Call or Text (240) SELL-123
County Overview

Lea County, NM

Aggregate real estate market report across county ZIPs
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The Lea County, NM real estate market currently shows 166 active listings, with 89 pending sales. Homes are averaging 48 days on the market before going under contract.

Inventory has increased compared to last year, with 38 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 48 days on market compared to 46 days last year.

The median listing price has fallen 4.2% year-over-year, from $343,250 to $328,725.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for Lea County, NM and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 73,103  ·  Density: 158.6/mi²  ·  Median household income: $65,929

Typical home value: $161,299  ·  Homeownership: 67.3%

Included Areas

Hobbs: 88240, 88241, 88242, 88244

Caprock: 88213

Crossroads: 88114

Eunice: 88231

Jal: 88252

Lovington: 88260

Maljamar: 88264

Mcdonald: 88262

Monument: 88265

Tatum: 88267

Area Map

Market Overview

Active Listings
166
⇧ 29.7% vs 128 last year
Pending
89
54% pending ratio
Median Price
$328,725
⇩ 4.2% vs $343,250 last year
Average Price
$394,283
⇧ 7.2% vs $367,734 last year
Days on Market
48
⇧ 4.3% vs 46 days last year

Price Per Square Foot

Median $/sqft
$166
⇧ 6.4% vs $156/sqft last year
Median Home Size
1,869 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.9%
Listings with no price change
Price Reduced
0.1%
⇧ 42.7% vs 0.1% last year
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %