Zip 88048 (Mesquite, NM) Housing

The housing market in 88048 Mesquite, NM is thriving. The median value of a house in the area is $181,400, which is significantly lower than the US House Median Value of $338,100. The appreciation rate for the past year has also been impressive at 16.79%, outpacing the national average of 8.27%. This solid performance makes Mesquite an attractive destination for those looking for an affordable and stable place to call home.

The median home cost in Mesquite (zip 88048) is $181,400. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Mesquite (zip 88048) is up 18.3%.

Average Age of Homes

- The median age of Mesquite (zip 88048) real estate is 31 years old

The Rental Market in Mesquite (zip 88048)

- Renters make up 23.1% of the Mesquite (zip 88048) population
- 3.2% of houses and apartments in Mesquite (zip 88048), 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	Mesquite, New Mexico	United States
	1,277.0	139,647,020.0
	30	42
	$181,400	$338,100
	18.3%	16.6%
	57.5%	57.0%
	65.2%	101.1%
	$7.82	$10.98
	$918	$2,690
	81.4%	57.4%
	5.6%	11.2%
	13.0%	31.4%
Vacant Housing
	3.2%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	2.3%	4.1%
Value of Owner-Occupied Housing
	10.7%	2.6%
	13.7%	2.4%
	7.6%	2.8%
	5.4%	3.9%
	30.2%	4.5%
	9.3%	11.3%
	15.8%	13.0%
	5.8%	20.1%
	0.0%	13.6%
	1.6%	8.3%
	0.0%	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%
	12.5%	13.6%
	12.5%	13.6%
	34.8%	13.6%
	8.6%	13.2%
	29.1%	14.8%
	34.8%	13.6%
	1.8%	10.0%
	2.3%	4.7%
	1.6%	12.2%

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