Median home value: $206K (+2.9% YoY). Rent: $1,347/mo. Price-to-rent: 12.7x. Part of Hobbs, NM.

Limited Data

Basic Zillow data only. For stress scores, AI analysis, and trends, Hobbs, NM metro page.

Home Value$206,003

+2.9%

Rent$1,347/mo

AFFORDABILITY

Enter your income for Hobbs.

Income (annual)

Down Payment

$41,201 on $206,003

Affordable — 20.1% of income

Under the 28% guideline.

PITI$1,259

P/I20.1%

Afford$286K

Room+$80K

P&I $988Tax $137Ins $133

Buying $88/mo cheaper ($1,347 rent)6.00% 30yr, 20% down, county tax + NM ins. 28% per HUD.

HOBBS, NM