2025 Compare Cities Housing:
Hobbs, NM vs Big Spring, TX

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Highlights
- The median age of a home in Hobbs is 18.8% younger than the median age of a home in Big Spring.
 Hobbs, NMBig Spring, TXUnited States
 Median Home Age48  Unlock42
 Median Home Cost  Unlock$122,900$338,100
 Home Appr. Last 12 months6.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock34.1%57.0%
 Home Appr. Last 10 yrs.51.7%  Unlock101.1%
 Property Tax Rate  Unlock$13.1$11.0
 Homes Owned53.6%  Unlock57.4%
 Housing Vacant  Unlock12.0%11.2%
 Homes Rented34.2%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Hobbs, NMBig Spring, TXUnited States
 Average Rent  Unlock$1,300$1,840
 Studio Apartment$710  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$890$1,180
 2 Bedroom Home or Apartment$1,050  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,320$1,860
 4 Bedroom Home or Apartment$1,510  Unlock$2,160
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 Vacant Housing
 Hobbs, NMBig Spring, TXUnited States
 Vacant For Rent  Unlock3.5%1.9%
 Vacant Rented0.5%  Unlock0.4%
 Vacant For Sale  Unlock0.5%0.7%
 Vacant Sold0.7%  Unlock0.4%
 Vacant Vacation  Unlock0.2%3.6%
 Vacant Other5.0%  Unlock4.1%
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 Owner-Occupied Housing Value
 Hobbs, NMBig Spring, TXUnited States
 Less Than $20,000  Unlock5.5%2.6%
 $20,000 to $39,9992.4%  Unlock2.4%
 $40,000 to $59,999  Unlock12.5%2.8%
 $60,000 to $79,9998.7%  Unlock3.9%
 $80,000 to $99,999  Unlock6.9%4.5%
 $100,000 to $149,99922.0%  Unlock11.3%
 $150,000 to $199,999  Unlock20.9%13.0%
 $200,000 to $299,99916.0%  Unlock20.1%
 $300,000 to $399,999  Unlock4.1%13.6%
 $400,000 to $499,9990.7%  Unlock8.3%
 $500,000 to $749,999  Unlock0.6%9.7%
 $750,000 to $999,9990.6%  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
 Hobbs, NMBig Spring, TXUnited States
 2015 and Newer0.6%  Unlock0.2%
 2010 to 2014  Unlock4.4%13.6%
 2000 to 20097.0%  Unlock13.6%
 1990 to 1999  Unlock4.4%13.6%
 1980 to 198911.1%  Unlock13.2%
 1970 to 1979  Unlock14.2%14.8%
 1960 to 19694.7%  Unlock13.6%
 1950 to 1959  Unlock28.8%10.0%
 1940 to 19494.5%  Unlock4.7%
 1939 or Earlier  Unlock3.8%12.2%
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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Reviews for Big Spring    4 Reviews

I lived in Big Spring for a few years.i loved it.Being from the East it was an adventure. Cactus,roadrunners,rodeos,rattlesnake roundup.cattle,possum kingdom lake.I  More

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Over 8 years ago

We picked Big Spring over Midland because of the rolling hills and nature. True there isn't a lot to do here except hike or run the mountain. There is a small movie  More

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Over 16 years ago

One of the worse places to live in the United States. Ranks in the top 17 Texas cities with the highest property taxes. Ranks at the extreme low end of education  More

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