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Rural ResidenceResidential
$178,161
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 90How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

HOBBS, NM 88240
0
Baths
640 ac
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$178K
$160K low$196K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$509 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$33,123 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$23,928
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$9,195
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$32,840
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$51,513

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.43
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
94
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
87
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
14
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
20
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.undetermined

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Rural Residence
CountyLea
Lot (acres)The size of the land the home sits on, from county records.640.00
HeatingThe type of heating system in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Lovington High SchoolB
High · Grades 10–12 · 7.5 mi
M
Taylor Middle SchoolC+
Middle · Grades 7–8 · 8.0 mi
E
Lea Elementary SchoolD
Elementary · Grades 1–1 · 8.6 mi

District: Lovington Public Schools

Neighborhood · ZIP 88240These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.105
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.103
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.47

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.8.1%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.21%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.44,287
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.49 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$64,980
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$81,239
Average tempThe average temperature here across a full year.61°F
Annual precipHow much rain and melted snow falls here in a typical year.15 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.74%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the largest lots in Hobbs 88240

What homes are worth in Hobbs 88240

Each bar is how many homes fall in that price range. The marker is this home.

This home
$61K$457K

This home is worth more than 57% of homes in Hobbs 88240.

How it measures up in Hobbs 88240

The dot is this home. The mark in the middle is the typical home in Hobbs 88240.

Estimated value$178,161
CheaperTypical $159,400Pricier

Pricier than 57% of homes nearby

Lot size640 ac
SmallerTypical 0.24 acBigger

Bigger than almost all homes nearby

How ranks against every home in each area.
MeasureThis homeHobbs 88240Lea County
Estimated valuepricier than$178,16157% of homes51% of homes
Lot sizebigger than640 acalmost all homesalmost all homes

About

How much is , Hobbs, NM worth?

The TopHap Estimate for , Hobbs, NM is $178,161 as of Aug 30, 2026. The likely range is $159,850 to $196,472. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

What schools serve , Hobbs, NM?

, Hobbs, NM is assigned to Lovington High School (high), rated B; Taylor Middle School (middle), rated C+; Lea Elementary School (elementary), rated D. All sit in Lovington Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does , Hobbs, NM compare to other homes in Hobbs 88240?

Among the 16,400 homes in Hobbs 88240, it is worth more than 57% of them ($178,161 against a typical $159,400) and its lot is bigger than almost all of them (640 ac against a typical 0.24 ac). Measured against all of Lea County, it is worth more than 51% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on , Hobbs, NM?

The 2024 property tax bill for , Hobbs, NM was $509. The county assessed it at $33,123.

Closest homes

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Assigned schools

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