88260
Lovington, New Mexico.
Lovington, Lea County, NM · Hobbs, NM metro · population 15,160
to buy the typical home at today's mortgage rate — +$123 (+14%) since Jan 2020.
- 1 year
- Up $8,489 +5%
- $177,854$186,342 since Sep 2025
- 5 years
- Down $39,282 -17%
- $225,624$186,342 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 88260$978
- United States$1,922
At the last five years' pace, prices here aren't rising.
Typical home values in zip 88260 rose 4.8% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Lovington, NM — measured over the city limits, which is a different area from this zip.
Typical home value — 88260
Mid-tier homes, smoothed and seasonally adjusted.
- 88260$186,342
- Hobbs$196,515
- United States$366,157
Within 20 miles
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.