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2025 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.
 Hobbs, NMKey West, FLUnited States
 Median Home Age48  Unlock42
 Median Home Cost  Unlock$1,015,000$338,100
 Home Appr. Last 12 months6.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock78.0%57.0%
 Home Appr. Last 10 yrs.51.7%  Unlock101.1%
 Property Tax Rate  Unlock$5.0$11.0
 Homes Owned53.6%  Unlock57.4%
 Housing Vacant  Unlock23.0%11.2%
 Homes Rented34.2%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Hobbs, NMKey West, FLUnited States
 Average Rent  Unlock$4,830$1,840
 Studio Apartment$710  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$3,050$1,180
 2 Bedroom Home or Apartment$1,050  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$4,900$1,860
 4 Bedroom Home or Apartment$1,510  Unlock$2,160
 space1
 Vacant Housing
 Hobbs, NMKey West, FLUnited States
 Vacant For Rent  Unlock7.6%1.9%
 Vacant Rented0.5%  Unlock0.4%
 Vacant For Sale  Unlock1.0%0.7%
 Vacant Sold0.7%  Unlock0.4%
 Vacant Vacation  Unlock10.1%3.6%
 Vacant Other5.0%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Hobbs, NMKey West, FLUnited States
 Less Than $20,000  Unlock0.6%2.6%
 $20,000 to $39,9992.4%  Unlock2.4%
 $40,000 to $59,999  Unlock0.8%2.8%
 $60,000 to $79,9998.7%  Unlock3.9%
 $80,000 to $99,999  Unlock0.2%4.5%
 $100,000 to $149,99922.0%  Unlock11.3%
 $150,000 to $199,999  Unlock0.7%13.0%
 $200,000 to $299,99916.0%  Unlock20.1%
 $300,000 to $399,999  Unlock7.4%13.6%
 $400,000 to $499,9990.7%  Unlock8.3%
 $500,000 to $749,999  Unlock28.7%9.7%
 $750,000 to $999,9990.6%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock8.8%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock4.5%1.1%
 space3
 Housing Units By Year Built
 Hobbs, NMKey West, FLUnited States
 2015 and Newer0.6%  Unlock0.2%
 2010 to 2014  Unlock6.6%13.6%
 2000 to 20097.0%  Unlock13.6%
 1990 to 1999  Unlock11.0%13.6%
 1980 to 198911.1%  Unlock13.2%
 1970 to 1979  Unlock9.8%14.8%
 1960 to 19694.7%  Unlock13.6%
 1950 to 1959  Unlock11.5%10.0%
 1940 to 19494.5%  Unlock4.7%
 1939 or Earlier  Unlock22.5%12.2%
Transportation
Reviews for Hobbs    3 Reviews
Ross · Hobbs, NM
Hobbs, New Mexico
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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Karen · Hobbs, NM
Lousy place to live
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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Clint · Barry, IL
Hobbs - Pros/Cons
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 Key West    7 Reviews
Anthoney · Key West, FL
Real cost of living averages for Key West, FL.
Over 4 years ago

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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Tom · Arlington, TN
Key West
Over 9 years ago

Like the  More

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Anthony · Key West, FL
Cost of Living Inconsistency.
Over 11 years ago

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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Learn More About Hobbs, New Mexico
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