Photo: AllenS · Public domain79 homes sold in Lovington in the last year, at a typical $226K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lovington homes are listed.
Every place Lovington homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Lovington.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 99% of Lovington’s sales, at a typical $227K
79 homes sold in the year to May 2026.
typical sale · 78 sold in 12 months
- Per square foot
- $143NM $212
- Days to sell
- 28
- Sold over asking
- 0%
- Listings with a price cut
- 20%
Multi-family (2–4 units): 1 sold, typical $135K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.6 times the 2016 price
79 sales in the last year, against 102 in 2021 and a low of 44 in 2014. The typical sale went from $140K in 2016 to $226K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Lovington
Check a listing against what Lovington homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Lovington are back to pre-pandemic levels, but 58% fewer homes come up for sale
We read every month of Lovington’s home sales since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 79 sales.
If you’re buying in Lovington
- Shop in April. It brings about 9 new listings a month, close to the busiest month, with fewer bidding wars (0% over asking).
- Offer under asking. Buyers paid 74.3% of the list price on average; 0% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Summer brings the homes; winter brings the bidding wars
June has the most new listings (about 10 a month), but January is the most competitive: 0% of January sales close over asking. April offers nearly as much choice with fewer homes bid up (0%). January has the least competition (0%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like New Mexico as a whole
| Lovington now | 2017–19 | 2021 peak | NM now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 0% | 0% | 0% | 3% |
| Gone within two weeksShare of homes under contract within 14 days | 49% | 1% | 0% | 26% |
| Listings with a price cutShare of homes for sale that cut their price | 20% | — | — | 21% |
| Price paid vs. askingAverage sale price ÷ list price | 74.3% | — | — | 96.5% |
| Days to sellMedian days from listing to contract | 28 | 113 | 87 | 64 |
13 homes for sale on a typical day
That’s 58% fewer than in 2017–19 and well under 2021’s 36.
1 in 5 listings has cut its price
20% in the last year, against — in 2017–19 and 21% across New Mexico.
Lovington ranks 23rd of 24 busy New Mexico markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Lovington is one of the state’s calmer markets.
Source: Redfin Data Center, city market tracker, January 2014 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Lovington home costs about $1,283 a month
Price: Lovington’s typical sale, last 12 months. Property tax at Lovington’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lovington is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. November has the fewest, about 5.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $226K home, about $1,250 a year.
Taxes vs. neighborsSchools
The schools grade for Lovington, from test results, graduation and how much students grow.
Schools in LovingtonTypical commute
The average one-way trip to work for people who live in Lovington.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; North Hobbs for far more
The busier markets within 25 miles of Lovington, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Hobbs | 365 | $275K | $155 | 0% | 17 |
| Lovington | 79 | $226K | $143 | 0% | 28 |
| North Hobbs | 50 | $348K | $180 | 0% | 36 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Lovington, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lovington. People who follow the town see it, and so do people comparing Lovington with their own town. No commission, no listing fee.
Questions about buying a home in Lovington
What do homes sell for in Lovington, NM?
79 homes sold in the year to May 2026 at a typical $226K, $143 a square foot.
Is Lovington a buyer’s or seller’s market?
A seller’s market: 9 homes were for sale in May 2026 and 8 sold, about 1.1 months of supply. Buyers paid 74.3% of asking on average, and 20% of listings cut their price.
When is the best time to buy in Lovington?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Lovington?
About 0.6% of a home’s value a year. On a $226K home that’s near $1,250.
Where can I see homes for sale in Lovington?
Zillow, Redfin, Realtor.com and Homes.com all carry Lovington’s MLS listings; the search links above open each one filtered to Lovington.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).