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

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Highlights
- The median age of a home in Hobbs is 18.8% older than the median age of a home in Farmington.
 Hobbs, NMFarmington, NMUnited States
 Median Home Age48  Unlock42
 Median Home Cost  Unlock$216,100$338,100
 Home Appr. Last 12 months6.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock33.6%57.0%
 Home Appr. Last 10 yrs.51.7%  Unlock101.1%
 Property Tax Rate  Unlock$6.6$11.0
 Homes Owned53.6%  Unlock57.4%
 Housing Vacant  Unlock11.4%11.2%
 Homes Rented34.2%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Hobbs, NMFarmington, NMUnited States
 Average Rent  Unlock$1,460$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$1,480$1,860
 4 Bedroom Home or Apartment$1,510  Unlock$2,160
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 Vacant Housing
 Hobbs, NMFarmington, NMUnited States
 Vacant For Rent  Unlock5.4%1.9%
 Vacant Rented0.5%  Unlock0.4%
 Vacant For Sale  Unlock1.8%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, NMFarmington, NMUnited States
 Less Than $20,000  Unlock9.1%2.6%
 $20,000 to $39,9992.4%  Unlock2.4%
 $40,000 to $59,999  Unlock2.7%2.8%
 $60,000 to $79,9998.7%  Unlock3.9%
 $80,000 to $99,999  Unlock3.4%4.5%
 $100,000 to $149,99922.0%  Unlock11.3%
 $150,000 to $199,999  Unlock25.3%13.0%
 $200,000 to $299,99916.0%  Unlock20.1%
 $300,000 to $399,999  Unlock8.2%13.6%
 $400,000 to $499,9990.7%  Unlock8.3%
 $500,000 to $749,999  Unlock2.4%9.7%
 $750,000 to $999,9990.6%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.1%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.1%1.1%
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 Housing Units By Year Built
 Hobbs, NMFarmington, NMUnited States
 2015 and Newer0.6%  Unlock0.2%
 2010 to 2014  Unlock16.6%13.6%
 2000 to 20097.0%  Unlock13.6%
 1990 to 1999  Unlock13.1%13.6%
 1980 to 198911.1%  Unlock13.2%
 1970 to 1979  Unlock24.0%14.8%
 1960 to 19694.7%  Unlock13.6%
 1950 to 1959  Unlock12.0%10.0%
 1940 to 19494.5%  Unlock4.7%
 1939 or Earlier  Unlock0.9%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 Farmington    24 Reviews

The worst place I have ever lived. It is dirty, crime ridden, uneducated and good luck getting good medical care. San Juan anything sucks. Unfriendly, ugly, dusty,  More

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Over 7 years ago

No social life, limited resources, dirty roads with potholes, unclean people, litter, no recreational resources of any value. Employment opportunities don't exist, lack  More

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World class fly fishing (San Juan shuffle!), nearby colorado skiing, and perhaps one of the best climates in the continental US (average western summer with mild winter,  More

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