Zip 88046 (Mesilla, NM) Housing

Mesilla, NM has a median housing value of $272,500, which is much lower than the US median value of $338,100. However, the one-year appreciation rate for homes in Mesilla is higher than the national rate at 16.79%, compared to 8.27%. This indicates that home values in Mesilla are increasing faster than most other areas in the United States. Housing in Mesilla is an attractive investment as it offers more affordable prices and a strong trend of increasing value over time.

The median home cost in Mesilla (zip 88046) is $272,500. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Mesilla (zip 88046) is up 18.3%.

Average Age of Homes

- The median age of Mesilla (zip 88046) real estate is 76 years old

The Rental Market in Mesilla (zip 88046)

- Renters make up 45.1% of the Mesilla (zip 88046) population
- 3.4% of houses and apartments in Mesilla (zip 88046), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Mesilla, New Mexico	United States
	414.0	139,647,020.0
	68	42
	$272,500	$338,100
	18.3%	16.6%
	57.5%	57.0%
	65.2%	101.1%
	$7.82	$10.98
	$962	$2,690
	50.2%	57.4%
	13.5%	11.2%
	36.2%	31.4%
Vacant Housing
	3.4%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	6.8%	3.6%
	3.4%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	13.9%	11.3%
	32.7%	13.0%
	17.8%	20.1%
	25.0%	13.6%
	0.0%	8.3%
	10.6%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.9%	13.6%
	3.9%	13.6%
	0.0%	13.6%
	10.1%	13.2%
	15.9%	14.8%
	0.0%	13.6%
	19.1%	10.0%
	7.7%	4.7%
	36.7%	12.2%

Reviews for Mesilla

See all (0)

Write a Review

Start Your Review of Mesilla

Commute