Mesquite, TX—75181
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mesquite, TX
As of Oct '25, the median home price in Mesquite, TX is $316,000, with a year-over-year change of -5.4%. This indicates that home prices in Mesquite, TX are decreasing. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $316,000 | -5.4% |
| Single Family | $316,000 | -5.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $235,000 | -6.7% |
3 Bed | $283,000 | -6.3% |
4 Bed | $338,000 | -5.6% |
| 5 Bed | $387,000 | -5.6% |
% of Housing Stock
Rental Trends — Mesquite, TX
As of July '25, Rentcast reports the average rent in Mesquite, TX is $2,740, with a year-over-year rent change of 7.5%. Per bedroom, the median rent as of July '25 in Mesquite, TX is 3-bedrooms: $2,290, 4-bedrooms: $2,840. The most common rental property sizes in Mesquite, TX are 4-bedroom and 3-bedroom, accounting for 42.4% and 34.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,750 | $2,740 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,150 | $2,290 |
| 4 Bed Rent | $2,800 | $2,840 |
% of Rental Stock
Property Listings — Mesquite, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Mesquite, TX is 52. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $332,000 | -14.0% |
Listing Count | 223 | 16.0% |
| Listings as % of Homes | 1.1% | 16.0% |
Days on Market | 52 | -3.0% |
Demographics — Mesquite, TX
As of the latest ACS Survey released in 2023, Mesquite, TX has a population of 28,000, which has decreased by -3.0% over the past 5 years. Mesquite, TX is a popular place for families, as children make up 31.8% of the population. The area has a poorly educated workforce, with 22.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,000 | -3.0% |
% Under 18 | 31.8% | 5.6% |
% Seniors | 8.9% | 18.7% |
% WFH | 7.2% | 105.7% |
% w/ College Degree | 22.8% | -9.5% |
As of the latest ACS Survey released in 2023, Mesquite, TX is a predominantly black area, with 39.7% of the population identifying as black. The black population has grown by 12.1% in the last 5 years. The second most common race or ethnicity in Mesquite, TX is hispanic, making up 32.2% of the population. Foreign-born residents account for 22.0% of the population in Mesquite, TX, and this percentage has increased by 20.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 16.0% | -38.9% |
% Black | 39.7% | 12.1% |
% Hispanic | 32.2% | -3.3% |
% Asian | 5.3% | 47.2% |
% Foreign Born | 22.0% | 20.9% |
Mortgage and Risk — Mesquite, TX
According to HUD data as of 2023, there were 448 mortgage originations in Mesquite, TX, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Mesquite, TX. Investor activity is low, as 8.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 448 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 8.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Mesquite, TX
Mesquite, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1,330 |
Total Units Section 8 | 1,330 |
% Rentals under Section 8 | 107.0% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,250 |
| 2 Bedroom | N/A | N/A | $2,640 |
| 3 Bedroom | $1,160 | $2,150 | $3,310 |
| 4 Bedroom | $1,450 | $2,800 | $4,250 |
Affordability — Mesquite, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $316,000 |
| Median Household Income | $107,000 |