Home Value
Trulia Estimate
$229KSince last month
Increased$5K (+2%)Since last year
Increased$5K (+2%)Since last sale
Increased$54K (+30.9%)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 +2% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $229K |
| August 2026 | $228K |
| July 2026 | $224K |
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 | - | 10/10/25 | 4 | 5 | 1,821 | |
0.06 | Single-Family Home | - | 04/09/26 | 3 | 2 | 1,218 | |
0.18 | Single-Family Home | - | 09/30/25 | 3 | 2 | 1,484 | |
0.29 | Single-Family Home | - | 05/06/26 | 4 | 2 | 1,647 | |
0.31 | Single-Family Home | - | 08/25/26 | 3 | 2 | 2,335 | |
0.31 | Single-Family Home | - | 10/09/25 | 4 | 2 | 2,399 | |
0.43 | Single-Family Home | - | 10/07/25 | 3 | 2 | 1,609 | |
0.43 | Single-Family Home | - | 07/20/26 | 3 | 3.5 | 1,960 | |
0.39 | Single-Family Home | - | 08/25/26 | 3 | 2 | 2,200 | |
0.48 | Single-Family Home | - | 10/06/25 | 3 | 2 | 1,750 |
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 |
|---|---|---|---|---|---|---|
0.02 | $228,200 | Studio | - | - | Off Market | |
0.08 | $132,500 | 2 | 1 | 1,172 | Off Market | |
0.05 | - | 3 | 1 | 1,064 | Recently Sold | |
0.04 | $187,600 | 2 | 1 | 1,045 | Off Market | |
0.06 | $205,000 | 3 | 2 | 1,241 | Off Market | |
0.11 | $170,000 | 2 | 1 | 1,172 | For Sale | |
0.06 | - | 4 | 2 | 1,821 | Recently Sold | |
0.06 | - | 3 | 2 | 1,218 | Recently Sold | |
0.07 | $311,000 | 4 | 3 | 1,821 | Off Market | |
0.11 | $131,100 | 3 | 1 | 1,120 | Off Market | |
0.14 | $230,700 | Studio | - | - | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1979
About this House
This single-family home is located at 518 E Sunset Dr, Hobbs, NM. 518 E Sunset Dr is in Hobbs, NM and in ZIP code 88240. This property has a lot size of 6970 sqft and was built in 1979.
518 E Sunset Dr, Hobbs, NM 88240 is a studio single-family home built in 1979. It last sold for $175,000 on Nov 30, 2020 (5% below the $185,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $229,000, with a rent estimate of $2,140/month.
Last check for updates: about 4 hours ago
Listed by Ashley N Pratt, (575) 441-4917
Berkshire Hathaway Home Services Enchanted Lands - Hobbs
Bought with: Ashley N Pratt, (575) 441-4917, Berkshire Hathaway Home Services Enchanted Lands - Hobbs
Source: New Mexico MLS, MLS#20204514

Home Details for 518 E Sunset Dr
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Appliances & Utilities Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected |
Heating & Cooling Heating: Forced Air,Natural GasHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa No FireplaceNo Spa |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Flooring: Carpet, Tile |
Levels, Entrance, & Accessibility Stories: 1Floors: Carpet, Tile |
View No View |
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Exterior Home Features Fencing: Back Yard, Cross Fenced |
Parking & Garage No CarportNo GarageNo Attached Garage |
Frontage Not on Waterfront |
Farm & Range Frontage Length: 86.9Not Allowed to Raise Horses |
Surface & Elevation Topography: Back Yard, Cross Fenced |
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Year Built Year Built: 1979 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: BrickNot Attached PropertyDoes Not Include Home Warranty |
Property Information Included in Sale: Dishwasher, Free-Standing Range, Gas Water HeaterParcel Number: 4990326151947 |
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Price List Price: $185,000 |
Status Change & Dates Off Market Date: Mon Nov 30 2020Possession Timing: Upon Funding |
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MLS Status: Sold |
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Direction & Address City: Hobbs |
School Information Elementary School: None/OtherJr High / Middle School: None/OtherHigh School: None/Other |
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Not Senior Community |
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No HOA |
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Lot Area: 6969.6 sqft |
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Disclaimer: Information not guaranteed. Buyer to verify all information. |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional, FHA |
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Mobile Home Park Mobile Home Units: Feet |
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Mls Number: 20204514 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 30, 2020 Source: New Mexico MLS #20204514 | Sold | -- |
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

The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (โIDXโ) program of the New Mexico Multi-Board MLS. Real Estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.
Frequently asked questions about 518 E Sunset Dr
- What is 518 E Sunset Dr estimated to be worth?Trulia's estimated value for 518 E Sunset Dr in Hobbs, NM is $229,000.
- What is the price history for 518 E Sunset Dr?518 E Sunset Dr in Hobbs, NM last sold in November 2020.
- 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 518 E Sunset Dr have air conditioning?Yes, 518 E Sunset Dr in Hobbs, NM has air conditioning.
- Does 518 E Sunset Dr have a yard?Yes, 518 E Sunset Dr in Hobbs, NM has a yard.