2025 Compare Cities Housing:
Cortez, CO vs Hobbs, NM

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Highlights
- The median age of a home in Cortez is 0.0% younger than the median age of a home in Hobbs.
 Cortez, COHobbs, NMUnited States
 Median Home Age48  Unlock42
 Median Home Cost  Unlock$157,100$338,100
 Home Appr. Last 12 months19.8%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock33.1%57.0%
 Home Appr. Last 10 yrs.97.1%  Unlock101.1%
 Property Tax Rate  Unlock$4.7$11.0
 Homes Owned52.6%  Unlock57.4%
 Housing Vacant  Unlock12.2%11.2%
 Homes Rented35.1%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Cortez, COHobbs, NMUnited States
 Average Rent  Unlock$1,340$1,840
 Studio Apartment$840  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$800$1,180
 2 Bedroom Home or Apartment$1,120  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,360$1,860
 4 Bedroom Home or Apartment$1,900  Unlock$2,160
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 Vacant Housing
 Cortez, COHobbs, NMUnited States
 Vacant For Rent  Unlock4.2%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock1.2%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.7%3.6%
 Vacant Other3.7%  Unlock4.1%
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 Owner-Occupied Housing Value
 Cortez, COHobbs, NMUnited States
 Less Than $20,000  Unlock3.6%2.6%
 $20,000 to $39,9990.0%  Unlock2.4%
 $40,000 to $59,999  Unlock3.6%2.8%
 $60,000 to $79,9990.5%  Unlock3.9%
 $80,000 to $99,999  Unlock11.4%4.5%
 $100,000 to $149,99918.8%  Unlock11.3%
 $150,000 to $199,999  Unlock21.0%13.0%
 $200,000 to $299,99917.7%  Unlock20.1%
 $300,000 to $399,999  Unlock5.0%13.6%
 $400,000 to $499,9992.3%  Unlock8.3%
 $500,000 to $749,999  Unlock5.1%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
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 Housing Units By Year Built
 Cortez, COHobbs, NMUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock7.0%13.6%
 2000 to 200910.9%  Unlock13.6%
 1990 to 1999  Unlock4.7%13.6%
 1980 to 19899.9%  Unlock13.2%
 1970 to 1979  Unlock19.5%14.8%
 1960 to 196911.2%  Unlock13.6%
 1950 to 1959  Unlock19.1%10.0%
 1940 to 19499.7%  Unlock4.7%
 1939 or Earlier  Unlock2.9%12.2%
Reviews for Cortez    6 Reviews

A digital nomad / nature lover's sunny, perfect weather paradise, at half the cost of touristy Durango. Cortez is Colorado's under-the-radar town that's mostly only  More

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I moved out to Cortez, Colorado after a 30 day trip around the US. Of all the places I visited, this was the place I deemed best to move for a multitude of reasons. It  More

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I've live on this area and cannot recommend it to anyone. Cortez and Montezuma county are horrible. School are bad. After meeting several local teachers I am surprised  More

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Reviews for Hobbs    3 Reviews

Over 10 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 15 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 17 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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