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Mesquite 88048

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.New Mexico
$6.6M
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
1
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$182K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Jul 2026 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
2018202020232026
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
2018202020232026
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
2018202020232026
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
2018202020232026
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
2018202020232026
Preforeclosure filingsForeclosure notices filed each month. A rise can be an early sign that more owners are struggling. Auction stage counts the filings that reached a scheduled foreclosure auction.FilingsAuction stage
201720182022202320252026

Housing Stock

HomesHow many homes we have records for in this area.644
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$182K
Median sizeThe middle home size here, measured in square feet.1,377 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1981
Single familyThe share of homes here that are single-family houses.96%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.62%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.1.3%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.74%
Company ownedThe share of homes owned by a company or trust instead of a person.5.1%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.39%
Typical ownership tenureHow long the typical owner here has held their home.18.9 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.67
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.98
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.76

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.6.7%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.13%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.7%
PopulationHow many people live in this area.3,407
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.155 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$35K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$50K
Average tempThe average temperature here across a full year.63°F
Annual precipHow much rain and melted snow falls here in a typical year.9 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.74%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all ZIP codes nationally.

How Mesquite 88048 compares

By median home value, Mesquite 88048 is the 18th most expensive of 24 ZIP codes in Dona Ana County, and its typical home is worth more than 14% of all homes in Dona Ana County.

Home values in Mesquite 88048

Share of homes at each estimated value.

Median
$95K$440K
ZIP codes in Dona Ana County ranked by median home value
#Dona Ana CountyMedian valueHomes
1Mesilla 88046$366K542
2Las Cruces 88011$360K12,059
3Santa Teresa 88008$341K3,691
4Las Cruces 88007$306K7,826
5Mesilla Park 88047$294K431
6Las Cruces 88012$286K12,771
7La Mesa 88044$268K893
8Las Cruces 88005$263K8,130
988054$250K218
1088024$237K273
11Anthony 88021$218K3,439
12Vado 88072$217K438
13Sunland Park 88063$217K2,733
14Las Cruces 88001$207K8,789
15Chaparral 88081$202K2,609
1688027$188K166
1788058$183K126
18Mesquite 88048$182K644
19Dona Ana 88032$173K245
20Organ 88052$173K133
21Hatch 87937$156K655
22Rincon 87940$137K105
23Garfield 87936$121K135
24Salem 87941$119K171

About the Mesquite 88048 market

What is the median home price in Mesquite 88048, NM?

The median sale price in Mesquite 88048, NM is $6,565,000 (data through July 2026), based on deeds recorded with the county.

How many homes sell in Mesquite 88048, NM each year?

1 homes sold in Mesquite 88048, NM over the last 12 months (data through July 2026). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Mesquite 88048, NM?

Mesquite 88048, NM contains 644 residential properties, with a median of 1,377 square feet, 3 bedrooms, built around 1981. The median TopHap Estimate is $182K.

How does Mesquite 88048, NM compare to the rest of Dona Ana County?

By median home value, Mesquite 88048, NM is the 18th most expensive of 24 ZIP codes in Dona Ana County. Its typical home is worth more than 14% of all homes in Dona Ana County. 88058 ranks just above it and Dona Ana 88032 just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Mesquite 88048, NM?

74% of homes in Mesquite 88048, NM are owner-occupied. 5% are held by a company rather than an individual.

How much equity do owners in Mesquite 88048, NM hold?

62% of mortgaged homes in Mesquite 88048, NM are equity-rich, meaning the loan balance is under half the home's value. 1.3% owe more than the home is worth.

Nearby markets

Browse addresses

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Explore Mesquite 88048 on the map

See every recorded sale, price heat map, school zone and flood overlay across Mesquite 88048in TopHap’s interactive 3D map.

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