2025 Compare Cities Housing:
Hobbs, NM vs Newark, OH

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Highlights
- The median age of a home in Hobbs is 22.9% younger than the median age of a home in Newark.
 Hobbs, NMNewark, OHUnited States
 Median Home Age48  Unlock42
 Median Home Cost  Unlock$198,800$338,100
 Home Appr. Last 12 months6.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock62.4%57.0%
 Home Appr. Last 10 yrs.51.7%  Unlock101.1%
 Property Tax Rate  Unlock$12.4$11.0
 Homes Owned53.6%  Unlock57.4%
 Housing Vacant  Unlock10.7%11.2%
 Homes Rented34.2%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Hobbs, NMNewark, OHUnited States
 Average Rent  Unlock$1,120$1,840
 Studio Apartment$710  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$750$1,180
 2 Bedroom Home or Apartment$1,050  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,140$1,860
 4 Bedroom Home or Apartment$1,510  Unlock$2,160
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 Vacant Housing
 Hobbs, NMNewark, OHUnited States
 Vacant For Rent  Unlock3.3%1.9%
 Vacant Rented0.5%  Unlock0.4%
 Vacant For Sale  Unlock0.6%0.7%
 Vacant Sold0.7%  Unlock0.4%
 Vacant Vacation  Unlock0.8%3.6%
 Vacant Other5.0%  Unlock4.1%
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 Owner-Occupied Housing Value
 Hobbs, NMNewark, OHUnited States
 Less Than $20,000  Unlock1.7%2.6%
 $20,000 to $39,9992.4%  Unlock2.4%
 $40,000 to $59,999  Unlock4.5%2.8%
 $60,000 to $79,9998.7%  Unlock3.9%
 $80,000 to $99,999  Unlock12.0%4.5%
 $100,000 to $149,99922.0%  Unlock11.3%
 $150,000 to $199,999  Unlock22.8%13.0%
 $200,000 to $299,99916.0%  Unlock20.1%
 $300,000 to $399,999  Unlock6.3%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, NMNewark, OHUnited States
 2015 and Newer0.6%  Unlock0.2%
 2010 to 2014  Unlock7.1%13.6%
 2000 to 20097.0%  Unlock13.6%
 1990 to 1999  Unlock10.2%13.6%
 1980 to 198911.1%  Unlock13.2%
 1970 to 1979  Unlock13.8%14.8%
 1960 to 19694.7%  Unlock13.6%
 1950 to 1959  Unlock12.4%10.0%
 1940 to 19494.5%  Unlock4.7%
 1939 or Earlier  Unlock28.7%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 Newark    7 Reviews

I have lived here in Newark for over nine and a half years. This isn't the best place to live. Sure there's historical buildings, including the courthouse, and the  More

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We retired to Newark, coming from the ‘burbs of the Chicago area. People we meet are surprised to hear that someone would choose Newark to retire to, but as newcomers  More

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This city is good for the older generation, rtetiring, and folks that wont mind settling in an affordable-yet-boring town. Crime is going up. Poverty increasing, and  More

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