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Median Home Price in Lea County, NM

The median home value in Lea County, NM is $203,827 as of 2026-08-31, up 2.83% from a year earlier.

Median Home Value

$203,827

Year-over-Year

+2.83%

National Rank

#1904 of 3071

Lea County ranks 18th out of 30 counties in NM by median home price, and is -13.3% below the U.S. national median of $235,072. Within NM, the typical county has a median home value of $223,584, making Lea County -8.8% below the NM state median.

View Lea County on the interactive county map →

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Home value history

The typical home value increased by 0.7%, from $202,506 in May 2026 to $203,827 in Aug 2026.

Lea County, NM typical home value from May 2026 to Aug 2026

Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.

Lea County, NM monthly home value history
MonthTypical home valueYear-over-year change
May 2026$202,506+0.6%
Jun 2026$202,528+1.4%
Jul 2026$201,785+2.2%
Aug 2026$203,827+2.8%

Can you afford a home in Lea County?

Households here earn a median of $68,015 a year against a typical home value of $203,827 — a price-to-income ratio of 3.0×, comfortably below the 3× income level generally considered manageable. That is less affordable than roughly 26% of U.S. counties. (How this is calculated.)

Crime in Lea County

Reporting agencies in Lea County recorded a violent crime rate of 733 per 100,000 residents in 2024 — higher than most counties nationally. Property crime runs at 3,508 per 100,000.

Based on 3 reporting cities covering 43,951 residents (FBI UCR data — what this covers).

Common questions about Lea County

How much does a house cost in Lea County, NM?

The median home value in Lea County is $203,827. That's up 2.83% from a year earlier. That is about 13.3% below the U.S. national county median of $235,072, and makes Lea County the 18th most expensive of 30 counties in New Mexico.

Is Lea County affordable?

Median household income here is $68,015, so a typical home costs about 3.0× annual household earnings — relatively affordable compared with other U.S. counties.

Is Lea County a safe place to live?

Reporting police departments in Lea County recorded 733 violent crimes per 100,000 residents. That figure covers 43,951 residents across 3 reporting cities, so it reflects the county's incorporated areas rather than every community within its borders.

Cities in Lea County

Hobbs

Counties with similar home prices in NM

Otero County · Torrance County · McKinley County · Catron County · Socorro County · Grant County · Sierra County · Chaves County

See the full ranked list of New Mexico counties →