Featuring Property Focus AI™
Lea County Housing Market Trends
Market Summary
Property Focus is a top real estate property search platform that provides in-depth property insights, transaction histories, and ownership data across the U.S. In the past 12 months, Lea County saw 1,646 residential properties sold. As of June 2025, the median price for a single-family home is $241,267, with a median AVM value of $186,000 for properties sold in the last year.
There are 3,104 involuntary liens on 2,516 properties, 53 in pre-foreclosure, and 24,926 properties with more than 50% equity in Lea County. The market also includes 23,677 fully paid-off homes, offering unique opportunities for buyers and investors.
Market Stats Overview
Total Residential Properties
34,021
Total Home Sales
1,631 12 mo. trend
Median Home Price
$241,26712 mo. trend
Average Loan-to-Value
12.69%
Current Pre-foreclosures
53
% of Properties in Distress
0.16%
Total Involuntary Liens
3,104
% of High Equity Homes
73.27%
Markets Nearby Lea County
The cities and zip codes below highlight the highest-value real estate markets within Lea County, ranked by median home sale prices. Top areas include Crossroads ($218,000), Hobbs ($194,000), 88242 ($243,000), and 88114 ($218,000), which have commanded the highest median prices in the local housing market over the past 12 months. These areas represent the most valuable residential properties in the county. Search nearby counties to discover their top markets.