416 E Park St, Hobbs, NM 88240
OFF MARKET

$187,300

Trulia Estimate
  • 5 Beds
  • 3 Baths
  • 1,800 sqft (on 15 acres)

416 E Park St, Hobbs, NM 88240

Est. Refi. Payment $1,218/mo*
Refinance Your Home

Home Value

Trulia Estimate
$187K
Since last month
Decreased$2K (-1.2%)
Since last year
Increased$9K (+5%)
Since last sale
Increased$93K (+97.5%)
Learn more about this home's value by checking out its Trulia Estimate and the value of nearby homes.

Trulia Estimate

The of this home's value increased by +84% in the last 10 years
MonthEstimated value
2026
August 2026$188K
August 2026$188K
July 2026$190K
June 2026$195K
May 2026$192K
April 2026$189K
March 2026$186K
February 2026$183K
January 2026$180K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
408 E Park St, Hobbs, NM 88240
0.02
$173,600
Studio
-
1,279
Off Market
412 E Park St, Hobbs, NM 88240
0.01
-
Studio
-
-
Recently Sold
419 E Park St, Hobbs, NM 88240
0.03
$60,400
1
1
527
Off Market
601 N McKinley St, Hobbs, NM 88240
0.07
$161,100
Studio
-
-
Off Market
501 N Houston St, Hobbs, NM 88240
0.08
$140,900
2
1
1,025
Off Market
508 E Park St, Hobbs, NM 88240
0.06
-
-
-
-
Off Market
800 N McKinley St, Hobbs, NM 88240
0.15
$151,500
2
1
896
Off Market
317 N Fowler St, Hobbs, NM 88240
0.23
$131,200
3
2
1,216
Off Market
5314 Hardtack Rd, Hobbs, NM 88240
0.23
$323,100
4
2
2,165
Off Market
4523 Homestretch Rd, Hobbs, NM 88240
0.23
$314,100
4
2.5
2,155
Off Market
705 E Alston St, Hobbs, NM 88240
0.21
-
-
-
-
Off Market
618 E Scharbauer St, Hobbs, NM 88240
0.20
$156,400
3
1
1,174
Off Market

Local Information

  • Map ViewExplore the area around 416 E Park St.
  • Schools1 Preschool School1 Elementary School1 Middle School2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1950
15 acre lot
1,800 sqft
$104/sqft

About this House

This multi-family home is located at 416 E Park St, Hobbs, NM. 416 E Park St is in Hobbs, NM and in ZIP code 88240. This property has 5 bedrooms, 3 bathrooms and approximately 1,800 sqft of floor space. This property has a lot size of 15.00 acres and was built in 1950.
416 E Park St, Hobbs, NM 88240 is a 5 bedroom, 3 bathroom, 1,800 sqft multi-family built in 1950. It last sold for $95,000 on Apr 4, 2014. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $187,300, with a rent estimate of $1,425/month.

Home Details for 416 E Park St

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Exterior Features

Exterior Home Features
Roof: Shake Shingle
Parking & Garage
Parking: Off Street

Property Information

Year Built
Year Built: 1950Year Updated: 1955
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 3

Lot Information

Lot Area: 15.00 acres

Price and Tax history

DateEventPrice
Apr 4, 2014
Source: New Mexico MLS #20140058
Sold
--

Market trends in Hobbs

Last updated July 2026
Buyer'sMarketSeller'sMarket
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

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • Christina Grayson
    "Nothing we live on a busy street with lots of traffic but a lot of people walk in the mornings and later in the afternoon with their children and dogs"
    0
    Flag
  • Christina Grayson
    "Neighbor is great a little busy but overall not a bad place to live close to restaurants and shopping "
    2
    Flag
  • Amber Villalobos
    "Stray dogs wandering around. Stray cats wandering around as well. "
    0
    Flag
  • Myrna S.
    "My neighborhood is quiet and serene and we all feel safe. We have friendly people and we can depend on each other. "
    0
    Flag
  • Jose C.
    "Good people live in this area, my neighborhood is quite and not a lot of traffic. The schools are great in the area also "
    0
    Flag
  • Tolarerica
    "It is insanely difficult to find a decent family home for a reasonable price in a good neighborhood. Cost of living is way too high. "
    1
    Flag
  • Larebilyrag
    "I do not think there are any at all. I just go to work, and sleep after and go to work again and even hardly see my neighbors."
    0
    Flag
  • Nipamgalavez
    "Dog owners would like the fact that we have sidewalks on every street here. People seem to be very friendly on my street in Hobbs. Number one thing that’s great here in Hobbs is that every home in this neighborhood has cinder block fences. So other dogs are put away and won’t be running the streets when you are walking your own dog down the sidewalks. "
    0
    Flag
  • Brittany_gliver
    "I’ve lived in this neighborhood for 8 years and we’ve never had any problems! Neighbors are friendly and give a genuine wave when passing by!"
    0
    Flag
  • Jerrywayneteel
    "oilfield is booming and always hiring great opportunity for anyone and with that it provides for all other business to keep them going and paying well Hobbs has a casino and now built the core center that is awesome for children and adults has a pool with slides a gym and more "
    0
    Flag
  • Jennifer E.
    "it's a nice and peaceful neighborhood, the people are very friendly. i live across the street to a middle school and the children are very nice and polite"
    0
    Flag
  • Mmlionheart
    "Nothing can’t be outside after dark to many drive bys not a good area people steal from your cars yard break In throw rocks throw bottles poison animals and plus neighbors keep yards so dirty junk yards old cars don’t run keep on lawn in kept yards not a good neighborhood at all"
    3
    Flag
  • Jaci L.
    "In my neighborhood people have no concern for anyone else but themselves. Landlord does not care about tenants. Maintenance inn my housing community outs great though when they can actually do their job. "
    0
    Flag
  • Suzy G.
    "I have lived in the area for more than 30 years.....Its a great family oriented area with a highly rated school......."
    3
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 416 E Park St

  • What is 416 E Park St estimated to be worth?
    Trulia's estimated value for 416 E Park St in Hobbs, NM is $187,300.
  • What is the price history for 416 E Park St?
    416 E Park St in Hobbs, NM last sold in April 2014.
  • 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.
  • Does 416 E Park St have parking?
    Yes, 416 E Park St in Hobbs, NM has on-site parking.

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