Xome Value®
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
1
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
$390,315
Range: $273,220-$507,409
Evaluated June 4, 2025
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Property Facts
1316 E Polk Ave, Lovington, NM is a single family home that was built in 1987.
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County:LEA
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Year Built:1987
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Living Area:-
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Lot Size:-
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Zone:-
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Parcel:4 000 350 010 001
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Bedrooms:-
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Bathrooms:-
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Owner:KERBY, NICHOLAS
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Property History
Price History
Date
Event
Price
Source
8/13/2020
Sold
-
Public Records
Sales in a non-disclosure state
Tax History
Year
Taxes
Total Assessment
2024
$1,649 (+1.85%)
$60,738 (+3%)
2023
$1,619 (0%)
$58,968 (0%)
2022
$1,619 (+0.56%)
$58,968 (0%)
2021
$1,610 (+116.98%)
$58,968 (+78.65%)
2020
$742 (+3.49%)
$33,008 (+3%)
2019
$717 (-20.07%)
$32,046 (+3%)
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Market Trends
Lovington
88260
Median Sold Price
The median sold price is the middle price of all the properties that have actually been sold within a specific period.
Using the median sold price can provide valuable insights into actual market transactions and buyer behavior.
1 Year
2 Years
5 Years
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Average Days on Market
Average Days on Market represent the average number of days a property takes to sell. Using Average Days on Market
can help provide insights into the speed at which properties are selling in a particular area or market.
Jun 2024
99 Days
May 2025
87 Days
Change
-12.1%
1 Year
2 Years
5 Years
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Supply and Demand
The following chart shows the relationship between properties for sale (supply) and properties sold (demand) in the
specified market, where available.
For Sale
Sold
1 Year
2 Years
5 Years
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Months of Supply
This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of
Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.
1 Year
2 Years
5 Years
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Area Statistics
People
ZIP (88260)
City (Lovington)
Population
15,288
11,505
Population Density
20.2
1,012.7
People Per Household
3.2
3.2
Median Age
31.2
29.8
Median Household Income
$65,203
$60,357
Average Income
$25,468
$22,033
Economy
ZIP (88260)
City (Lovington)
Unemployment
2.90%
2.90%
Recent Job Growth
3.23%
3.23%
Future Job Growth
47.05%
47.05%
Sales Tax
7.13%
7.13%
Income Tax
4.90%
4.90%
Cost of Living Index
82.3
81.9
Environment
ZIP (88260)
City (Lovington)
Altitude
3925
3911
Rainfall (Inches Annually)
16.1
16.1
Snowfall (Inches Annually)
3.4
3.4
January Avg. Low Temp
26
26
July Avg. High Temp
92.1
92.1
Days of Precipitation Annually
45
45
Days Mostly Sunny Annually
275
267
Comfort Index (During Hot Weather)
8
8
Source: Sperling's Best Places
Nearby Schools
Rating
School Name
Grades
Distance
3
1.4 mi
6
1.6 mi
10-12
2.3 mi
Data provided by GreatSchools.org © 2025.
All rights reserved.
