Moving to or from Hobbs?
Southeast New Mexico's largest city in the Permian Basin oil fields — at the center of one of the most productive oil-and-gas regions in the world, with New Mexico Junior College and the Lea County Event Center as community anchors.
- 40,000 City population
- 70,000 Metro area
- 1907 Founded
- Southeast New Mexico / Lea County Region
Why people move to Hobbs.
- Being at the heart of the Permian Basin oil-and-gas fields
- New Mexico Junior College
- Lea County Event Center
- Hobbs Army Airfield historic site (WWII pilot training)
- Being the closest NM city to the Permian Basin's Texas side
- Soaring aviation heritage (Hobbs is famous for glider flying)
The Permian Basin — which extends from southeast New Mexico into west Texas — is one of the most productive oil and gas regions in the world, accounting for about 40% of all US oil production. Hobbs is at the heart of New Mexico's share. The region has experienced multiple boom-and-bust cycles; recent horizontal drilling and fracking technology have sustained production longer than previous booms. Hobbs' economy rises and falls with oil prices.
Where people live in Hobbs.
A quick guide to Hobbs's most moved-to neighborhoods.
-
Downtown
Historic core
-
Central Hobbs
Established residential
-
North Hobbs
Newer residential
-
Eunice (nearby)
Small oil-patch town south
-
Jal (nearby)
Small oil town further south
-
Lovington (nearby)
Lea County's second-largest town
Where people spend their time in Hobbs.
- Lea County Event Center Central Hobbs
- Western Heritage Museum Central Hobbs
- Center for the Arts Central Hobbs
- Soaring Society of America Museum Hobbs
- Lea County Cowboy Hall of Fame Central Hobbs
- Zia Park Casino Central Hobbs
Planning a Hobbs move.
- Oil-industry cycles drive extreme housing demand swings
- Summer heat is extreme (100°F+ common June-September)
- Cost of living rises and falls with oil prices
- Remote location; Midland TX is 90 miles east, Albuquerque is 4+ hours northwest
Moving in Hobbs: FAQ.
Is Hobbs housing market stable?
Volatile. Oil-industry workers move in and out with boom-bust cycles. During boom periods, housing prices spike and rentals are impossible to find; during busts, many leave and prices fall. Long-term residents understand these cycles; newcomers should factor in the volatility. Workforce housing, man camps, and short-term rentals absorb much of the boom-period demand.
Let's find the right mover for your Hobbs move.
Free advice from people who know the Hobbs market. No obligation, no spam, no sales pressure.
Replies within 1 hour during business hours, 9am to 5pm ET, Mon-Fri.