Hobbs city: Median Home Value Trend
How Hobbs city's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$123,100
2023
$180,700
Total change
+$57,600
% change
+46.8%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $123,100 | — |
| 2019 | $140,600 | +$17,500 (14.2%) |
| 2020 | $144,000 | +$3,400 (2.4%) |
| 2021 | $146,300 | +$2,300 (1.6%) |
| 2022 | $165,000 | +$18,700 (12.8%) |
| 2023 | $180,700 | +$15,700 (9.5%) |