Mesquite, NM is a great place for homeowners looking to invest in real estate. The median value for housing in Mesquite, NM is $181,700, which is significantly lower than the US median value of $338,100. Additionally, the one-year appreciation rate of house prices in Mesquite, NM is 16.79%, higher than the national average of 8.27%. This makes buying a home in Mesquite an attractive and profitable investment option for potential homeowners.
The median home cost in Mesquite is $181,700. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Mesquite is up 18.3%.
Average Age of Homes
- The median age of Mesquite real estate is 26 years old
The Rental Market in Mesquite
- Renters make up 34.2% of the Mesquite population
- 11.4% of houses and apartments in Mesquite, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.