Lovington, NM Housing
As of 2010-2014, median price of a house in Lovington is $79,900, which is much lower than the state average of $159,300 and is much lower than the national average of $175,700. The Lovington median house value has grown by 74.84% since 2000. The growth rate for the price of a house in Lovington is higher than the state average rate of 47.36% and is higher than the national average rate of 46.91%. The median year that a house in Lovington was built is 1968, which is older than the median year for a house built in the state which is 1981 and is older than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 2,288 Owner Occupied Houses in Lovington, NM, #252Lovington, NM | 79,900 USD |
New Mexico | 159,300 USD |
U.S. | 175,700 USD |
Lovington, NM | 74.84% |
New Mexico | 47.36% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Lovington, NM | New Mexico | U.S. | |
Total Housing Units | 3,857, see rank, 100% | 907,233 | 132,741,033 |
Occupied Housing Units | 3,378, 87.58%, see rank | 84.29% | 87.55% |
Owner Occupied | 2,288, 59.32%, see rank | 57.46% | 56.34% |
Renter Occupied | 1,090, 28.26%, see rank | 26.83% | 31.21% |
Vacant Housing Units | 479, 12.42%, see rank | 15.71% | 12.45% |
For Rent | 67, 1.74%, see rank | 2.38% | 2.34% |
For Sale Only | 83, 2.15%, see rank | 1.36% | 1.20% |
Rented or Sold, Not Occupied | 23, 0.60%, see rank | 0.84% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 0, 0.00%, see rank | 5.69% | 3.97% |
For Migrant Workers | 0, 0.00%, see rank | 0.11% | 0.03% |
Other Vacant | 306, 7.93%, see rank | 5.34% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #338Lovington, NM | New Mexico | U.S. |
1968 | 1981 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Lovington, NM | % | New Mexico | U.S. | |
Owner-Occupied Units | 2,288 | 100% | 521,278 | 74,787,460 |
With a Mortgage | 933 | 40.78%, see rank | 58.53% | 65.58% |
Without a Mortgage | 1,355 | 59.22%, see rank | 41.47% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
Lovington, NM | 948 USD |
New Mexico | 1,242 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Lovington, NM | % | New Mexico | U.S. |
$299 or Less | 0 | 0.00%, see rank | 0.22% | 0.20% |
$300 to $499 | 0 | 0.00%, see rank | 2.56% | 1.59% |
$500 to $699 | 166 | 17.79%, see rank | 8.36% | 5.01% |
$700 to $999 | 356 | 38.16%, see rank | 20.68% | 14.32% |
$1,000 to $1,499 | 310 | 33.23%, see rank | 34.20% | 27.90% |
$1,500 to $1,999 | 85 | 9.11%, see rank | 18.89% | 20.35% |
$2,000 to $2,999 | 16 | 1.71%, see rank | 11.36% | 19.52% |
$3,000 or More | 0 | 0.00%, see rank | 3.72% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lovington, NM | 18.00% of the Total Income |
New Mexico | 23.20% of the Total Income |
U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Lovington, NM | % | New Mexico | U.S. | |
10% or Less | 117 | 12.54%, see rank | 7.26% | 5.86% |
10% to 20% | 417 | 44.69%, see rank | 32.85% | 31.95% |
20% to 30% | 142 | 15.22%, see rank | 25.70% | 27.64% |
30% to 40% | 115 | 12.33%, see rank | 12.87% | 13.74% |
40% or More | 142 | 15.22%, see rank | 20.48% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
Lovington, NM | 294 USD |
New Mexico | 324 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Lovington, NM | % | New Mexico | U.S. |
$199 or Less | 274 | 20.22%, see rank | 19.60% | 7.76% |
$200 to $299 | 426 | 31.44%, see rank | 24.69% | 14.70% |
$300 to $499 | 528 | 38.97%, see rank | 37.15% | 34.63% |
$500 to $699 | 92 | 6.79%, see rank | 12.63% | 21.16% |
$700 or More | 35 | 2.58%, see rank | 5.93% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lovington, NM | 10.00% of the Total Income |
New Mexico | 10.00% of the Total Income |
U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Lovington, NM | % | New Mexico | U.S. | |
10% or Less | 870 | 64.21%, see rank | 49.80% | 40.19% |
10% to 20% | 253 | 18.67%, see rank | 27.25% | 31.47% |
20% to 30% | 122 | 9.00%, see rank | 9.72% | 12.24% |
30% to 40% | 30 | 2.21%, see rank | 4.52% | 5.64% |
40% or More | 54 | 3.99%, see rank | 6.81% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Lovington, NM | New Mexico | U.S. | |
Total Housing Units | 3,857, 100% | 907,233 | 132,741,033 |
1-unit, Detached | 2,729, 70.75%, see rank | 64.81% | 61.65% |
1-unit, Attached | 68, 1.76%, see rank | 3.71% | 5.82% |
2 Units | 134, 3.47%, see rank | 1.92% | 3.75% |
3 or 4 Units | 20, 0.52%, see rank | 3.65% | 4.43% |
5 to 9 Units | 13, 0.34%, see rank | 2.72% | 4.78% |
10 or More Units | 127, 3.29%, see rank | 6.53% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 766, 19.86%, see rank | 16.67% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Lovington, NM | New Mexico | U.S. | |
Total Housing Units | 3,857, 100% | 907,233 | 132,741,033 |
1 Room | 125, 3.24%, see rank | 2.62% | 1.95% |
2 Rooms | 57, 1.48%, see rank | 2.34% | 2.48% |
3 Rooms | 285, 7.39%, see rank | 7.65% | 9.13% |
4 Rooms | 686, 17.79%, see rank | 17.57% | 16.60% |
5 Rooms | 1,183, 30.67%, see rank | 24.59% | 20.41% |
6 Rooms | 996, 25.82%, see rank | 20.08% | 18.06% |
7 Rooms | 309, 8.01%, see rank | 12.20% | 12.27% |
8 Rooms | 165, 4.28%, see rank | 6.66% | 8.48% |
9 Rooms or More | 51, 1.32%, see rank | 6.29% | 10.60% |
Median Rooms | 5.20, see rank | 5.30 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Lovington, NM | New Mexico | U.S. | |
Total Housing Units | 3,857, 100% | 907,233 | 132,741,033 |
No Bedroom | 162, 4.20%, see rank | 2.87% | 2.17% |
1 Bedroom | 304, 7.88%, see rank | 9.24% | 11.16% |
2 Bedrooms | 1,020, 26.45%, see rank | 25.66% | 26.69% |
3 Bedrooms | 2,018, 52.32%, see rank | 46.23% | 39.70% |
4 Bedrooms | 321, 8.32%, see rank | 13.82% | 16.05% |
5 or More Bedrooms | 32, 0.83%, see rank | 2.18% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Lovington, NM | New Mexico | U.S. | |
Total Housing Units | 3,378, 100% | 764,684 | 116,211,092 |
Utility Gas | 2,089, 61.84%, see rank | 66.93% | 48.85% |
Bottled, Tank, or LP Gas | 158, 4.68%, see rank | 8.60% | 4.86% |
Electricity | 1,095, 32.42%, see rank | 16.11% | 36.68% |
Fuel Oil, Kerosene, etc. | 10, 0.30%, see rank | 0.13% | 5.86% |
Coal or Coke | 0, 0.00%, see rank | 0.04% | 0.12% |
Wood | 10, 0.30%, see rank | 6.80% | 2.12% |
Solar Energy | 0, 0.00%, see rank | 0.26% | 0.05% |
Other Fuel | 7, 0.21%, see rank | 0.94% | 0.47% |
No Fuel Used | 9, 0.27%, see rank | 0.19% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Lovington, NM | New Mexico | U.S. |
Occupied Units Paying Rent | 978, 100% | 224,786 | 39,201,928 |
$199 or Less | 22, 2.25%, see rank | 1.92% | 1.50% |
$200 to $299 | 69, 7.06%, see rank | 3.59% | 3.18% |
$300 to $499 | 192, 19.63%, see rank | 11.64% | 7.37% |
$500 to $699 | 351, 35.89%, see rank | 23.80% | 16.01% |
$700 to $999 | 239, 24.44%, see rank | 31.60% | 29.17% |
$1,000 to $1,499 | 105, 10.74%, see rank | 21.59% | 26.88% |
$1,500 to $1,999 | 0, 0.00%, see rank | 4.42% | 9.79% |
$2,000 or More | 0, 0.00%, see rank | 1.44% | 6.10% |
Median | $631, see rank | $774 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Lovington, NM | New Mexico | U.S. | |
Occupied Housing Units | 3,378, 100% | 764,684 | 116,211,092 |
No Vehicles Available | 215, 6.36%, see rank | 5.73% | 9.12% |
1 Vehicles Available | 1,002, 29.66%, see rank | 33.48% | 33.80% |
2 Vehicles Available | 1,325, 39.22%, see rank | 37.82% | 37.48% |
3 or More Vehicles Available | 836, 24.75%, see rank | 22.97% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.