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Mesquite real estate market overview
- Average Monthly Rent: $1,103
- Home Price/Value Percentage Change: 23.3%
- Median Home Value: $265,000
- Best Time To Sell a Home: December
- Affordability Index: 153
- Days To Sell a House: 43
- Job Market: Fair
- Public School Ranking: 28
Location and weather
Mesquite is located in north central Texas, just 12 miles from Dallas. This city is bordered by Garland to the north and Balch Springs to the south. Also referred to as the Rodeo Capital of Texas, Mesquite is known for hosting the Mesquite Championship Rodeo—which is the biggest attraction of the city.
Mesquite has a subtropical climate, where summers are humid and winters are mildly cool. Given this city's northern location, thunderstorms are frequent in the spring and there is potential for snow.
Population, job market and cost of living
Mesquite has a population of 136,188, with a declining growth rate of -1.15% annually.
The job market has increased by 3.3% over the last year. In ten years, job growth is predicted to be 40.4%. Employment opportunities in Mesquite are not only diverse, but practically endless. Skyline Industrial Park is the city's main business center, which has 300 acres of land that serve as home to some of the biggest industries in the city. One of the largest employers is the United Parcel Service, providing jobs to almost 2,000 residents.
Other big companies include the Dallas Regional Center, Sears, Baker Drywall Ltd, Christian Care Center, and Integra Color. This city offers affordable living, safety, and a high quality of life for families, professionals and independent residents alike.
Mesquite real estate market details
- Creek Crossing Estates
- Falcons Lair
- Town East Estates
- Palos Verdes
- Downtown Mesquite
The average monthly rent in Mesquite is $1,103 for an average apartment size of 825 sq. feet.
There has been a 23.3% increase in Mesquite's median home value over the last year. As of 2022, the median home value is $265,000.
On average, homes in Mesquite sell after 43 days on the market.
The best time to sell a home for the most value is in December, but the best time to sell for the fastest is during August.
The affordability index in Mesquite is 153. This number indicates high affordability in this city.
The top ranked public schools are Motley Elementary School, Kimball Elementary School, Wilkinson Middle, Berry Middle, Legacy Prep Charter Academy Mesquite West Campus, and West Mesquite High School. This information is determined by data regarding academic performance and equity.