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NM area data

Lovington, NM

Lovington, NM.

Population: 15,160 (Census ACS)

Home values & appreciation

Median home value
$190,257
1-year appreciation
+2.4%
3-year appreciation
-3.5%
5-year appreciation
-20.9%
10-year appreciation
-2.7%
All-time peak (2021-02)
$253,492
House Price Index
406.5 (+0.8% YoY)

Market activity

Median sale price
$255,000
Median list price
$232,500
Median days on market
41 days
Active listings
9
1-year forecast
-6.0%
New listings (monthly)
5

Rents

2-bedroom fair-market rent (HUD reference)
$1,319/mo
3BR fair-market rent
$1,715/mo

Affordability

Cost of living index (Below Average)
92.5 (100 = US avg)
Electricity rate (state-level)
15.1¢/kWh
Natural gas rate (state-level)
$9.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
10
Elementary schools
5
Middle schools
2
High schools
2

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
hail, lightning, wildfire, winterWeather, coldWave
FEMA flood zone
A
Flood risk level
High

Climate (30-year normals)

Annual precipitation
13.7 in

Air quality

Air quality rating
Good
Median AQI (annual)
45
Days with Good air quality
235

Walkability & transit

Walkability index
12.2 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Lea County-Zip Franklin Memorial Airport (3 mi)
Nearest major airport
Lea County Regional Airport (HOB) (23 mi)
Hospitals nearby (~15 mi)
1
Solar radiation rating
Excellent (5.5 kWh/m²/day)

Migration

Net migration
-387 tax filers

Housing stock

Median year housing built
1,975
Median annual property tax
$947
Mean commute to work
27 min
Households with broadband internet
68.1%

Employment & development

Total county employment
28,186
Average weekly wage
$1,299
Top industries (by employment)
Mining, Accommodation & Food, Construction
Annual residential building permits (county)
144

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents