Housing in Lovington, NM

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$240,000

Median List Price

$270,000

Price Per Sq Ft

$140

Days on Market

22

Active Inventory

12

Months of Supply

2.4

Seller's market

Zillow Home Value

$175,725

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 21.5%List Price 106.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

45.5%

Sold Above Asking
0.0%
Under Contract in 2 Wks
45.5%
Listings with Price Drops
16.7%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

15

Pending Sales

11

Homes Sold 16.7%New Listings 150.0%Pending 37.5%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$140

Median List $/SF

$157

Sale $/SF 21.7%List $/SF 44.0%Mar 24Jan 26

Lovington vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Lovington is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$162,900

Median Rent

$1,063

Total Housing Units

4,091

Vacancy Rate

15.2%

Owner Occupied

71.5%

Renter Occupied

28.5%

Median Property Tax

$1,113

per year

Monthly Cost (w/ Mortgage)

$553

Housing Types

Single Family
75.4%
Multi-Family
5.6%
Mobile Home
19.0%

The current median sale price in Lovington, NM is $240,000 according to Redfin data. Homes spend a median of 22 days on the market. 0.0% of homes sold above asking price. The market has 2.4 months of supply. The median price per square foot is $140. The median rent is $1,063 per month (Census ACS). About 71.5% of housing units are owner-occupied. The median year homes were built is 1971. There are 4,091 total housing units.