Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the North Hobbs area can be challenging. Home prices in North Hobbs are now at a median cost of $218,946, higher than the New Mexico average of $199,923.
The average cost of rent is $1,001/mo in North Hobbs, primarily driven by the current value of real estate in the North Hobbs area. While nearly 38.85% of residents own their homes outright in North Hobbs, 22.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in North Hobbs is $6,716 per month. Households that rent pay about 14.91% of their income on rent here. North Hobbs's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Hobbs, NM: less expensive homes
- Humble City, NM: equally priced homes
- Nadine, NM: less expensive homes
- Monument, NM: less expensive homes
- Higginbotham, TX: higher priced homes
- Caprock, NM: less expensive homes
- Knowles, NM: less expensive homes
- Seminole, TX: less expensive homes
- Seagraves, TX: less expensive homes
- Loop, TX: less expensive homes
Cities with Similar Populations
- Venice Gardens, FL: higher priced homes
- Bigfork, MT: higher priced homes
- Blairstown, NJ: higher priced homes
- Blountsville, AL: less expensive homes
- Bluefield, VA: less expensive homes
- Bolivar, TN: less expensive homes
- Boulder Creek, CA: higher priced homes
- Bowdon, GA: less expensive homes
- Vandenberg Village, CA: higher priced homes
- Vassar, MI: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood