House Prices

House Prices & Home Values Lovington, NM 2026


Average Data

average house price$268,270
average size per house2134 ft²
average price per ft²126 $ / ft²

04/05/2026 - The value range (VR) for house prices in Lovington, NM is $137/ sqft to $137/ sqft. An average home with 2134 sqft costs approximately $292,358 to $292,358. Lovington, NM includes 1 ZIP codes and it is located in Lea county. The lowest prices are found in ZIP 88260, while the highest are in ZIP 88260. The average price per sqare feet is $126. Our analysis is based on 13 property listings.

Avergage prices by ZIP codes Lovington

88260127 $ / ft²




Historical development of home values in Lovington

Year Estimated value (USD) Change vs. 2025
2010 $124,589 -53.6%
2011 $119,772 -55.4%
2012 $119,449 -55.5%
2013 $123,914 -53.8%
2014 $130,075 -51.5%
2015 $136,751 -49.0%
2016 $143,888 -46.4%
2017 $151,654 -43.5%
2018 $160,038 -40.3%
2019 $167,459 -37.6%
2020 $176,116 -34.4%
2021 $200,313 -25.3%
2022 $233,520 -13.0%
2023 $246,257 -8.2%
2024 $260,504 -2.9%
2025 $268,270 0.0%

Graph: estimated home values in Lovington over time (USD)



Example: 100% financing house in Lovington

Loan amount: $268,270

Interest rate: 6.00%

Fixed monthly payment: $1,608.41

Breakdown in the 1st month:
Interest portion: $1,341.35  –  Principal portion: $267.06

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $16,006.58 $3,294.39 $264,975.61
2 $15,803.39 $3,497.58 $261,478.04
3 $15,587.67 $3,713.30 $257,764.73
4 $15,358.64 $3,942.33 $253,822.41
5 $15,115.49 $4,185.48 $249,636.92
6 $14,857.34 $4,443.63 $245,193.29
7 $14,583.26 $4,717.71 $240,475.58
8 $14,292.28 $5,008.69 $235,466.89
9 $13,983.36 $5,317.61 $230,149.28
10 $13,655.38 $5,645.59 $224,503.69
11 $13,307.17 $5,993.80 $218,509.90
12 $12,937.49 $6,363.48 $212,146.42
13 $12,545.00 $6,755.97 $205,390.45
14 $12,128.31 $7,172.66 $198,217.79
15 $11,685.92 $7,615.05 $190,602.74
16 $11,216.24 $8,084.73 $182,518.00
17 $10,717.59 $8,583.38 $173,934.62
18 $10,188.18 $9,112.79 $164,821.83
19 $9,626.13 $9,674.84 $155,146.99
20 $9,029.40 $10,271.57 $144,875.42
21 $8,395.88 $10,905.09 $133,970.33
22 $7,723.27 $11,577.70 $122,392.63
23 $7,009.19 $12,291.78 $110,100.85
24 $6,251.06 $13,049.91 $97,050.93
25 $5,446.17 $13,854.80 $83,196.13
26 $4,591.63 $14,709.34 $68,486.79
27 $3,684.39 $15,616.58 $52,870.21
28 $2,721.20 $16,579.77 $36,290.43
29 $1,698.59 $17,602.38 $18,688.06
30 $612.92 $18,688.06 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Lovington, NM


1500 sqft3900 sqft
Ø selling price$228,691$486,487
Ø fast selling$207,901$437,838
Ø high price sale$249,481$535,135

In 2026, houses in Lovington, NM will be offered at an average price of $126 per square foot. A 1,500 sqft home priced at $228,691 is 21.25% more expensive per square foot than a 3,900 sqft home priced at $486,487. Home prices in Lovington, NM vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $336,798. Sellers who can wait longer may achieve a higher price of up to $411,643.


Discover Lovington, New Mexico

Lovington, NM is a welcoming city in Lea County known for wide-open skies and rich heritage.
Located in southeastern New Mexico, Lovington offers small-town charm with convenient access to the energy-rich Permian Basin.

Top Attractions

Visitors can explore the Lea County Museum, which preserves regional history through engaging exhibits and historic buildings.
Each summer, the celebrated Lea County Fair and Rodeo brings music, rides, and championship rodeo action to the community.

Outdoor Recreation

Outdoor enthusiasts enjoy time at Chaparral Park, a popular local green space with a lake, trails, and open areas for family fun.
Stunning sunsets, mild winters, and clear desert nights make Lovington a great base for Southwest road trips and stargazing.

Economy & Education

The local economy blends oil and gas, agriculture, and growing service sectors that support businesses across Lea County.
Families appreciate strong community spirit, local eateries, and schools in the Lovington Municipal Schools district.

Travel & Community

Lovington, New Mexico sits along key state highways, offering easy access to nearby Hobbs and regional attractions across Southeast New Mexico.
Whether you?re planning a weekend visit or relocating, Lovington, NM delivers friendly hospitality, affordable living, and authentic Western culture.



FAQ – Home Values in Lovington

What is the median home value in Lovington in 2026?

In 2026, the typical home value in Lovington is about $268,270 for an average home size of 2134 square feet. This corresponds to an average price of roughly $126 per square foot.

What is the average cost per square foot in Lovington?

In 2026, homes in Lovington sell for an average of around $126 per square foot, with a typical range between $137 and $137 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Lovington is about 2134 square feet, with an estimated 2026 value around $268,270.



Locations close to Lovington, NM

Mcdonald, NM132 $ / ft²
Malaga, NM143 $ / ft²
Maljamar, NM127 $ / ft²
Loving, NM165 $ / ft²
Loco Hills, NM133 $ / ft²
Lakewood, NM146 $ / ft²
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