700 E  Lea St, Ave, NM 88240
OFF MARKET

$178,700

Trulia Estimate
  • Studio
  • 1,165 sqft (on 160 acres)

700 E Lea St, Ave, NM 88240

Home Value

Trulia Estimate
$179K
Since last month
Decreased$900 (-0.5%)
Since last year
Increased$21K (+13.2%)
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 +115% in the last 10 years
MonthEstimated value
2026
August 2026$179K
August 2026$178K
July 2026$180K
June 2026$181K
May 2026$176K
April 2026$175K
March 2026$174K
February 2026$169K
January 2026$165K
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
0.21
Single-Family Home
-
08/04/26
3
2
1,509
0.17
Single-Family Home
-
02/11/26
3
2
2,065
0.35
Single-Family Home
-
05/05/26
3
1
1,139
0.29
Single-Family Home
-
07/06/26
3
2
1,478
0.21
Single-Family Home
-
12/19/25
4
2
2,006
0.37
Single-Family Home
-
10/30/25
3
2
1,339
0.25
Single-Family Home
-
05/07/26
3
2
2,004
0.28
Single-Family Home
-
09/22/25
-
1,805
0.49
Single-Family Home
-
11/14/25
-
1,168
0.41
Single-Family Home
-
11/05/25
4
2
1,541

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
0.05
$186,200
3
2
1,450
Off Market
0.08
$156,400
3
1
1,174
Off Market
0.04
$216,400
3
2
2,386
Off Market
0.08
$192,900
4
2
1,833
Off Market
0.10
$221,100
3
2
1,762
Off Market
0.10
$150,000
3
2
1,648
For Sale
0.15
$214,200
5
2
1,679
Off Market
0.17
-
3
2
2,065
Recently Sold
0.20
$239,000
3
3
2,164
Off Market
0.22
$151,500
2
1
896
Off Market
0.17
$154,000
3
2
1,268
Off Market
0.17
$262,400
3
2
2,032
Off Market

Local Information

  • Map ViewExplore the area around 700 E Lea St.
  • Schools1 Preschool School1 Elementary School1 Middle School2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1945
Lot Size
160 acres
Living Area
1,165 sqft
Price/Sqft
$153

About this House

This single-family home is located at 700 E Lea St, Ave, NM. 700 E Lea St is in Ave, NM and in ZIP code 88240. This property has approximately 1,165 sqft of floor space. This property has a lot size of 160.00 acres and was built in 1945.
700 E Lea St, Ave, NM 88240 is a studio, 1,165 sqft single-family home built in 1945. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $178,700, with a rent estimate of $1,921/month.

Home Details for 700 E Lea St

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1945
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 160.00 acres

Price and Tax history

YearProperty taxTax assessment
2025
$652
$72,453
Home facts updated by county records

Market trends in Hobbs

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$288K
$18.5K
MoM
Sale-to-List Price
99.2%
0.1%
MoM
Price per sq ft
$149
$0
MoM
Available listings
88
3
MoM

Around this home

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"
  • Christina Grayson
    "Neighbor is great a little busy but overall not a bad place to live close to restaurants and shopping "
  • Amber Villalobos
    "Stray dogs wandering around. Stray cats wandering around as well. "
  • Myrna S.
    "My neighborhood is quiet and serene and we all feel safe. We have friendly people and we can depend on each other. "
  • 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 "
  • 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. "
  • 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."
  • 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 thatโ€™s great here in Hobbs is that every home in this neighborhood has cinder block fences. So other dogs are put away and wonโ€™t be running the streets when you are walking your own dog down the sidewalks. "
  • Brittany_gliver
    "Iโ€™ve lived in this neighborhood for 8 years and weโ€™ve never had any problems! Neighbors are friendly and give a genuine wave when passing by!"
  • 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 "
  • 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"
  • Mmlionheart
    "Nothing canโ€™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 donโ€™t run keep on lawn in kept yards not a good neighborhood at all"
  • 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. "
  • Suzy G.
    "I have lived in the area for more than 30 years.....Its a great family oriented area with a highly rated school......."

LGBTQ Local Legal Protections

Frequently asked questions about 700 E Lea St

  • What is 700 E Lea St estimated to be worth?
    Trulia's estimated value for 700 E Lea St in Ave, NM is $178,700.
  • Is Ave a buyer's or seller's market?
    Ave is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Ave?
    The median sale price in Ave is $288K. That is up $18.5K from the prior month.
  • What do residents say about Ave?
    Residents describe Ave, NM as pedestrian-friendly, well-kept, and easy to park in. See recently sold homes in Ave, NM.
  • How big is the lot at 700 E Lea St?
    The lot at 700 E Lea St in Ave, NM is about 160 acres.

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Apartments for Rent

Off Market Homes Near 700 E Lea St

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