Home Value
Trulia Estimate
$228KSince last month
Decreased$8K (-3.5%)Since last year
Increased$17K (+8%)Since last sale
Increased$79K (+52.4%)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 +145% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $229K |
| August 2026 | $228K |
| July 2026 | $237K |
| June 2026 | $229K |
| May 2026 | $231K |
| April 2026 | $227K |
| March 2026 | $220K |
| February 2026 | $221K |
| January 2026 | $218K |
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 |
|---|---|---|---|---|---|---|---|
0.07 | Single-Family Home | - | 04/22/26 | 3 | 2 | 1,603 | |
0.16 | Single-Family Home | - | 02/12/26 | 3 | 2 | 1,704 | |
0.19 | Single-Family Home | - | 06/16/26 | 3 | 2 | 1,851 | |
0.30 | Single-Family Home | - | 10/30/25 | 3 | 2 | 1,339 | |
0.27 | Single-Family Home | - | 09/14/25 | 3 | 2 | 2,122 | |
0.36 | Single-Family Home | - | 12/08/25 | 3 | 2 | 1,672 | |
0.28 | Single-Family Home | - | 06/05/26 | 3 | 2 | 2,330 | |
0.39 | Single-Family Home | - | 05/28/26 | 3 | 2 | 1,625 | |
0.38 | Single-Family Home | - | 08/04/26 | 3 | 2 | 1,509 | |
0.32 | Single-Family Home | - | 05/20/26 | 3 | 2 | 2,111 |
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 | - | 3 | 3 | 3,391 | Recently Sold | |
0.03 | $228,000 | 3 | 2 | 1,673 | Off Market | |
0.10 | $443,100 | 5 | 3 | 3,084 | Off Market | |
0.11 | $280,000 | 3 | 2 | 1,853 | For Sale | |
0.10 | $321,100 | 3 | 2.5 | 2,478 | Off Market | |
0.09 | $206,100 | 4 | 1.5 | 1,482 | Off Market | |
0.07 | - | 3 | 2 | 1,603 | Recently Sold | |
0.11 | $206,800 | 3 | 2 | 1,425 | Off Market | |
0.13 | $325,000 | 3 | 2 | 2,225 | For Sale | |
0.14 | $370,400 | 3 | 3 | 2,473 | Off Market | |
0.19 | $397,900 | 3 | 2.5 | 3,459 | For Sale | |
0.16 | - | 3 | 2 | 1,704 | Recently Sold |
Local Information
-- mins to
Home Highlights
Single-Family Home
1,596 sqft
$143/sqft
About this House
3 bed 2 bath. Approx 1600 sq ft. Medium size front and back yard that has maintained. Back patio. Fridge, stove, dishwasher, washer and dryer included. Central heating and cooling. Storage shed in backyard. Walking distance to broadmoor elementary. No pets, minimal year lease. $1500/month.
No smoking. Tenant will pay for all utilities.
No smoking. Tenant will pay for all utilities.
503 E Mesa Dr, Hobbs, NM 88240 is a 3 bedroom, 2 bathroom, 1,596 sqft single-family home. It last sold for $150,000 on Aug 2, 2019. More recently, it was listed as a rental in May 2022 with an asking price of $1,500 per month. That rental listing was removed on May 27, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $228,400, with a rent estimate of $1,913/month.
Home Details for 503 E Mesa Dr
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Heating & Cooling Heating: Forced AirHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
Appliances & Utilities DryerWasher |
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Property Type / Style Property Type: Single Family Home |
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Parking & Garage Parking: Off Street |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 27, 2022 Source: Zillow Rental Manager | ListingRemoved | |
May 22, 2022 Source: Zillow Rental Manager | Listed For Rent | $1,500 |
Aug 2, 2019 Source: New Mexico MLS #20193145 | Sold | -- |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,293 | $143,733 |
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 503 E Mesa Dr
- What is 503 E Mesa Dr estimated to be worth?Trulia's estimated value for 503 E Mesa Dr in Hobbs, NM is $228,400.
- What is the price history for 503 E Mesa Dr?503 E Mesa Dr in Hobbs, NM last sold in August 2019.
- 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 503 E Mesa Dr have laundry facilities?Yes, 503 E Mesa Dr in Hobbs, NM has in-unit laundry.
- Does 503 E Mesa Dr have parking?Yes, 503 E Mesa Dr in Hobbs, NM has on-site parking.