Loading forecast data...
Loading forecast data...
Lea, NM · ZIP 88267 · Census Tract 35025001100 · 2027–2030 outlook
Current modeled value
$215K
Downside (P10)
$159K
-26% by 2030
Base Case (P50)
$218K
+1% by 2030
Upside (P90)
$276K
+28% by 2030
Base case: +1% by 2030, with a forecast range from -26% to +28%. The model forecasts this with 70% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $127K | $119K | $119K | $121K | $132K | $158K | $145K | $168K | $200K | $212K | $215K | $214K | $214K | $218K |
| YoY Change | -6.6% | -0.1% | +1.4% | +9.9% | +19.0% | -8.3% | +16.2% | +19.4% | +6.0% | +1.1% | -0.5% | +0.0% | +1.8% | |
| Downside (P10) | $177K | $167K | $159K | |||||||||||
| Upside (P90) | $258K | $267K | $276K |
The forecast range is moderate for this market over this horizon. The confidence level stays remarkably consistent through the forecast period.
1-Year Spread
$177K to $258K
38.1% of median
5-Year Spread
$159K to $276K
53.9% of median
Use these nearby areas to compare price level, upside potential, and forecast risk.
Areas with the most similar current median values
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Lovington area | $213K | $218K | +2.1% | |
| Hobbs (Tract 000600) | $209K | $237K | +13.6% | |
| North Hobbs | $229K | $264K | +15.2% | |
| Lovington (Tract 001003) | $186K | $189K | +1.8% | |
| Lovington (Tract 001004) | $182K | $205K | +12.9% | |
| Hobbs (Tract 000503) | $180K | $190K | +5.6% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Lovington area | $213K | $218K | +2.1% | |
| North Hobbs | $229K | $264K | +15.2% | |
| Hobbs (Tract 000600) | $209K | $237K | +13.6% | |
| Lovington | $182K | $205K | +12.9% | |
| Hobbs (Tract 000400) | $163K | $184K | +12.9% | |
| Hobbs (Tract 000502) | $178K | $200K | +12.5% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Lovington area | $213K | $218K | $117K | |
| Hobbs (Tract 000300) | $101K | $113K | $46K | |
| Hobbs (Tract 000100) | $98K | $103K | $47K | |
| Jal | $98K | $109K | $48K | |
| Hobbs (Tract 000200) | $119K | $134K | $67K | |
| Lovington | $150K | $165K | $82K |
Forecasts are probabilistic model outputs, not guarantees. The model uses historical data and economic indicators; it does not observe property-specific conditions. This is not financial, investment, or real estate advice. Learn more about our methodology.
Model
Homecastr World Model (Schrödinger Bridge v12)
Forecast Horizon
2027 to 2030
Schema Version
forecast_queue
Citation
Hardesty Lewis, D. (2026). Homecastr Home Price Forecast. Retrieved from homecastr.com.
Data Sources
Deep dive into property-level home price forecasts for parcels in this area.