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

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Highlights
- The median age of a home in Hobbs is 16.7% older than the median age of a home in Taos.
 Hobbs, NMTaos, NMUnited States
 Median Home Age48  Unlock42
 Median Home Cost  Unlock$386,900$338,100
 Home Appr. Last 12 months6.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock62.5%57.0%
 Home Appr. Last 10 yrs.51.7%  Unlock101.1%
 Property Tax Rate  Unlock$4.4$11.0
 Homes Owned53.6%  Unlock57.4%
 Housing Vacant  Unlock31.6%11.2%
 Homes Rented34.2%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Hobbs, NMTaos, NMUnited States
 Average Rent  Unlock$1,190$1,840
 Studio Apartment$710  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$830$1,180
 2 Bedroom Home or Apartment$1,050  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,210$1,860
 4 Bedroom Home or Apartment$1,510  Unlock$2,160
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 Vacant Housing
 Hobbs, NMTaos, NMUnited States
 Vacant For Rent  Unlock8.0%1.9%
 Vacant Rented0.5%  Unlock0.4%
 Vacant For Sale  Unlock1.5%0.7%
 Vacant Sold0.7%  Unlock0.4%
 Vacant Vacation  Unlock11.6%3.6%
 Vacant Other5.0%  Unlock4.1%
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 Owner-Occupied Housing Value
 Hobbs, NMTaos, NMUnited States
 Less Than $20,000  Unlock4.8%2.6%
 $20,000 to $39,9992.4%  Unlock2.4%
 $40,000 to $59,999  Unlock2.5%2.8%
 $60,000 to $79,9998.7%  Unlock3.9%
 $80,000 to $99,999  Unlock0.0%4.5%
 $100,000 to $149,99922.0%  Unlock11.3%
 $150,000 to $199,999  Unlock7.7%13.0%
 $200,000 to $299,99916.0%  Unlock20.1%
 $300,000 to $399,999  Unlock19.3%13.6%
 $400,000 to $499,9990.7%  Unlock8.3%
 $500,000 to $749,999  Unlock17.8%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, NMTaos, NMUnited States
 2015 and Newer0.6%  Unlock0.2%
 2010 to 2014  Unlock12.4%13.6%
 2000 to 20097.0%  Unlock13.6%
 1990 to 1999  Unlock18.2%13.6%
 1980 to 198911.1%  Unlock13.2%
 1970 to 1979  Unlock19.6%14.8%
 1960 to 19694.7%  Unlock13.6%
 1950 to 1959  Unlock6.9%10.0%
 1940 to 19494.5%  Unlock4.7%
 1939 or Earlier  Unlock11.0%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 Taos    6 Reviews

I’ve traveled to many places in my lifetime. New Mexico is a favorite. Typically we stay in The Inn of The Governor’s in Santa Fe. (It’s an awesome place.) This  More

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Over 16 years ago

Taos is beautiful with much to offer. However, housing is very expensive. Because much of the town's economy focuses on tourism, there are few jobs available in other  More

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Over 16 years ago

Taos has a diverse culture which has helped create a diverse art market with over 100 galleries and studios. From traditional native arts to contemporary, Taos has it  More

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