Lovington, NM 88260 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Lovington, NM—88260

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$176,000

0.0% YoY Growth

Household Income

$75,200

40.7% YoY Growth

Days on Market

32.0% Shorter YoY

Home Price Forecast

-6.5%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Lovington, NM

As of Dec '25, the median home price in Lovington, NM is $176,000, with a year-over-year change of 0.0%. This indicates that home prices in Lovington, NM are flat. According to Zillow, the 1-year price projection is -6.5%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$176,000	0.0%
Single Family	$176,000	0.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Lovington, NM

Lovington, NM lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

0.6%

2 Bedrooms

60.6%

3 Bedrooms

30.9%

4 Bedrooms

7.9%

Property Listings — Lovington, NM

As of Dec '25, Realtor.com reports that the median days on market for a home in Lovington, NM is 32. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$255,000	8.0%
Listing Count	24	-41.0%
Listings as % of Homes	0.3%	-41.0%
Days on Market	52	-32.0%

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Demographics — Lovington, NM

As of the latest ACS Survey released in 2023, Lovington, NM has a population of 15,400, which has increased by 1.8% over the past 5 years. Lovington, NM is a popular place for families, as children make up 31.7% of the population. The area has a poorly educated workforce, with 14.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	15,400	1.8%
% Under 18	31.7%	6.4%
% Seniors	8.8%	-23.5%
% WFH	7.3%	305.6%
% w/ College Degree	14.7%	44.1%

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As of the latest ACS Survey released in 2023, Lovington, NM is a predominantly hispanic area, with 65.5% of the population identifying as hispanic. The hispanic population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Lovington, NM is white, making up 30.6% of the population. Foreign-born residents account for 20.6% of the population in Lovington, NM, and this percentage has increased by 4.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	30.6%	0.7%
% Black	2.8%	86.7%
% Hispanic	65.5%	-3.4%
% Asian	2.0%	∞%
% Foreign Born	20.6%	4.0%

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Mortgage and Risk — Lovington, NM

According to HUD data as of 2023, there were 141 mortgage originations in Lovington, NM, of which 51.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 58.0% above 90% LTV (very high). This implies large mortgage risk in Lovington, NM. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	141
% Conventional Loans	51.0%
% Government Loans	49.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Lovington, NM

Lovington, NM lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	128
Total Units Section 8	78
% Rentals under Section 8	N/A
% Occupied Section 8	98.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$810
2 Bedroom	N/A	N/A	$1,060
3 Bedroom	N/A	N/A	$1,340
4 Bedroom	N/A	N/A	$1,480

Lovington, NM—88260

Key Metrics at a Glance

Home Price Trends — Lovington, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lovington, NM

% of Rental Stock

Property Listings — Lovington, NM

Demographics — Lovington, NM

Race and Ethnicity

Mortgage and Risk — Lovington, NM

Mortgages

Rentals and Section 8 — Lovington, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — Lovington, NM

Home Price to Income Ratio

Lovington, NM — ZIP Code Boundary Map

Nearby ZIP Codes

Air Base City

Hobbs, NM

Hobbs, NM

Tatum, NM

Monument, NM

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.6
Median Home Price	$176,000
Median Household Income	$75,200

Lovington, NM—88260

Key Metrics at a Glance

Home Price Trends — Lovington, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lovington, NM

% of Rental Stock

Property Listings — Lovington, NM

Demographics — Lovington, NM

Race and Ethnicity

Mortgage and Risk — Lovington, NM

Mortgages

Rentals and Section 8 — Lovington, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — Lovington, NM

Home Price to Income Ratio

Lovington, NM — ZIP Code Boundary Map

Nearby ZIP Codes

Air Base City

Hobbs, NM

Hobbs, NM

Tatum, NM

Monument, NM

Frequently Asked Questions

What is the average home price in Lovington, NM 88260?

How have home prices in Lovington, NM 88260 changed over the past year?

What is the home price projection for Lovington, NM 88260?

What are the demographics of Lovington, NM 88260?

How long does it take homes to sell in Lovington, NM 88260?

What is the average rent price in Lovington, NM 88260?