Mesquite, NM Home Values & Market Trends

Real estate market trends reflect that there have been 7 transactions over the past year in Mesquite. The median value for residential home transactions that occurred over the previous year is $252,698. The number of current listings in Mesquite is 2, and the percentage of properties for sale in the city is 2.00%. Mesquite, NM currently has 1 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 2 properties for sale.

Mesquite, NM Real Estate Market Overview

ZipMedian Est. Value
88048

$ 252,698

$ 167/sqft

Housing Market Summary for Mesquite, NM

Sep 2025September 2026Change
Median Listing Price$0$0-
Median Sold Price$132.8K$189.1K42.38%
Homes For Sale32-33.33%
Homes Sold81025.00%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Mesquite, NM

Mesquite home values range from $127,582 to $278,481. The median estimated value of a home in Mesquite is $252,698. The median list price of a home is 0, and the total count of properties in the city is 14.

Foreclosure
There is 1 zips within Mesquite, NM; within this zips, the median estimated home value for homes in foreclosure ranges from $246,621 in 88048 to the lowest value of $246,621 in 88048. Foreclosure homes account for 7.00% of properties in Mesquite, NM with 88048 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 7.14% of all residential properties in Mesquite, NM with 88048 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Mesquite, NM; of that zips, the estimated home value for pre-foreclosure homes ranges from $246,621 in 88048 to the lowest home value of $246,621 in 88048.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Mesquite, NM ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Mesquite, NM. There is 1 zips within Mesquite, NM; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Mesquite, NM. Auction homes and other auction properties account for 0% of all properties in Mesquite, NM. There is 1 zips within Mesquite, NM; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 14.29% of residential properties in Mesquite, NM with 88048 containing 2 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Mesquite, NM; homes for sale in that zips, have a range of median values from $278,481 in 88048 to the lowest value of $226,915 in 88048.
    Sold Homes
    The median value for recently sold homes ranges from $261,912 in 88048 to the lowest price of $127,582 in 88048. There is 1 zips within Mesquite, NM. 88048 has 10 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 71.43% of properties in Mesquite, NM.

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      Guide for Mesquite, NM

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.

      Recently Listed Homes Mesquite, NM

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