Investor-grade market analytics for Hobbs, New Mexico. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$202,472
+1.5% year-over-year
8.6%
gross annual
-5.9%
base case (Zillow ZHVF)
-5.9% year-over-year
Migration: Top 71% nationally
In-migrants avg $45,973 AGI vs out-migrants $70,449
Opportunity Zone Market
1 ZIP codes in Hobbs are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Hobbs, NM is in a stabilization phase with 1.5% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability remains favorable with a price-to-income ratio of 2.95x, below the national average of 4.8x. Climate risk is moderate (50/100) with manageable exposure. Rental yield of 8.62% is strong, making this market attractive for buy-and-hold investors.
12-month projection (Zillow ZHVF model)
Hobbs, NM's primary climate exposure is wildfire (70/100). The composite climate risk score of 50/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. Buyers should consider climate-related insurance costs and potential future regulatory changes.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.