Mesquite, NM housing market
The typical Mesquite home is worth about $222,000, up 1.5% in a year, 30% below the New Mexico typical home.
Home values, sales, trends and how Mesquite compares with the towns next door — updated as new data is published.
Mesquite at a glance
Only 1 sale in April 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Mesquite | New Mexico |
|---|---|---|
| 2017 | $111,000 | $178,000 |
| 2018 | $118,000 | $184,000 |
| 2019 | $129,000 | $193,000 |
| 2020 | $130,000 | $205,000 |
| 2021 | $145,000 | $229,000 |
| 2022 | $163,000 | $263,000 |
| 2023 | $187,000 | $287,000 |
| 2024 | $209,000 | $302,000 |
| 2025 | $223,000 | $313,000 |
| 2026 | $216,000 | $315,000 |
| August 2026 | $222,000 | $318,000 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $970
HUD's Fair Market Rent for a two-bedroom in Mesquite is $970 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $700 · 4 bedrooms $1,480
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (88048; Las Cruces, NM MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Mesquite
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.