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County Overview

Lea County, NM

Aggregate real estate market report across county ZIPs
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The Lea County, NM real estate market currently shows 168 active listings, with 99 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 38 days on market compared to 51 days last year.

The median listing price has risen 0.7% year-over-year, from $301,531 to $303,550.

Whether you are buying or selling in Lea County, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 73,103  ·  Density: 158.6/mi²  ·  Median household income: $65,929

Typical home value: $161,299  ·  Homeownership: 67.3%

Included Areas

Hobbs: 88240, 88241, 88242, 88244

Caprock: 88213

Crossroads: 88114

Eunice: 88231

Jal: 88252

Lovington: 88260

Maljamar: 88264

Mcdonald: 88262

Monument: 88265

Tatum: 88267

Area Map

Market Overview

Active Listings
168
⇩ 5.1% vs 177 last year
Pending
99
59% pending ratio
Median Price
$303,550
⇧ 0.7% vs $301,531 last year
Average Price
$336,580
⇧ 6.3% vs $316,671 last year
Days on Market
38
⇩ 25.5% vs 51 days last year

Price Per Square Foot

Median $/sqft
$153
⇧ 4.1% vs $147/sqft last year
Median Home Size
1,840 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
100%
Listings with no price change
Price Reduced
0%
⇩ 38% vs 0.1% last year
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %