Home Value
Trulia Estimate
$283KSince last month
Decreased$3K (-0.9%)Since last year
Increased$27K (+10.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +144% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $283K |
| August 2026 | $282K |
| July 2026 | $286K |
| June 2026 | $280K |
| May 2026 | $273K |
| April 2026 | $278K |
| March 2026 | $289K |
| February 2026 | $266K |
| January 2026 | $263K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Single-Family Home | - | 04/22/26 | 3 | 2 | 1,603 | |
0.25 | Single-Family Home | - | 02/12/26 | 3 | 2 | 1,704 | |
0.19 | Single-Family Home | - | 09/14/25 | 3 | 2 | 2,122 | |
0.27 | Single-Family Home | - | 12/08/25 | 3 | 2 | 1,672 | |
0.19 | Single-Family Home | - | 06/05/26 | 3 | 2 | 2,330 | |
0.29 | Single-Family Home | - | 05/28/26 | 3 | 2 | 1,625 | |
0.29 | Single-Family Home | - | 06/16/26 | 3 | 2 | 1,851 | |
0.24 | Single-Family Home | - | 09/18/25 | 3 | 2 | 2,203 | |
0.26 | Single-Family Home | - | 05/20/26 | 3 | 2 | 2,111 | |
0.32 | Single-Family Home | - | 04/27/26 | 4 | 2 | 1,647 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.07 | $325,000 | 3 | 2 | 2,225 | For Sale | |
0.04 | - | 3 | 2 | 1,603 | Recently Sold | |
0.10 | $321,100 | 3 | 2.5 | 2,478 | Off Market | |
0.10 | $370,400 | 3 | 3 | 2,473 | Off Market | |
0.08 | $228,000 | 3 | 2 | 1,673 | Off Market | |
0.13 | $515,000 | 4 | 3 | 4,116 | For Sale | |
0.13 | - | 3 | 3 | 3,391 | Recently Sold | |
0.16 | $736,400 | 4 | 3.5 | 4,205 | Off Market | |
0.13 | $266,000 | 3 | 2 | 1,853 | Off Market | |
0.15 | $294,800 | 3 | 2 | 2,334 | Off Market | |
0.13 | $206,800 | 3 | 2 | 1,425 | Off Market | |
0.13 | $201,200 | 3 | 1.5 | 1,189 | Off Market |
Local Information
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Home Highlights
Single-Family Home
Built in 1994
20 acre lot
1,704 sqft
$166/sqft
About this House
This single-family home is located at 312 E Mesa Dr, Hobbs, NM. 312 E Mesa Dr is in Hobbs, NM and in ZIP code 88240. This property has approximately 1,704 sqft of floor space. This property has a lot size of 20.00 acres and was built in 1994.
312 E Mesa Dr, Hobbs, NM 88240 is a studio, 1,704 sqft single-family home built in 1994. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $282,900, with a rent estimate of $2,770/month.
Home Details for 312 E Mesa Dr
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Levels, Entrance, & Accessibility Stories: 1 |
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Year Built Year Built: 1994 |
Property Type / Style Property Type: Single Family Home |
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Lot Area: 20.00 acres |
Price and Tax history
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,096 | $121,776 |
Home facts updated by county records
Market trends in Hobbs
Last updated July 2026
Avg. sale price
$288K
$18.5KMoM
Sale-to-List Price
99.2%
0.1%MoM
Price per sq ft
$149
$0MoM
Available listings
88
3MoM
Around this home
What Locals Say about Hobbs
At least 122 Trulia users voted on each feature.
84 % Say car is needed
79 % Say there are sidewalks
75 % Say yards are well-kept
71 % Say parking is easy
64 % Say it's dog friendly
62 % Say there's holiday spirit
62 % Say it's quiet
60 % Say kids play outside
54 % Say people would walk alone at night
48 % Say streets are well-lit
40 % Say neighbors are friendly
39 % Say it's walkable to restaurants
38 % Say they plan to stay for at least 5 years
37 % Say it's walkable to grocery stores
34 % Say there's wildlife
24 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 312 E Mesa Dr
- What is 312 E Mesa Dr estimated to be worth?Trulia's estimated value for 312 E Mesa Dr in Hobbs, NM is $282,900.
- Is Hobbs a buyer's or seller's market?Hobbs is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Hobbs?The median sale price in Hobbs is $288K. That is up $18.5K from the prior month.
- What do residents say about Hobbs?Residents describe Hobbs, NM as pedestrian-friendly, well-kept, and easy to park in. See recently sold homes in Hobbs, NM.
- How big is the lot at 312 E Mesa Dr?The lot at 312 E Mesa Dr in Hobbs, NM is about 20 acres.