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2024 Compare Cities Housing:
Hobbs, NM vs Santa Fe, NM

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Highlights
- The median age of a home in Hobbs is 22.9% older than the median age of a home in Santa Fe.

Housing
 Hobbs, NMSanta Fe, NMUnited States
 Median Home Age483742
 Median Home Cost$157,100$541,100$338,100
 Home Appr. Last 12 months6.2%15.7%16.6%
 Home Appr. Last 5 yrs.33.1%62.5%57.0%
 Home Appr. Last 10 yrs.51.7%87.6%101.1%
 Property Tax Rate$4.7$5.6$11.0
 Homes Owned53.6%55.3%57.4%
 Housing Vacant12.2%13.2%11.2%
 Homes Rented34.2%31.5%31.4%
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 Avg Rent For Home Or Apartment
 Hobbs, NMSanta Fe, NMUnited States
 Average Rent$1,340$1,620$1,840
 Studio Apartment$710$980$1,080
 1 Bedroom Home or Apartment$800$1,120$1,180
 2 Bedroom Home or Apartment$1,050$1,290$1,430
 3 Bedroom Home or Apartment$1,360$1,640$1,860
 4 Bedroom Home or Apartment$1,510$1,830$2,160
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 Vacant Housing
 Hobbs, NMSanta Fe, NMUnited States
 Vacant For Rent4.2%1.8%1.9%
 Vacant Rented0.5%0.3%0.4%
 Vacant For Sale1.2%0.6%0.7%
 Vacant Sold0.7%0.2%0.4%
 Vacant Vacation0.7%7.2%3.6%
 Vacant Other5.0%2.9%4.1%
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 Owner-Occupied Housing Value
 Hobbs, NMSanta Fe, NMUnited States
 Less Than $20,0003.6%4.2%2.6%
 $20,000 to $39,9992.4%2.9%2.4%
 $40,000 to $59,9993.6%0.7%2.8%
 $60,000 to $79,9998.7%0.7%3.9%
 $80,000 to $99,99911.4%1.0%4.5%
 $100,000 to $149,99922.0%5.6%11.3%
 $150,000 to $199,99921.0%8.0%13.0%
 $200,000 to $299,99916.0%24.5%20.1%
 $300,000 to $399,9995.0%18.8%13.6%
 $400,000 to $499,9990.7%9.3%8.3%
 $500,000 to $749,9995.1%12.4%9.7%
 $750,000 to $999,9990.6%5.8%3.9%
 $1,000,000 to $1,499,9990.0%2.7%2.2%
 $1,500,000 to $1,999,9990.0%1.3%0.8%
 $2,000,000 and over0.0%2.1%1.1%
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 Housing Units By Year Built
 Hobbs, NMSanta Fe, NMUnited States
 2015 and Newer0.6%0.1%0.2%
 2010 to 20147.0%16.6%13.6%
 2000 to 20097.0%16.6%13.6%
 1990 to 19994.7%18.2%13.6%
 1980 to 198911.1%17.9%13.2%
 1970 to 197919.5%13.4%14.8%
 1960 to 19694.7%18.2%13.6%
 1950 to 195919.1%8.9%10.0%
 1940 to 19494.5%4.6%4.7%
 1939 or Earlier2.9%6.9%12.2%

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Reviews for Hobbs    3 Reviews

Over 9 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 14 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 16 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 Santa Fe    55 Reviews

I’ve recently moved to Santa Fe from Colorado. I love Santa Fe for various reasons… mostly because of the tricultural aspects of it. We have amazing Native American,  More

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Over 5 years ago

Bought a house here in 2013 and split my time here with other house in Adirondack Mountains of NYS. Santa Fe is great, but not perfect. Love the climate. 306 days of  More

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Over 5 years ago

The only 2 things about Santa Fe that are nice is the scenery and the weather. But, those two things cannot bring about the total comfort and homeyness that makes a city  More

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ZIPS IN HOBBS, NEW MEXICO
88240
ZIPS IN SANTA FE, NEW MEXICO
87507 87505 87501

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