Lovington, Lea County, NM Housing Trends, Rent, Price-to-Rent

Market Summary

Lovington, Lea County, NM

Median Home Price Price

$175,946 $175.9K

Median Monthly Rent Rent

$1,150 $1.1K

GRM

13.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Lovington, NM is $1,150, with MoM change +$8 and YoY change +$58 pointing to positive momentum while volatility is low (std $16).

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Metric

Base market Lovington, NM

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Delta vs base

Median rent

$1,150

N/A

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Median price

$175,946

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YoY change

+$58

N/A

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Price-to-rent

12.7x

Data unavailable

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