88048 — Mesquite, NM Home Values
Typical home value $209,538 as of July 2026 · 14th of 18 in Las Cruces, NM
Blue: typical home value (Zillow ZHVI) in ZIP code 88048, July 2021 to July 2026. This page shows observed data only; no forecast.
How 88048 compares in the Las Cruces, NM area
ZIP code 88048 (Mesquite, NM) has a typical home value of $209,538 as of July 2026, ranking 14th of 18 ZIP codes tracked in the Las Cruces, NM area, more expensive than about 28% of ZIP codes in the metro. Prices here have moved +1.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +38.8%, from $150,930 in July 2021 to $209,538 in July 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Las Cruces, NM forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Las Cruces.
Population and demographics
ZIP code 88048 has a population of 3,325, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 95.2% Hispanic or Latino, 2.3% White, 2.1% American Indian or Alaska Native, and 0.4% Black or African American.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| VADO ELEMENTARY | 330 HOLGUIN RD, VADO, NM | 1.9 mi |
| MESQUITE ELEMENTARY | 205 NM HWY 228, MESQUITE, NM | 2.7 mi |
| LA MESA ON TRACK PREK CENTER | 253 E CHIMURI, LA MESA, NM | 3.4 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 88048?
$209,538 as of July 2026, the latest month Zillow has published observed data for.
Is 88048 an expensive ZIP code in the Las Cruces, NM area?
88048 ranks 14th of 18 ZIP codes in the Las Cruces, NM area by typical home value, more expensive than about 28% of ZIP codes in the metro.
How much have home values in 88048 changed over the past year?
+1.4% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 88048?
3,325, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 88048?
VADO ELEMENTARY (1.9 mi), MESQUITE ELEMENTARY (2.7 mi), LA MESA ON TRACK PREK CENTER (3.4 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 88048?
No. Every number on this page is observed Zillow data as of July 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Las Cruces, NM forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.