Mesilla—88046
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mesilla
As of Oct '25, the median home price in Mesilla is $341,000, with a year-over-year change of -1.8%. This indicates that home prices in Mesilla are decreasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $341,000 | -1.8% |
| Single Family | $342,000 | -1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mesilla
As of July '25, Rentcast reports the average rent in Mesilla is $925, with a year-over-year rent change of -41.1%. Per bedroom, the median rent as of July '25 in Mesilla is 2-bedrooms: $925. The most common rental property sizes in Mesilla are 3-bedroom and 2-bedroom, accounting for 51.0% and 27.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $925 | $925 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $925 | $925 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mesilla
As of Oct '25, Realtor.com reports that the median days on market for a home in Mesilla is 105. This is a decrease of -21.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $675,000 | 37.0% |
Listing Count | 9 | 18.0% |
| Listings as % of Homes | 0.5% | 18.0% |
Days on Market | 105 | -21.0% |
Demographics — Mesilla
As of the latest ACS Survey released in 2023, Mesilla has a population of 725, which has increased by 10.7% over the past 5 years. Mesilla is a less popular place for families, as children make up 7.0% of the population. The area has a moderately educated workforce, with 42.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 36.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 725 | 10.7% |
% Under 18 | 7.0% | -39.7% |
% Seniors | 24.7% | -34.0% |
% WFH | 36.0% | 249.5% |
% w/ College Degree | 42.4% | 11.9% |
As of the latest ACS Survey released in 2023, Mesilla is a predominantly white area, with 58.8% of the population identifying as white. The white population has grown by 269.8% in the last 5 years. The second most common race or ethnicity in Mesilla is hispanic, making up 41.2% of the population. Foreign-born residents account for 2.6% of the population in Mesilla, and this percentage has increased by 52.9% 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 | 58.8% | 269.8% |
% Black | 0.0% | -100.0% |
% Hispanic | 41.2% | -50.6% |
% Asian | 0.0% | N/A |
% Foreign Born | 2.6% | 52.9% |
Mortgage and Risk — Mesilla
Mesilla lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Mesilla
Mesilla lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 4.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $980 |
| 2 Bedroom | $165 | $925 | $1,090 |
| 3 Bedroom | N/A | N/A | $1,510 |
| 4 Bedroom | N/A | N/A | $1,680 |
Affordability — Mesilla
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $341,000 |
| Median Household Income | $66,300 |