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Housing in Lovington, New Mexico

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Housing - Updated September, 2011
HousingLovington, NMUnited States
Median Home Age44.335.1
Median Home Cost$71,700$175,100
Home Appreciation-4.15%-3.15%
Homes Owned61.69%59.90%
Housing Vacant11.94%10.37%
Homes Rented26.37%29.73%
Property Tax Rate$5.19$11.20
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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Less Than $20,0005.35%2.65%
$20,000 to $39,99912.35%3.76%
$40,000 to $59,99923.83%4.99%
$60,000 to $79,99921.71%6.01%
$80,000 to $99,99911.88%7.27%
$100,000 to $149,99917.58%19.24%
$150,000 to $199,9993.34%14.67%
$200,000 to $299,9993.19%18.09%
$300,000 to $399,9990.55%9.14%
$400,000 to $499,9990.20%4.94%
$500,000 to $749,9990.00%5.42%
$750,000 to $999,9990.00%2.03%
$1,000,000 or more0.04%1.77%
HOUSING UNITS BY YEAR STRUCTURE BUILT
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1999 to 20057.04%13.71%
1995 to 19981.22%8.54%
1990 to 19941.74%5.77%
1980 to 19899.97%13.87%
1970 to 197920.57%16.17%
1960 to 196921.62%11.70%
1950 to 195927.49%11.08%
1940 to 19496.60%6.02%
1939 or Earlier3.76%13.15%

The median home value in Lovington, NM, is $71,700. Home appreciation is -4.15% over the last year. The median age of Lovington, NM, real estate is 44 years.

Lovington, NM Apartments and Rentals

Renters make up 26.37% of the Lovington, NM, population. 11.94% of houses and apartments in Lovington, NM, are unoccupied (vacancy rate).


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