Lovington, NM Real Estate
According to census data in the year 2000 there were 3,871 housing units in Lovington.
This represents a 4.6% growth from 3,700 in 1990.
Of those housing units, 3,809 were located in either urbanized areas or urban clusters, and 62 were located in what is classified as a rural area.
Homeownership rate in Lovington is about 73.4%.
Lovington's vacancy rate, including seasonal lodging, is about 14.4%.
Average household size is 2.81 people.
The majority of houses, apartments or condos in Lovington were built after 1964.
|Housing Units by Size|
|Five Bedrooms or more||0.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.94|
|Median year structure was built||1964|
|Median Value of occupied units||$45,700|
|Median Price asked for vacant units||$39,200|
Rented Homes, Apartments and Condos
|Average Household Size||2.44|
|Median year structure was built||1967|
|Median Monthly Rent asked for vacant units||$281|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||1.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.7%|