2025 Compare Cities Housing:
Hobbs, NM vs Edgewood, NM

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Highlights
- The median age of a home in Hobbs is 47.9% older than the median age of a home in Edgewood.
 Hobbs, NMEdgewood, NMUnited States
 Median Home Age48  Unlock42
 Median Home Cost  Unlock$319,000$338,100
 Home Appr. Last 12 months6.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock56.4%57.0%
 Home Appr. Last 10 yrs.51.7%  Unlock101.1%
 Property Tax Rate  Unlock$6.5$11.0
 Homes Owned53.6%  Unlock57.4%
 Housing Vacant  Unlock5.5%11.2%
 Homes Rented34.2%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Hobbs, NMEdgewood, NMUnited States
 Average Rent  Unlock$1,650$1,840
 Studio Apartment$710  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,140$1,180
 2 Bedroom Home or Apartment$1,050  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,670$1,860
 4 Bedroom Home or Apartment$1,510  Unlock$2,160
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 Vacant Housing
 Hobbs, NMEdgewood, NMUnited States
 Vacant For Rent  Unlock1.3%1.9%
 Vacant Rented0.5%  Unlock0.4%
 Vacant For Sale  Unlock0.4%0.7%
 Vacant Sold0.7%  Unlock0.4%
 Vacant Vacation  Unlock0.0%3.6%
 Vacant Other5.0%  Unlock4.1%
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 Owner-Occupied Housing Value
 Hobbs, NMEdgewood, NMUnited States
 Less Than $20,000  Unlock1.0%2.6%
 $20,000 to $39,9992.4%  Unlock2.4%
 $40,000 to $59,999  Unlock0.5%2.8%
 $60,000 to $79,9998.7%  Unlock3.9%
 $80,000 to $99,999  Unlock1.3%4.5%
 $100,000 to $149,99922.0%  Unlock11.3%
 $150,000 to $199,999  Unlock18.6%13.0%
 $200,000 to $299,99916.0%  Unlock20.1%
 $300,000 to $399,999  Unlock21.5%13.6%
 $400,000 to $499,9990.7%  Unlock8.3%
 $500,000 to $749,999  Unlock4.2%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, NMEdgewood, NMUnited States
 2015 and Newer0.6%  Unlock0.2%
 2010 to 2014  Unlock31.7%13.6%
 2000 to 20097.0%  Unlock13.6%
 1990 to 1999  Unlock42.8%13.6%
 1980 to 198911.1%  Unlock13.2%
 1970 to 1979  Unlock3.0%14.8%
 1960 to 19694.7%  Unlock13.6%
 1950 to 1959  Unlock0.0%10.0%
 1940 to 19494.5%  Unlock4.7%
 1939 or Earlier  Unlock2.4%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 Edgewood    4 Reviews

Over 10 years ago

Located in Santa Fe county, NM. Retired here from the Air Force. Quick access to Albuquerque (20 min). Climate is mild in the summer, snow melts in a day typically in  More

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Over 15 years ago

When we moved to the area many years ago, our neighbors came and introduced themselves. For the most part, we have left each other alone since then---unless we or they  More

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Over 17 years ago

If there was one word to describe Edgewood, NM it would be the word "indignant". It is friendly and welcoming on the surface; churches, schools, community. But if you  More

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