Lovington, NM
Housing market overview · Updated weekly
$202,450median sale price
Homes sold
8
Last 12 weeks
Days on market
21
Average pace
Active listings
15
1.9 months supply
Sale-to-list
—
Below asking
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
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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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