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LOVINGTON, NM 88260

Real Estate Market Report  ·  Lea County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The LOVINGTON, NM real estate market (88260) currently shows 31 active listings, with 12 pending sales. Homes are averaging 48 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 48 days on market compared to 105 days last year.

The median listing price has risen 9.2% year-over-year, from $230,000 to $251,250.

Whether you are buying or selling in LOVINGTON, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 15,498  ·  Density: 7.3/mi²  ·  Median household income: $72,510

Typical home value: $162,297  ·  Homeownership: 74.2%

Market Overview

Active Listings
31
⇧ 10.7% vs 28 last year
Pending
12
39% pending ratio
Median Price
$251,250
⇧ 9.2% vs $230,000 last year
Average Price
$277,283
⇧ 0.7% vs $275,376 last year
Days on Market
48
⇩ 54.3% vs 105 days last year

Price Per Square Foot

Median $/sqft
$140
⇧ 8.5% vs $129/sqft last year
Median Home Size
1,752 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 31 this year vs 28 last year
  • Days on market: 48 now vs 105 last year

Median & Average Pricing

Year over Year
  • Median: $251,250 (+9.2% YoY)
  • Average: $277,283 (+0.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 66.7 miles — 242 listings ($75,999,055 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88260Lovington, NM 882600.0 mi36$9,718,200$253,000$269,950
88241Hobbs, NM 8824121.1 mi1$270,000$270,000$270,000
88267Tatum, NM 8826722.3 mi1$119,900$119,900$119,900
79323Denver City, TX 7932329.2 mi25$6,819,650$274,975$272,786
88231Eunice, NM 8823139.6 mi2$276,000$138,000$138,000
88232Hagerman, NM 8823244.3 mi3$749,850$249,950$249,950
88210Artesia, NM 8821050.3 mi63$23,785,461$295,000$377,547
88252Jal, NM 8825256.9 mi3$328,875$109,625$109,625
88230Dexter, NM 8823059.9 mi7$1,892,800$255,500$270,400
79714Andrews, TX 7971460.5 mi68$24,092,604$299,923$354,303
79342Loop, TX 7934262.1 mi1$350,000$350,000$350,000
79316Brownfield, TX 7931664.0 mi31$7,525,715$256,900$242,765
88253Lake Arthur, NM 8825366.7 mi1$70,000$70,000$70,000

Frequently Asked Questions

How many homes are for sale in LOVINGTON, NM 88260?

As of March 2026, there are 31 active listings in LOVINGTON, NM (zip code 88260), compared to 28 the prior year.

What is the median home price in LOVINGTON, NM 88260?

The median listing price in LOVINGTON, NM 88260 is $251,250 as of March 2026, a 9.2% increase from $230,000 the prior year.

How long do homes stay on the market in LOVINGTON, NM?

Homes in LOVINGTON, NM 88260 spend an average of 48 days on the market before going under contract, compared to 105 days the prior year.

Is it a seller's or buyer's market in LOVINGTON, NM 88260?

Based on current inventory and days-on-market data as of March 2026, LOVINGTON, NM 88260 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 48 days on market compared to 105 days last year.

How much can I save on real estate commission in LOVINGTON, NM?

With SELL123.com's maximum 3% commission, sellers in LOVINGTON, NM 88260 save an estimated $5,025 compared to a typical 5% commission on the median listing price of $251,250. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.