All Countries
Lovington, NM
Full City Profile · New Mexico · Lea County County
2.8
/5.0
C+
Fair
11,444
Population
1,022/sq mi density
$67,284
Median Income
$24,748 per capita
$162,900
Home Value
$178,603 Zillow
$1,063
Median Rent
31.3% income on rent
63°F
Avg Temperature
330 sunny days/yr
106
Violent Crime/100K
2,296 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$67,284 median income, 4.5% unemployment
A+
Affordability
5.0 / 5.0
$162,900 home value, $1,063/mo rent
F
Safety
1.0 / 5.0
106 violent crimes/100K
D
Education
1.8 / 5.0
9.6% bachelor's degree or higher
Housing Overview
Median Home Value
$162,900
42% below
US avg: $281,900
Median Rent
$1,063/mo
9% below
US avg: $1,163/mo
Homeownership Rate
71.5%
9% above US avg (65.4%)
Total Housing Units
4,010
Median year built: 1970
Home Value by Source
Census Median
$162,900
Zillow (ZHVI)
$178,603
Median Sale Price
$202,450
Median List Price
$295,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
71.5%
Owner-Occupied
28.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$828/mo
1 Bedroom
$927/mo
2 Bedroom
$1,129/mo
3 Bedroom
$1,496/mo
4 Bedroom
$1,758/mo
Census median rent:
$1,063/mo
Market Indicators (Redfin)
Median Days on Market
21 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
8
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$144
Active Inventory
15
homes for sale
Affordability & Housing Stock
Rent Burden
31.3%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
71.5%
Complete Housing Data
Home Values
| Census Median Value | $162,900 |
| Zillow Home Value (ZHVI) | $178,603 |
| Median Sale Price | $202,450 |
| Median List Price | $295,000 |
| Price Per Sq Ft | $144 |
Rent
| Census Median Rent | $1,063 |
| FMR Studio | $828 |
| FMR 1-Bedroom | $927 |
| FMR 2-Bedroom | $1,129 |
| FMR 3-Bedroom | $1,496 |
| FMR 4-Bedroom | $1,758 |
Market
| Days on Market | 21 |
| Sale-to-List Ratio | 0.0% |
| Price Drops | 0.0% |
| Homes Sold | 8 |
| Active Inventory | 15 |
| Price Per Sq Ft | $144 |
Ownership & Stock
| Owner-Occupied | 71.5% |
| Renter-Occupied | 28.5% |
| Homeownership Rate | 71.5% |
| Total Housing Units | 4,010 |
| Median Year Built | 1970 |
| Rent Burden | 31.3% |