Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lovington area can be challenging. Home prices in Lovington are now at a median cost of $88,938, lower than the Illinois average of $242,002.
The average cost of rent is $647/mo in Lovington, primarily driven by the current value of real estate in the Lovington area. While nearly 52.23% of residents own their homes outright in Lovington, 27.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lovington is $4,776 per month. Households that rent pay about 13.55% of their income on rent here. Lovington's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Williamsburg, IL: higher priced homes
- Lake City, IL: equally priced homes
- Lintner, IL: less expensive homes
- Hammond, IL: higher priced homes
- Pierson, IL: higher priced homes
- Chipps, IL: higher priced homes
- Cadwell, IL: higher priced homes
- La Place, IL: higher priced homes
- Bethany, IL: higher priced homes
- Arthur, IL: higher priced homes
Cities with Similar Populations
- Andover, NH: higher priced homes
- Yates Center, KS: less expensive homes
- Woodlawn, IL: higher priced homes
- Westchester, CT: higher priced homes
- Washington, TX: higher priced homes
- Upper Brookville, NY: higher priced homes
- Underwood, IN: higher priced homes
- Darlington, IN: higher priced homes
- Danvers, IL: higher priced homes
- Damariscotta, ME: higher priced homes
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