Lea County, NM Housing Market Brief
county · NM · as of August 2026
What is Lea County, NM’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Lea County, NM in its market cycle?
Lea County, NM is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Lea County, NM?
Our model forecasts Lea County, NM’s home prices to rise about 1.5% over the next 12 months (medium confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Lea County, NM housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $262K | ▲ +3.7% |
| Median Days on Market | 11 days | ▼ -21.4% |
| Months of Supply | 1.2 | ▼ -33.3% |
| Homes for Sale | 48 | ▼ -43.5% |
| Homes Sold | 42 | ▼ -16% |
| Median Price / Sq Ft | $158 | ▲ +9.6% |
How has Lea County, NM’s Alpha Score moved?
Markets like Lea County, NM
Frequently asked questions
Is Lea County, NM a buyer's or seller's market?
As of August 2026, Lea County, NM is classified as a Seller's Market, based on its Alpha Score of 65 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Lea County, NM?
The median sale price in Lea County, NM is $262K, having risen 3.7% over the past year.
How affordable is Lea County, NM?
Lea County, NM scores 60 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other counties.
What's driving Lea County, NM's Alpha Score?
Lea County, NM's strongest dimension is Rental Yield (83/100) and its weakest is Economic Strength (47/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Lea County, NM? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.