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2024 Compare Cities Housing:
Hobbs, NM vs Key West, FL

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Highlights
- The median age of a home in Hobbs is 12.5% younger than the median age of a home in Key West.

Housing
 Hobbs, NMKey West, FLUnited States
 Median Home Age485442
 Median Home Cost$157,100$1,015,000$338,100
 Home Appr. Last 12 months6.2%26.6%16.6%
 Home Appr. Last 5 yrs.33.1%78.0%57.0%
 Home Appr. Last 10 yrs.51.7%189.0%101.1%
 Property Tax Rate$4.7$5.0$11.0
 Homes Owned53.6%35.3%57.4%
 Housing Vacant12.2%23.0%11.2%
 Homes Rented34.2%41.7%31.4%
 space
 Avg Rent For Home Or Apartment
 Hobbs, NMKey West, FLUnited States
 Average Rent$1,340$4,830$1,840
 Studio Apartment$710$2,860$1,080
 1 Bedroom Home or Apartment$800$3,050$1,180
 2 Bedroom Home or Apartment$1,050$3,860$1,430
 3 Bedroom Home or Apartment$1,360$4,900$1,860
 4 Bedroom Home or Apartment$1,510$6,550$2,160
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 Vacant Housing
 Hobbs, NMKey West, FLUnited States
 Vacant For Rent4.2%7.6%1.9%
 Vacant Rented0.5%0.1%0.4%
 Vacant For Sale1.2%1.0%0.7%
 Vacant Sold0.7%0.0%0.4%
 Vacant Vacation0.7%10.1%3.6%
 Vacant Other5.0%4.2%4.1%
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 Owner-Occupied Housing Value
 Hobbs, NMKey West, FLUnited States
 Less Than $20,0003.6%0.6%2.6%
 $20,000 to $39,9992.4%0.4%2.4%
 $40,000 to $59,9993.6%0.8%2.8%
 $60,000 to $79,9998.7%0.3%3.9%
 $80,000 to $99,99911.4%0.2%4.5%
 $100,000 to $149,99922.0%0.2%11.3%
 $150,000 to $199,99921.0%0.7%13.0%
 $200,000 to $299,99916.0%3.5%20.1%
 $300,000 to $399,9995.0%7.4%13.6%
 $400,000 to $499,9990.7%9.7%8.3%
 $500,000 to $749,9995.1%28.7%9.7%
 $750,000 to $999,9990.6%28.3%3.9%
 $1,000,000 to $1,499,9990.0%8.8%2.2%
 $1,500,000 to $1,999,9990.0%5.9%0.8%
 $2,000,000 and over0.0%4.5%1.1%
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 Housing Units By Year Built
 Hobbs, NMKey West, FLUnited States
 2015 and Newer0.6%0.0%0.2%
 2010 to 20147.0%6.6%13.6%
 2000 to 20097.0%6.6%13.6%
 1990 to 19994.7%11.0%13.6%
 1980 to 198911.1%15.6%13.2%
 1970 to 197919.5%9.8%14.8%
 1960 to 19694.7%11.0%13.6%
 1950 to 195919.1%11.5%10.0%
 1940 to 19494.5%5.0%4.7%
 1939 or Earlier2.9%22.5%12.2%

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Reviews for Hobbs    3 Reviews

Over 9 years ago

Hobbs, New Mexico is a growing city on the eastern edge of the New Mexico- texas border. The people are friendly and hard working. The school system is in the top tier  More

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Over 14 years ago

Hobbs is the worst place in the U.S. to live. People that live here are snobs and they aren't helpful at all. Forget about getting a job here. If they don't like you,  More

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Over 16 years ago

Pros: 1. Extremely low cost of living and housing for region 2. Affordable place to live 3. Nice physical setting and climate Cons: 1. Very high crime rate 2.  More

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Reviews for Key West    7 Reviews

I was raised in Key West since 1980, these average cost prices for rent that you are seeing were not even accurate then, let alone now in 2021. The average cost of  More

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Over 8 years ago

Like the  More

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I have lived in Key West for the last seven years. During that time, I have observed very little change in the cost of living. I work for a national company that pays  More

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ZIPS IN HOBBS, NEW MEXICO
88240
ZIPS IN KEY WEST, FLORIDA
33040

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