58Alpha

Lea County, NM Housing Market Brief

county · NM · as of July 2026

Balanced

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.

Price Momentum20%
36
Inventory Health25%
72
Affordability20%
54
Economic Strength20%
51
Rental Yield15%
79

Where is Lea County, NM in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Lea County, NM is classified as Mature holding near a healthy peak. 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

MetricValueYoY
Median Sale Price$280K▲ +2.9%
Median Days on Market14 days-51.7%
Months of Supply1.4-22.2%
Homes for Sale54-29.9%
Homes Sold40-9.1%
Median Price / Sq Ft$153-0.8%

How has Lea County, NM’s Alpha Score moved?

Now: 58
12-period trend
Median sale price · 12 mo

Markets like Lea County, NM

Frequently asked questions

Is Lea County, NM a buyer's or seller's market?

As of July 2026, Lea County, NM is classified as a Balanced Market, based on its Alpha Score of 58 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 $280K, having risen 2.9% over the past year.

How affordable is Lea County, NM?

Lea County, NM scores 54 out of 100 on affordability — moderately 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 (79/100) and its weakest is Price Momentum (36/100). 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.