 2020 243497.12361482644 -0.43 9.54
Mar 2020 242849.86982623383 -0.27 7.44
Apr 2020 246852.60642852253 1.65 4.15
May 2020 248001.3352593148 0.47 2.11
Jun 2020 252037.96259086017 1.63 1.18
Jul 2020 255636.82817351774 1.43 2.05
Aug 2020 257020.55036611963 0.54 2.93
Sep 2020 262475.7046483757 2.12 5.56
Oct 2020 260434.36802884866 -0.78 4.78
Nov 2020 259491.26942501098 -0.36 4.77
Dec 2020 259094.78616554546 -0.15 4.16
Jan 2021 257338.029718608 -0.68 5.23
Feb 2021 255549.7101861362 -0.69 4.95
Mar 2021 252324.6580508076 -1.26 3.90
Apr 2021 251466.83687085018 -0.34 1.87
May 2021 250201.92363046983 -0.50 0.89
Jun 2021 253156.7586627906 1.18 0.44
Jul 2021 249322.1982243203 -1.51 -2.47
Aug 2021 243782.15650236537 -2.22 -5.15
Sep 2021 239521.54262797403 -1.75 -8.74
Oct 2021 236608.99973432536 -1.22 -9.15
Nov 2021 235638.866334573 -0.41 -9.19
Dec 2021 232569.7907257117 -1.30 -10.24
Jan 2022 228335.10949270715 -1.82 -11.27
Feb 2022 225655.23138711654 -1.17 -11.70
Mar 2022 225089.26360157708 -0.25 -10.79
Apr 2022 226428.98765118085 0.60 -9.96
May 2022 225115.58644053634 -0.58 -10.03
Jun 2022 224722.20036194357 -0.17 -11.23
Jul 2022 226647.20342301636 0.86 -9.10
Aug 2022 223543.63059666727 -1.37 -8.30
Sep 2022 219282.83158934867 -1.91 -8.45
Oct 2022 215971.4124773957 -1.51 -8.72
Nov 2022 210899.35963807013 -2.35 -10.50
Dec 2022 210313.74257200788 -0.28 -9.57
Jan 2023 212833.0896609832 1.20 -6.79
Feb 2023 206705.73314845335 -2.88 -8.40
Mar 2023 208679.22520699984 0.96 -7.29
Apr 2023 209081.92617077197 0.19 -7.66
May 2023 207333.37191939284 -0.84 -7.90
Jun 2023 207736.0413957348 0.19 -7.56
Jul 2023 205527.26821550488 -1.06 -9.32
Aug 2023 203764.59685811182 -0.86 -8.85
Sep 2023 199298.44627428488 -2.19 -9.11
Oct 2023 196162.79040952103 -1.57 -9.17
Nov 2023 194858.7082815854 -0.66 -7.61
Dec 2023 192487.97377840345 -1.22 -8.48
Jan 2024 192103.59739734826 -0.20 -9.74
Feb 2024 193075.8837209938 0.51 -6.59
Mar 2024 194388.14715342625 0.68 -6.85
Apr 2024 196669.94445494463 1.17 -5.94
May 2024 196664.68525378846 0.00 -5.15
Jun 2024 195820.6916819567 -0.43 -5.74
Jul 2024 196292.51995340735 0.24 -4.49
Aug 2024 193972.86266975765 -1.18 -4.80
Sep 2024 192329.27625289594 -0.85 -3.50
Oct 2024 193144.69288547625 0.42 -1.54
Nov 2024 193035.82345124797 -0.06 -0.93
Dec 2024 192537.15035837036 -0.26 0.03
Jan 2025 194421.04944478162 0.98 1.21
Feb 2025 194653.3020186545 0.12 0.82
Mar 2025 196839.04933682978 1.12 1.26
Apr 2025 198193.37010175697 0.69 0.78
May 2025 197888.67438464923 -0.15 0.62
Jun 2025 197521.18069852257 -0.19 0.87
Jul 2025 197348.765993577 -0.09 0.54
Aug 2025 195071.44731686753 -1.15 0.57
Sep 2025 193562.44458489364 -0.77 0.64
Oct 2025 191637.75774463898 -0.99 -0.78
Nov 2025 193954.28988473266 1.21 0.48
Dec 2025 194476.66228059644 0.27 1.01
Jan 2026 195496.7109250295 0.53 0.55
Feb 2026 198196.79645371388 1.38 1.82