Lovington, NM · Market Data

Lovington, New Mexico real estate market data.

Real estate market data for Lovington, NM (Lea County) — Census median home value $162,900, county listing prices up about 38.0% over the past year.

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Lovington, NM is in Lea County, New Mexico — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 11,444, with a median household income of $67,284. Census data puts Lovington's median home value at $162,900 (all owner-occupied homes); Lea County's current median listing price runs $351,596, up about 38.0% over the past year.

At a glance

Lovington market snapshot

Population

11,444

Median Household Income

$67,284

Median Home Value (city)

$162,900

Median Listing Price (Lea County)

$351,596

Median Gross Rent

$1,063/mo

Price Trend (YoY)

+38.0%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Lovington

What makes Lovington different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Lovington's median home value — across all owner-occupied homes, not just recent sales — at $162,900. Separately, Lea County's current median listing price (via Realtor.com data, 2026-06-01) runs $351,596. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Lea County's FHFA house price index shows a 6.18% annual change in 2025.

Population & Income

Lovington has an estimated population of 11,444 and a median household income of $67,284, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Lovington's Census-reported median home value works out to about 2.4x the area's median household income, and median gross rent runs roughly 19% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Lovington FAQ

What are home values like in Lovington, NM?

The Census Bureau's American Community Survey puts Lovington's median home value at $162,900. Lea County's current median listing price runs $351,596, up about 38.0% over the past year.

What is the population of Lovington, NM?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Lovington's population at approximately 11,444.

What's the median rent in Lovington, NM?

The Census ACS estimates median gross rent in Lovington at approximately $1,063 per month.

What is the median household income in Lovington, NM?

Census ACS data puts the median household income in Lovington at approximately $67,284.

Is the Lovington housing market growing?

Lea County's FHFA house price index shows a 6.18% annual change in 2025.

Is Lovington, NM affordable relative to income?

Census ACS data puts Lovington's median home value at about 2.4 times the median household income, with median gross rent equal to roughly 19% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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