Hobbs (City), New Mexico - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in Hobbs (City), New Mexico in February 2026 was $209,664.471. The month over month percentage change (MoM) was 1.01%, and the year over year percentage change (YoY) was 3.15%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for Hobbs (City), NM. The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for Hobbs (City), NM.

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

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 (City), NM - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Hobbs (City), NM - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 211250.02199467042 -0.37 6.35
Feb 2015 211487.50418064196 0.11 4.09
Mar 2015 212089.2282926729 0.28 2.91
Apr 2015 214430.51880170754 1.10 3.39
May 2015 215235.05663116355 0.38 4.07
Jun 2015 215324.0282462662 0.04 4.43
Jul 2015 214408.4849587763 -0.42 3.58
Aug 2015 213790.82415179966 -0.29 2.28
Sep 2015 213312.3206591359 -0.22 1.46
Oct 2015 213602.24285094556 0.14 1.33
Nov 2015 211387.5888530668 -1.04 0.20
Dec 2015 209288.09785837113 -0.99 -1.29
Jan 2016 206112.51292605724 -1.52 -2.43
Feb 2016 204508.0514784985 -0.78 -3.30
Mar 2016 203247.47881892967 -0.62 -4.17
Apr 2016 202748.76391820065 -0.24 -5.45
May 2016 203269.34650135887 0.26 -5.56
Jun 2016 204096.04603692362 0.41 -5.21
Jul 2016 205497.1663119461 0.69 -4.16
Aug 2016 207523.8859964345 0.99 -2.93
Sep 2016 208863.65667177003 0.65 -2.09
Oct 2016 209106.3142009394 0.12 -2.10
Nov 2016 208666.6070418479 -0.21 -1.29
Dec 2016 208791.9207731397 0.06 -0.24
Jan 2017 208124.64074002524 -0.32 0.98
Feb 2017 207839.06371028456 -0.14 1.63
Mar 2017 206623.85806007753 -0.58 1.66
Apr 2017 205602.2200053524 -0.49 1.41
May 2017 204004.19269103467 -0.78 0.36
Jun 2017 203203.05617493228 -0.39 -0.44
Jul 2017 203874.54042847198 0.33 -0.79
Aug 2017 203825.6530233787 -0.02 -1.78
Sep 2017 203743.0651978529 -0.04 -2.45
Oct 2017 204103.5418998965 0.18 -2.39
Nov 2017 206694.43087467054 1.27 -0.94
Dec 2017 209856.4878702961 1.53 0.51
Jan 2018 211829.13931219923 0.94 1.78
Feb 2018 212142.0710786228 0.15 2.07
Mar 2018 212845.41097533796 0.33 3.01
Apr 2018 213027.32619384208 0.09 3.61
May 2018 212773.82360939463 -0.12 4.30
Jun 2018 210766.62788518006 -0.94 3.72
Jul 2018 209195.8200827795 -0.74 2.61
Aug 2018 207502.51025619672 -0.81 1.80
Sep 2018 207611.6470664218 0.05 1.90
Oct 2018 209413.293166242 0.87 2.60
Nov 2018 213018.04995074487 1.72 3.06
Dec 2018 216281.43254932962 1.53 3.06
Jan 2019 216986.0560032576 0.33 2.43
Feb 2019 215678.6054131592 -0.60 1.67
Mar 2019 213890.06858961072 -0.83 0.49
Apr 2019 215573.25459963875 0.79 1.20
May 2019 219262.32127910233 1.71 3.05
Jun 2019 223363.13986173042 1.87 5.98
Jul 2019 225753.9849672081 1.07 7.92
Aug 2019 226496.73456312742 0.33 9.15
Sep 2019 226915.86375706558 0.19 9.30
Oct 2019 227470.52360655824 0.24 8.62
Nov 2019 229365.97929742606 0.83 7.67
Dec 2019 232181.90012926716 1.23 7.35
Jan 2020 233392.3921234554 0.52 7.56
Feb 2020 233889.92928590227 0.21 8.44
Mar 2020 232293.3562491154 -0.68 8.60
Apr 2020 232117.9551399719 -0.08 7.68
May 2020 231596.78923100044 -0.22 5.63
Jun 2020 231970.70551240808 0.16 3.85
Jul 2020 232522.51604176138 0.24 3.00
Aug 2020 233740.8877687957 0.52 3.20
Sep 2020 236783.42296951203 1.30 4.35
Oct 2020 239750.25037685168 1.25 5.40
Nov 2020 242994.86744935307 1.35 5.94
Dec 2020 244896.16536076143 0.78 5.48
Jan 2021 246256.45629915138 0.56 5.51
Feb 2021 247294.11508029277 0.42 5.73
Mar 2021 246492.59127404718 -0.32 6.11
Apr 2021 244482.97155967006 -0.81 5.33
May 2021 241383.60698482362 -1.27 4.23
Jun 2021 239670.22750476422 -0.71 3.32
Jul 2021 237811.72924236496 -0.77 2.28
Aug 2021 234632.0683251364 -1.34 0.38
Sep 2021 230346.31581785146 -1.83 -2.72
Oct 2021 227140.6323741216 -1.39 -5.26
Nov 2021 226335.5716048757 -0.35 -6.86
Dec 2021 226069.2394059716 -0.12 -7.69
Jan 2022 225849.209081275 -0.10 -8.29
Feb 2022 225384.84304629883 -0.21 -8.86
Mar 2022 224897.23362977765 -0.22 -8.76
Apr 2022 224054.51984937114 -0.37 -8.36
May 2022 222601.88701192767 -0.65 -7.78
Jun 2022 220911.96137366476 -0.76 -7.83
Jul 2022 219781.47483486062 -0.51 -7.58
Aug 2022 218283.60385279238 -0.68 -6.97
Sep 2022 216564.10176077485 -0.79 -5.98
Oct 2022 214130.15472538836 -1.12 -5.73
Nov 2022 211845.21918741066 -1.07 -6.40
Dec 2022 210996.42648460701 -0.40 -6.67
Jan 2023 212298.53859117642 0.62 -6.00
Feb 2023 213122.4226391871 0.39 -5.44
Mar 2023 213594.51696030967 0.22 -5.03
Apr 2023 211841.19021814727 -0.82 -5.45
May 2023 210728.8523204692 -0.52 -5.33
Jun 2023 208930.89131751595 -0.85 -5.42
Jul 2023 207239.92113082585 -0.81 -5.71
Aug 2023 205897.5766281623 -0.65 -5.67
Sep 2023 204139.37852862547 -0.85 -5.74
Oct 2023 202505.97475752534 -0.80 -5.43
Nov 2023 201390.662984108 -0.55 -4.93
Dec 2023 200839.30730954403 -0.27 -4.81
Jan 2024 200896.6467239847 0.03 -5.37
Feb 2024 201703.8817893467 0.40 -5.36
Mar 2024 203058.02277422475 0.67 -4.93
Apr 2024 204234.40797046947 0.58 -3.59
May 2024 204071.52622771575 -0.08 -3.16
Jun 2024 202861.09162767616 -0.59 -2.90
Jul 2024 201547.54460522754 -0.65 -2.75
Aug 2024 200040.74186658778 -0.75 -2.84
Sep 2024 199125.27018352717 -0.46 -2.46
Oct 2024 198935.51684588703 -0.09 -1.76
Nov 2024 199635.45778054322 0.35 -0.87
Dec 2024 200571.4018673197 0.47 -0.13
Jan 2025 201739.79940174706 0.58 0.42
Feb 2025 203266.4104783245 0.76 0.78
Mar 2025 205223.25164496255 0.96 1.07
Apr 2025 206120.95737737665 0.44 0.92
May 2025 206245.12775172535 0.06 1.07
Jun 2025 205510.64899674585 -0.36 1.31
Jul 2025 205071.84040567488 -0.21 1.75
Aug 2025 204703.9007745393 -0.18 2.33
Sep 2025 204619.66529223183 -0.04 2.76
Oct 2025 204187.0775214934 -0.21 2.64
Nov 2025 204819.15881799976 0.31 2.60
Dec 2025 205794.061022353 0.48 2.60
Jan 2026 207569.7426463279 0.86 2.89
Feb 2026 209664.47065593788 1.01 3.15