88048
Mesquite, New Mexico.
Mesquite, Dona Ana County, NM · Las Cruces, NM metro · population 3,247
to buy the typical home at today's mortgage rate — +$642 (+140%) since Jan 2020.
- 1 year
- Up $4,322 +2%
- $205,742$210,064 since Sep 2025
- 5 years
- Up $58,456 +39%
- $151,608$210,064 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 88048$1,103
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in zip 88048 rose 2.1% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Mesquite, NM — measured over the city limits, which is a different area from this zip.
Typical home value — 88048
Mid-tier homes, smoothed and seasonally adjusted.
- 88048$210,064
- Las Cruces$285,348
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 2.7 | 88072 | Vado | 2,608 | — | $257,259 |
| 5.6 | 88047 | Mesilla Park | 1,660 | — | $353,159 |
| 6.3 | 88024 | Berino | 431 | — | $232,742 |
| 11.2 | 88001 | Las Cruces | 37,690 | $984 | $202,311 |
| 11.5 | 88046 | Mesilla | 656 | — | $278,905 |
| 12.4 | 79821 | Anthony | 7,227 | — | $226,408 |
| 15.2 | 79835 | Canutillo | 11,440 | — | $222,472 |
| 15.3 | 88021 | Anthony | 16,298 | — | $235,131 |
| 16.4 | 79911 | El Paso | 10,192 | $2,407 | $400,177 |
| 17.5 | 88011 | Las Cruces | 33,064 | $1,548 | $353,948 |
| 18.9 | 79934 | El Paso | 28,861 | $1,803 | $253,389 |
| 19.0 | 79932 | El Paso | 30,786 | $1,804 | $328,402 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.