House Prices

Zia Crossing Hobbs, NM House Prices & Home Values 2026


Average Data

average house price$245,220
average size per house2042 ft²
average price per ft²121 $ / ft²

06/24/2026 - The value range (VR) for house prices in Zia Crossing Hobbs, NM is $114.95/ sqft to $127.05/ sqft. An average home with 2042 sqft costs approximately $234,494 to $259,177. Hobbs, NM includes 1 ZIP codes and it is located in Lea county. The lowest prices are found in ZIP 88240, while the highest are in ZIP 88240. The average price per sqare feet is $121. Our analysis is based on 23 property listings.

Avergage prices by ZIP codes Zia Crossing Hobbs

88240121 $ / ft²




Historical development of home values in Zia Crossing Hobbs

Year Estimated value (USD) Change vs. 2025
2010 $113,885 -53.6%
2011 $109,481 -55.4%
2012 $109,186 -55.5%
2013 $113,267 -53.8%
2014 $118,899 -51.5%
2015 $125,001 -49.0%
2016 $131,525 -46.4%
2017 $138,624 -43.5%
2018 $146,288 -40.3%
2019 $153,071 -37.6%
2020 $160,984 -34.4%
2021 $183,102 -25.3%
2022 $213,456 -13.0%
2023 $225,099 -8.2%
2024 $238,121 -2.9%
2025 $245,220 0.0%

Graph: estimated home values in Zia Crossing Hobbs over time (USD)



Example: 100% financing house in Zia Crossing Hobbs

Loan amount: $245,220

Interest rate: 5.99%

Fixed monthly payment: $1,469.27

Breakdown in the 1st month:
Interest portion: $1,224.87  –  Principal portion: $244.40

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,616.56 $3,014.70 $242,205.30
2 $14,430.81 $3,200.45 $239,004.84
3 $14,233.62 $3,397.65 $235,607.19
4 $14,024.27 $3,606.99 $232,000.20
5 $13,802.03 $3,829.23 $228,170.97
6 $13,566.09 $4,065.17 $224,105.80
7 $13,315.62 $4,315.64 $219,790.15
8 $13,049.71 $4,581.55 $215,208.60
9 $12,767.42 $4,863.84 $210,344.76
10 $12,467.74 $5,163.52 $205,181.24
11 $12,149.59 $5,481.67 $199,699.57
12 $11,811.84 $5,819.42 $193,880.15
13 $11,453.28 $6,177.98 $187,702.17
14 $11,072.63 $6,558.63 $181,143.54
15 $10,668.52 $6,962.74 $174,180.80
16 $10,239.52 $7,391.74 $166,789.05
17 $9,784.08 $7,847.18 $158,941.87
18 $9,300.58 $8,330.68 $150,611.19
19 $8,787.29 $8,843.97 $141,767.22
20 $8,242.38 $9,388.89 $132,378.33
21 $7,663.88 $9,967.38 $122,410.95
22 $7,049.75 $10,581.51 $111,829.43
23 $6,397.78 $11,233.49 $100,595.94
24 $5,705.63 $11,925.63 $88,670.31
25 $4,970.84 $12,660.42 $76,009.89
26 $4,190.77 $13,440.49 $62,569.40
27 $3,362.65 $14,268.62 $48,300.78
28 $2,483.49 $15,147.77 $33,153.01
29 $1,550.17 $16,081.09 $17,071.92
30 $559.35 $17,071.92 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Zia Crossing Hobbs, NM


1500 sqft3900 sqft
Ø selling price$219,396$466,714
Ø fast selling$199,451$420,043
Ø high price sale$239,341$513,386

In 2026, houses in Zia Crossing Hobbs, NM will be offered at an average price of $121 per square foot. A 1,500 sqft home priced at $219,396 is 22.98% more expensive per square foot than a 3,900 sqft home priced at $466,714. Home prices in Zia Crossing Hobbs, NM vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $323,110. Sellers who can wait longer may achieve a higher price of up to $394,912.


Zia Crossing, Hobbs, NM Neighborhood Guide

Overview

Zia Crossing is a growing residential neighborhood in Hobbs, NM known for newer construction and a welcoming, family-friendly community feel.
Homebuyers exploring Zia Crossing homes for sale appreciate its planned layout and everyday convenience.

Location & Access

Positioned within Hobbs with convenient access to major roads, the community provides quick routes to local schools, shopping, and dining.
Its position near key roadways makes commuting across Lea County and the broader Permian Basin straightforward.

Homes & Real Estate

Zia Crossing real estate features modern single-family homes with practical floor plans, attached garages, and energy-conscious design elements.
Buyers can find a mix of move-in-ready resales and ongoing new construction, with varied lot sizes and price points.

Amenities & Lifestyle

Well-kept streets, nearby green spaces, and open skies support easy daily walks, jogs, and bike rides.
Nearby parks, sports facilities, and community events deliver an active yet relaxed Southeastern New Mexico lifestyle.

Market & Buyer Tips

Because real estate in Hobbs, NM can move quickly, well-priced listings in Zia Crossing tend to attract strong interest.
Work with a local agent, set instant alerts, and be ready with pre-approval to compete effectively for the right home.



FAQ – Home Values in Zia Crossing Hobbs

What is the median home value in Zia Crossing Hobbs in 2026?

In 2026, the typical home value in Zia Crossing Hobbs is about $245,220 for an average home size of 2042 square feet. This corresponds to an average price of roughly $121 per square foot.

What is the average cost per square foot in Zia Crossing Hobbs?

In 2026, homes in Zia Crossing Hobbs sell for an average of around $121 per square foot, with a typical range between $114.95 and $127.05 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Zia Crossing?

The average home size in Zia Crossing Hobbs is about 2042 square feet, with an estimated 2026 value around $245,220.



Neighborhoods close to Zia Crossing Hobbs, NM

Canyon Hills Alamogordo, NM129 $ / ft²
Upper Canyon Ruidoso, NM184 $ / ft²
La Huerta Carlsbad, NM110 $ / ft²
El Potrero Chimayo, NM327 $ / ft²
Downtown Gallup Gallup, NM133 $ / ft²
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