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New Construction Homes in Hobbs, NM

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  • /34

    $685,000 Custom Home

    1021 W Cambridge, Hobbs, NM 88242

    • 4 Beds
    • 2 Baths
    • 2,473 Sq Ft

    Are you looking for a new, custom home with contemporary amenities? Look no more this Beautiful, Westminster home is just what you have been waiting for. This home features beautiful Black & Gold appliances and accents throughout. An Open floor plan open to the formal dining, large kitchen and living area and all looking out to a covered patio complete with an outdoor kitchen & fireplace! This

    Tracy Coleman Edge Realty Group

    1021 W Cambridge, Hobbs, NM 88242
  • /2

    $3,669,494 Lot/Land

    TBD Tract 3 Millen (South Side), Hobbs, NM 88240

    • 10.53 Acres
    • $348,480 per Acre

    10.53 acres great frontage on Millen right next to the new Covenant site. Perfect for Retail, shopping center, restaurant or office space.

    Tracy Coleman Edge Realty Group

    TBD Tract 3 Millen (South Side), Hobbs, NM 88240
  • /2

    $1,499,000 Lot/Land

    TBD Buena Suerta Dr, Hobbs, NM 88242

    • 6.61 Acres
    • $226,778 per Acre

    Prime 7-Acre Property with 23 Acres of Water Rights – Ready for Your Cannabis Operation Unlock unlimited potential with this 7-acre tract of land, complete with 23 acres of water rights to ensure your growth needs are met year-round. This fully-equipped property includes a massive 10,000 sqft concrete pad, an irrigation well, a domestic well, and a septic system—all already installed and ready

    Rodney Davis UNITED REALTY, LLC - HOBBS

    TBD Buena Suerta Dr, Hobbs, NM 88242
  • /6

    $420,000 Lot/Land

    TBD E Starlight Rd, Hobbs, NM 88240

    • 45.05 Acres
    • $9,323 per Acre

    45 Acres of Land for Sale, Owner finance available with flexible terms

    Cesar Jimenez Rivas Real Estate Team Co.

    TBD E Starlight Rd, Hobbs, NM 88240
  • /2

    $125,000 Lot/Land

    TBD Buffalo Rd, Hobbs, NM 88242

    • 6.52 Acres
    • $19,172 per Acre

    Looking for land to build your dream home? Look no further! This 6.52-acre site-built only Lot in the desirable Home on the Range subdivision offers endless possibilities. Located in a peaceful cul-de-sac this property provides ample space to create your perfect retreat. Don't miss out on this opportunity to build your dream home!

    LISA MELENDEZ Motion Realty, LLC

    TBD Buffalo Rd, Hobbs, NM 88242
  • /3

    $320,000 Lot/Land

    TBD N Thorp St, Hobbs, NM 88240

    • 9.11 Acres
    • $35,126 per Acre

    9 Acres of raw land with amazing potential just North of Hobbs, NM. OWNER FINANCE AVAILABLE

    Clarissa Reyes UNITED REALTY, LLC - HOBBS

    TBD N Thorp St, Hobbs, NM 88240
  • /2

    $210,000 Lot/Land

    516 E Pinson Rd, Hobbs, NM 88242

    • 18.88 Acres
    • $11,123 per Acre

    18.88 +- acres of VACANT LAND. Perfect spot for you to build your dream home with acreage or a commercial building. Take a look, it might be the right place for you.

    Jason Stine Edge Realty Group

    516 E Pinson Rd, Hobbs, NM 88242
  • /3

    $2,021,184 Lot/Land

    000 Lot 20, Hobbs, NM 88240

    • 5.8 Acres
    • $348,480 per Acre

    Suerte Land Group now offers a variety of different land options to accommodate your next development. Situated in a vastly growing area in the heart of Lea County, this land is surrounded by large facilities including the CORE Center of Recreational Excellence, the new Covenant Hospital, Zia Park Racetrack and Casino, Lea County Event Center, NMJC, and much more. Lot 20 is located on Suerte

    Kali Taylor CORE REALTY GROUP

    000 Lot 20, Hobbs, NM 88240
  • /2

    $225,000 Lot/Land

    TBD N Marland Blvd, Hobbs, NM 88240

    • 1.57 Acres
    • $143,102 per Acre

    1.33 ACRES OF PRIME PROPERTY LOCATED ON N. MARLAND. GREAT LOCATION FOR RETAIL, COMMERCIAL AND MANY OTHER USES! Located between an RV Park and Family Dollar.

    Cindy Shoobridge ROBINSON & ASSOCIATES REAL ESTATE

    TBD N Marland Blvd, Hobbs, NM 88240
  • /5

    $800,000 Lot/Land

    4640 N Lovington Hwy, Hobbs, NM 88240

    • 2.3 Acres
    • $347,826 per Acre

    This 2.3-acre property offers an excellent investment opportunity in a busy area of Hobbs, New Mexico. Located at 4640 N. Lovington Highway, the site benefits from outstanding exposure along one of the city’s well-traveled roads, providing strong visibility for businesses and future development.The property sits just south of the new Covenant Hospital, making it especially attractive for

    Erin Anderson PERMIAN REAL ESTATE

    4640 N Lovington Hwy, Hobbs, NM 88240
  • /2

    $150,000 Lot/Land

    TBD Buffalo Rd, Hobbs, NM 88242

    • 8 Acres
    • $18,750 per Acre

    Looking for land to build your dream home? Look no further! This 8.00-acre site-built only Lot in the desirable Home on the Range subdivision offers endless possibilities. Located in a peaceful cul-de-sac this property provides ample space to create your perfect retreat. Don't miss out on this opportunity to build your dream home!

    LISA MELENDEZ Motion Realty, LLC

    TBD Buffalo Rd, Hobbs, NM 88242
  • /2

    $105,000 Lot/Land

    000 TBD E Kansas St, Hobbs, NM 88242

    • 5 Acres
    • $21,000 per Acre

    Nice Flat 5 acre tract of land on the North side of Hobbs

    Bobby Shaw BURKETT - SHAW REALTY / HOBBS

    000 TBD E Kansas St, Hobbs, NM 88242
  • /2

    $150,000 Lot/Land

    TBD E Stanolind Rd, Hobbs, NM 88240

    • 10 Acres
    • $15,000 per Acre

    Cesar Jimenez Rivas Real Estate Team Co.

    TBD E Stanolind Rd, Hobbs, NM 88240
  • /2

    $80,000 Lot/Land

    1411 E Dunnam St, Hobbs, NM 88240

    • 26,136 Sq Ft
    • $133,333 per Acre

    Improved vacant lot located directly across from a beautiful park—ideal for building a primary residence or investment property. Utilities are already on-site and have been verified by the seller. Buyer is welcome to conduct their own due diligence. Owner financing is available with a reasonable offer. Drive by anytime to view the property!

    Sandra Ortega UNITED REALTY, LLC - HOBBS

    1411 E Dunnam St, Hobbs, NM 88240
  • /2

    $10,000 Lot/Land

    TBD W Marland Blvd, Hobbs, NM 88240

    • 2,178 Sq Ft
    • $200,000 per Acre

    New listing located in a high-traffic area, call for more information

    Aldo Argott UNITED REALTY, LLC - HOBBS

    TBD W Marland Blvd, Hobbs, NM 88240
  • /2

    $7,500,000 Lot/Land

    TBD W College Ln, Hobbs, NM 88242

    • 120 Acres
    • $62,500 per Acre

    Land Opportunity: 120 Acres with 77 Acres of Water Rights - Develop as Commercial or Residential Development. Unlock the potential of 120 Acres of versatile with 77 acres of water rights primed for commercial or residential development. Strategically located with growth and accessibility in mind, this expansive property is a rare opportunity for investors, developers, or builders looking to

    JOSEPHINA MARQUEZ CORE REALTY GROUP

    TBD W College Ln, Hobbs, NM 88242
  • /2

    $58,000 Lot/Land

    5029 W Longtail Rd, Hobbs, NM 88240

    • 7,000 Sq Ft
    • $360,921 per Acre

    Lots Ready for builders and investors! These lots are to be sold in increments of 5 or more. No mobile homes allowed.

    ANGIE QUINTELA ROBINSON & ASSOCIATES REAL ESTATE

    5029 W Longtail Rd, Hobbs, NM 88240
  • /4

    $300,000 Lot/Land

    4901 E Seminole Hwy, Hobbs, NM 88240

    • 4.14 Acres
    • $72,464 per Acre

    4.25 ACRES of Land in PRIME LOCATION Near the NM/TX State Line Located in a high traffic area with frontage access & great Commercial development potential.

    LEEROY RIVAS Rivas Real Estate Team Co.

    4901 E Seminole Hwy, Hobbs, NM 88240
  • /2

    $3,219,935 Lot/Land

    4100 N Lovington Hwy, Hobbs, NM 88240

    • 14.73 Acres
    • $218,597 per Acre

    This ±14.73 acre property comprised of two parcels in Hobbs, NM offers an exceptional opportunity for commercial development. Approximately 330 feet of frontage on Lovington Hwy, this parcel has high visibility and easy access from the main road. The property is adjacent to the popular Texas Roadhouse and is in close proximity to other well-known establishments such as Verizon, Walmart, Holiday

    Erin Anderson PERMIAN REAL ESTATE

    4100 N Lovington Hwy, Hobbs, NM 88240
  • /2

    $59,000 Lot/Land

    5114 Grey Ghost Rd, Hobbs, NM 88240

    • 8,001 Sq Ft
    • $321,176 per Acre

    Lots Ready for builders and investors! These lots are to be sold in increments of 5 or more. No mobile homes allowed.

    ANGIE QUINTELA ROBINSON & ASSOCIATES REAL ESTATE

    5114 Grey Ghost Rd, Hobbs, NM 88240
  • /3

    $784,080 Lot/Land

    000 Lot 23, Hobbs, NM 88240

    • 1.8 Acres
    • $435,600 per Acre

    Suerte Land Group now offers a variety of different land options to accommodate your next development. Situated in a vastly growing area in the heart of Lea County, this land is surrounded by large facilities including the CORE Center of Recreational Excellence, the new Covenant Hospital, Zia Park Racetrack and Casino, Lea County Event Center, NMJC, and much more. Lot 23 is a high traffic lot on

    Kali Taylor CORE REALTY GROUP

    000 Lot 23, Hobbs, NM 88240
  • /2

    $185,000 Lot/Land

    2801 N Dal Paso Space B St, Hobbs, NM 88240

    • 37,026 Sq Ft
    • $217,647 per Acre

    COMMERCIAL OPPORTUNITY! ?? .85 Acres of Prime Commercial Land in Hobbs, NM ??. Unlock your business potential! ?? Gutted building, ready for renovation. ?? Perfect for retail, office, or service-based businesses.

    LISA MELENDEZ Motion Realty, LLC

    2801 N Dal Paso Space B St, Hobbs, NM 88240
  • /2

    $58,000 Lot/Land

    5110 Grey Ghost Rd, Hobbs, NM 88240

    • 7,000 Sq Ft
    • $360,921 per Acre

    Lots Ready for builders and investors! These lots are to be sold in increments of 5 or more. No mobile homes allowed.

    ANGIE QUINTELA ROBINSON & ASSOCIATES REAL ESTATE

    5110 Grey Ghost Rd, Hobbs, NM 88240
  • /2

    $57,000 Lot/Land

    5024 Grey Ghost Rd, Hobbs, NM 88240

    • 6,098 Sq Ft
    • $407,143 per Acre

    Lots Ready for builders and investors! These lots are to be sold in increments of 5 or more. No mobile homes allowed.

    ANGIE QUINTELA ROBINSON & ASSOCIATES REAL ESTATE

    5024 Grey Ghost Rd, Hobbs, NM 88240
  • /7

    $1,950,000 Lot/Land

    6804 N Grimes St, Hobbs, NM 88242

    • 130 Acres
    • $15,000 per Acre

    This rare ±130 acre offering near Hobbs provides outstanding flexibility for farm, ranch or development use. With around 94 acres of adjudicated water rights and three high capacity irrigation wells (approx. 200' deep with water at 120' pumping around 700gpm each), the property offers strong water infrastructure and long term production potential. Improvements feature an updated 3 bed / 2 bath,

    Matthew Smith Found Real Estate

    6804 N Grimes St, Hobbs, NM 88242
  • /3

    $2,509,056 Lot/Land

    000 Lot 11, Hobbs, NM 88242

    • 7.2 Acres
    • $348,480 per Acre

    Suerte Land Group now offers a variety of different land options to accommodate your next development. Situated in a vastly growing area in the heart of Lea County, this land is surrounded by large facilities including the CORE Center of Recreational Excellence, the new Covenant Hospital, Zia Park Racetrack and Casino, Lea County Event Center, NMJC, and much more. Lots 10 and 11 have potential

    Kali Taylor CORE REALTY GROUP

    000 Lot 11, Hobbs, NM 88242
  • /4

    $653,400 Lot/Land

    000 Lot 4, Hobbs, NM 88242

    • 1.5 Acres
    • $435,600 per Acre

    Suerte Land Group now offers a variety of different land options to accommodate your next development. Situated in a vastly growing area in the heart of Lea County, this land is surrounded by large facilities including the CORE Center of Recreational Excellence, the new Covenant Hospital, Zia Park Racetrack and Casino, Lea County Event Center, NMJC, and much more. Lots 2, 3, 4, and 5 have

    Kali Taylor CORE REALTY GROUP

    000 Lot 4, Hobbs, NM 88242
  • /2

    $150,000 Lot/Land

    TBD N Rolling Meadows St, Hobbs, NM 88242

    • 2.4 Acres
    • $62,396 per Acre

    Looking for land to build your dream home? Look no further! Almost 2.5 acres of land in North Hobbs is your perfect location to build your dream home.

    Haley Kinney UNITED REALTY, LLC - HOBBS

    TBD N Rolling Meadows St, Hobbs, NM 88242
  • /2

    $1,850,150 Lot/Land

    TBD Tract One Millen (South Side), Hobbs, NM 88240

    • 10.99 Acres
    • $168,348 per Acre

    10.99 acres right on Millen. Great site for multi-family application.

    Tracy Coleman Edge Realty Group

    TBD Tract One Millen (South Side), Hobbs, NM 88240
  • /2

    $60,000 Lot/Land

    515 E Clinton St, Hobbs, NM 88240

    • 6,751 Sq Ft
    • $387,097 per Acre

    Welcome to this prime corner lot, perfect for your dream site-built or manufactured home! Don't miss out on this spacious two-lot property.

    JOSEPHINA MARQUEZ CORE REALTY GROUP

    515 E Clinton St, Hobbs, NM 88240
  • /3

    $2,996,928 Lot/Land

    000 Lot 10, Hobbs, NM 88242

    • 8.6 Acres
    • $348,480 per Acre

    Suerte Land Group now offers a variety of different land options to accommodate your next development. Situated in a vastly growing area in the heart of Lea County, this land is surrounded by large facilities including the CORE Center of Recreational Excellence, the new Covenant Hospital, Zia Park Racetrack and Casino, Lea County Event Center, NMJC, and much more. Lots 10 and 11 have potential

    Kali Taylor CORE REALTY GROUP

    000 Lot 10, Hobbs, NM 88242
  • /2

    $2,179,500 Lot/Land

    1500 W Marland St, Hobbs, NM 88240

    • 72 Acres
    • $30,271 per Acre

    ****SELLER IS OPEN TO OFFERING PARTIAL ACREAGE OR CUSTOMIZING LOT SUBDIVISIONS TO MEET BUYERS SPECIFICATIONS**** Utilities are located near site. Seller is a Licensed Real estate Agent in California. reat location for Commercial Frontage on Marland (Seminole Highway in Hobbs) and Residential Development just north of Sanger. Located close to Hobbs High, surrounding by businesses, and by Ziaplex

    Annabel Horne BERKSHIRE HATHAWAY HOME SERVICES ENCHANTED LANDS - HOBBS

    1500 W Marland St, Hobbs, NM 88240
  • /2

    $110,000 Lot/Land

    TBD Scenic Dr, Hobbs, NM 88240

    • 18,900 Sq Ft
    • $253,515 per Acre

    NEW LOTS ON THE MARKET! IF YOUR WANTING TO BUILD YOUR DREAM HOME NEXT TO GREENMEADOW LAKE IN HOBBS NEW MEXICO, THIS LAND IS FOR YOU.

    Giovanni Ornelas Rivas Real Estate Team Co.

    TBD Scenic Dr, Hobbs, NM 88240
  • /2

    $3,086,801 Lot/Land

    TBD Millen (Between Adele & Daniels), Hobbs, NM 88240

    • 8.86 Acres
    • $348,397 per Acre

    8.8579 acres frontage on Millen perfect for retail, restaurant or office space!

    Tracy Coleman Edge Realty Group

    TBD Millen (Between Adele & Daniels), Hobbs, NM 88240
  • /2

    $337,154 Lot/Land

    TBD W County, Hobbs, NM 88240

    • 4.3 Acres
    • $78,499 per Acre

    PRIME LOCATION FOR ANY NEW COMMERCIAL BUILDING OR YARD! 3.87 +- ACRES NOW AVAILABLE!

    Cindy Shoobridge ROBINSON & ASSOCIATES REAL ESTATE

    TBD W County, Hobbs, NM 88240
  • /2

    $59,000 Lot/Land

    5114 W Longtail Rd, Hobbs, NM 88240

    • 8,001 Sq Ft
    • $321,176 per Acre

    Lots Ready for builders and investors! These lots are to be sold in increments of 5 or more. No mobile homes allowed.

    ANGIE QUINTELA ROBINSON & ASSOCIATES REAL ESTATE

    5114 W Longtail Rd, Hobbs, NM 88240
  • /3

    $160,000 Lot/Land

    TBD N Rolling Meadows St, Hobbs, NM 88242

    • 1.97 Acres
    • $81,384 per Acre

    Discover the perfect place to build your dream home on this beautiful nearly 2-acre parcel in North Hobbs. This spacious property offers plenty of room for a custom home, shop, or outdoor living space, giving you the freedom to create the lifestyle you've been dreaming of. Take in the breathtaking New Mexico sunsets, wide-open skies, and endless views that make this area so special. Whether

    Haley Kinney UNITED REALTY, LLC - HOBBS

    TBD N Rolling Meadows St, Hobbs, NM 88242
  • /3

    $566,280 Lot/Land

    000 Lot 15, Hobbs, NM 88242

    • 1.3 Acres
    • $435,600 per Acre

    Suerte Land Group now offers a variety of different land options to accommodate your next development. Situated in a vastly growing area in the heart of Lea County, this land is surrounded by large facilities including the CORE Center of Recreational Excellence, the new Covenant Hospital, Zia Park Racetrack and Casino, Lea County Event Center, NMJC, and much more. Lots 12, 13, 15, 16, and 18 have

    Kali Taylor CORE REALTY GROUP

    000 Lot 15, Hobbs, NM 88242
  • /4

    $1,829,520 Lot/Land

    000 Lot 2, Hobbs, NM 88242

    • 4.2 Acres
    • $435,600 per Acre

    Suerte Land Group now offers a variety of different land options to accommodate your next development. Situated in a vastly growing area in the heart of Lea County, this land is surrounded by large facilities including the CORE Center of Recreational Excellence, the new Covenant Hospital, Zia Park Racetrack and Casino, Lea County Event Center, NMJC, and much more. Lots 2, 3, 4, and 5 have

    Kali Taylor CORE REALTY GROUP

    000 Lot 2, Hobbs, NM 88242
  • /2

    $1,180,476 Lot/Land

    TBD Synergy Dr, Hobbs, NM 88242

    • 2.71 Acres
    • $435,600 per Acre

    Prime commercial opportunity in a rapidly growing area! This tract offers approximately 2.71 acres of vacant land positioned in a high-traffic location near the CORE Recreation Center, Event Center, and the local Casino and Racetrack—bringing consistent visibility and activity to the area. This property features excellent access with road frontage and sits just off a main intersection. Surrounded

    Amanda Smith CORE REALTY GROUP

    TBD Synergy Dr, Hobbs, NM 88242

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Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Hobbs, NM usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Hobbs, NM hold their value?
Yes, especially in fast-growing areas of Hobbs, NM. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Hobbs, NM

Housing Trends

Median Sale Price
$313,250
Median Single Family Sale Price
$312,500
Average Price Per Sq Ft
$174
Number of Homes for Sale
7
Last 12 months Home Sales
80
Months of Supply
1.10
Median List Price
$335,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%
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