Lovington, NM Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Lovington, NM is $202,450, up 19.2% year-over-year. Homes sell in an average of 21 days with 15 active listings. The market is currently a seller's market.
$202,450median sale price
Is Lovington a buyer's or seller's market?
Lovington, NM is currently a seller's market, based on 1.9 months of supply and homes selling in about 21 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
21
Average pace
Active listings
15
1.9 months supply
Sale-to-list
—
Below asking
Lovington, NM market data
| Metric | Value |
|---|---|
| Median sale price | $202,450 |
| Median list price | $295,000 |
| Year-over-year price change | +19.2% |
| Average days on market | 21 days |
| Active inventory | 15 listings |
| Months of supply | 1.9 months |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Lovington housing market is currently classified as a seller's market with a median sale price of $202,450. Prices have risen 19.2% compared to last year, with homes spending an average of 21 days on market, indicating 1.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Lovington
There are currently 15 homes listed for sale in Lovington, New Mexico. The median listing price is $295K.
Active listings
15
Homes on market
Median list price
$295K
Avg. days on market
21
Days until sale
New this week
13
Newly listed
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Frequently asked questions
What is the average home price in Lovington?
The median home sale price in Lovington is $202,450, up 19.2% from last year.
How long do homes stay on market in Lovington?
Homes typically spend 21 days on market before going under contract.
Is Lovington a buyer's or seller's market?
With 1.9 months of supply, Lovington is currently a seller's market.
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