Lovington, New Mexico.
Typical home $184,013 (+4.9% in a year). Hobbs, NM metro.
to buy the typical home at today's mortgage rate — +$94 (+11%) since Jan 2020.
- 1 year
- Up $8,580 +5%
- $175,434$184,013 since Sep 2025
- 5 years
- Down $46,094 -20%
- $230,108$184,013 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.
- Lovington$966
- New Mexico$1,658
- United States$1,922
At the last five years' pace, prices here aren't rising.
Typical home values in Lovington, NM rose 4.9% over the past year — faster than the nation's +1.2%.
Living in Lovington, Lea County, New Mexico
Lovington is a city of 11,668 people in Lea County. Half its households earn more than $68,821 a year and half less, against $68,015 across Lea County; 25% of its people live below the poverty line. 73% of its homes are lived in by their owners and 27% are rented. Unemployment in Lea County was 4.3% in August 2026, and the county had 0.8% more jobs in 2025 than the year before. The most residents work in schools and health care, then farming.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Lovington is a small city in Lea County in the southeastern corner of New Mexico. Most homes are lived in by their owners, and household incomes sit close to the county's, though a good share of residents live below the poverty line. Few adults hold a four-year degree, and the winters are mild and dry with very little snow, while summers turn hot.
Work. Many residents work in schools, hospitals and social care, and others in farming, forestry and mining, in transport, warehouses and utilities, or in the building trades. Among the largest workplaces in Lovington are Nor-lea Hospital, Lovington Schools and American Medical Response. Commutes are fairly long, and relatively few people work from home.
Things to do. The Lea Theater is in or beside town and is a place to catch a show or a film. A longer drive away is the Western Heritage Museum & Lea County Cowboy Hall of Fame, a museum devoted to the region's ranching and cowboy history.
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- 3,415households
- 8%of adults have a degree
- 25%below the poverty line
- 31 mintypical commute
- 9%work from home
What residents work in
Employed residents by industry, from the Census survey. Lea County had 34,047 jobs in 2025, 0.8% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 58° and lows near 30°; warmest in June, with highs near 94° and lows near 65°. About 1 inches of snow and 15 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Hobbs 13W weather station, 16 miles away (NOAA).
Largest workplaces in Lovington
- Nor-lea HospitalCritical access hospital433FTE
- Lovington SchoolsSchool district394FTE
- American Medical Response20
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 1 workplace with 20 or more staff, 20 people in all. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- LightningVery high
- WildfireRelatively high
- Winter weatherRelatively high
- HailRelatively high
- Strong windRelatively high
- Inland floodingRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Lovington’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Lea County and the Hobbs, NM metro.
Lovington home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Lovington$184,013
- New Mexico$315,812
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Lovington15
New listings per month
Sellers arriving at the market.
- Lovington7
Zip codes with a Lovington address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Lovington — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.