Market analytics · October 2026 archive
Mesquite, Nevada real estate market report.
Monthly sold prices, days to sell, how close homes sold to asking, and months of supply. Updated nightly from Mesquite MLS data.
Updated · Source: Mesquite MLS data
October 2026 · Market Analysis
Mesquite closings fall to 45 as Sun City sellers face a crowded field
Closed sales in Mesquite dropped to 45 in October 2026, down from 55 in September, and the median home price for those sales was $399,000. A year ago, 48 homes closed at a median sale price of $413,188. The housing market now has 358 homes for sale, up from 202 in October 2025. At the current pace of sales, it would take about 8 months to sell every home, which favors buyers (anything over about 6 months does).
Market pulse
Homes for sale grew from 250 in July to 358 in October. New listings rose from 77 to 111 over the same stretch, while closings fell from 69 to 45. Months of supply moved from about 3.6 to about 8. Homes sold for about 97% of asking in October, and only 2 of 45 sold above their list price. The typical sale time held at 42 days, the same as September.
Mortgage context
The 30-year rate is 7.375%, down from 7.875% thirty days ago, after monthly averages climbed from 6.38% in April to 7.51% in October. That drop trims the monthly payment by $110 (4.7%) on a median-priced home. Buyers in the under-$400,000 range, where 23 of October's 45 sales happened, feel rates most, and those homes are still taking about 58 days to sell.
Payment math
With 20% down on a median-priced $399,000 home, the monthly payment for principal and interest is about $2,205 at today's 7.375% rate. That is roughly $110 a month less than 30 days ago, when rates were 7.875%. At April's 6.38% average, the same home cost about $1,992 a month, so buyers are paying about $213 more each month today.
If you're buying
Sun City Mesquite is moving: its 18 October sales had a typical sale time of just 14 days, so bring a firm offer there. Elsewhere, aim at listings with a price cut. 31 of the 45 sales closed below list, and Falcon Ridge homes took a typical 169 days. In Mesquite Vistas, where the typical sale was $269,500, 60 days on the market gives you room to negotiate.
If you're selling
With 358 homes competing, what your home is worth depends on recent sales nearby, and the typical buyer paid about 97% of asking. Price at that level from day one rather than starting high and cutting. 22 of October's 45 sales had a price change. Under $400,000 homes sat about 58 days, so condition and pricing matter most there.
Outlook
Expect inventory to stay elevated through winter, since new listings (111 in October) are outrunning closings. Snowbird season starts in November, which could bring more buyers to Sun City Mesquite and help sales pick up. If rates keep easing from 7.375%, closings could recover from 45, but supply will probably stay above 6 months for now.
Watch for
If new listings stay above 100 a month while closings stay near 45, expect supply to pass 8 months and homes to sell closer to 96% of asking by January.
"Fewer buyers, more homes, and a rate dip that has not yet moved the needle."
Common questions about Mesquite this month
What is the median home price in Mesquite? ▾
The median home price in Mesquite was $399,000 for homes that closed in October 2026, down from $413,188 a year earlier. The average sale price was $451,263. It runs higher because a few expensive sales, including three over $700,000, pull the average up while the median is the middle sale. The median list price was $419,000.
Is Mesquite a buyer's or seller's market right now? ▾
October 2026 leans toward buyers in Mesquite. There were 358 homes for sale and only 45 closings, about 8 months of supply, where over 6 months favors buyers. Homes sold for about 97% of asking, and 31 of 45 sold below list price.
How much is my Mesquite home worth? ▾
Start with recent nearby sales. In October 2026 the median sale price was $399,000, homes sold for about 97% of asking, and the typical sale took 42 days. Your home's value depends on similar homes in your community, such as Sun City Mesquite, where the October median was $453,466.
What are homes selling for in Sun City Mesquite? ▾
Sun City Mesquite had 18 sales in October 2026 at a median of $453,466, the largest count of any Mesquite community. The typical sale took 14 days, much faster than the town as a whole. In September it had 26 sales at $390,000.
Number of Homes
Homes for sale · newly listed · sold each month
Sale & Asking Prices
Typical sale price · typical asking price of homes for sale
Months of Supply
How many months to sell every home for sale at the current pace (under 6 favors sellers)
Sale Price vs. Asking Price
How close homes sold to their original asking price (over 100% means homes sold above asking)
Days to Sell
Typical number of days from listing to going under contract
Total Sales Dollars
Combined dollar value of homes for sale · newly listed · sold each month
October 2026 cohort breakdown
Distribution of what closed last month — by price band, sale-vs-list outcome, and top subdivisions.
How sales priced vs asking
45 sold homes that had a list price recorded
How long homes take to sell
The middle half of homes sold within this many days
Half of homes sold within 6–113 days. The typical home took 42 days to sell.
Needed a price change
Sold listings that had a recorded price change before close
22 of 45 sold homes had at least one price change while listed. Lower = sellers are pricing right the first time.
Sales by price band
Homes sold grouped by price — how many sold and the typical days to sell
Top subdivisions this month
Ranked by closed count
- 1. Sun City Mesquite 18 sold · $453K · 14d
- 2. Mesquite Vistas 6 sold · $270K · 60d
- 3. Falcon Ridge 4 sold · $586K · 169d
- 4. Canyon Crest 3 sold · $399K · 44d
- 5. Mesa Townhomes 3 sold · $214K · 167d
October 2026 by property type
How each housing type performed last month — 45 closings total across subtypes.
Summary Statistics
| Metric | Oct-26 | Oct-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Homes Sold | 45 | 48 | -6.25% | 633 | 564 | +12.23% |
| Typical Sale Price | $399,000 | $413,188 | -3.43% | $390,008 | $389,992 | 0.00% |
| Typical Days to Sell | 42 | 16 | +162.50% | 47 | 38 | +23.68% |
| Sale Price vs. Asking | 97.06% | 97.94% | -0.90% | 97.04% | 97.40% | -0.37% |
Sources: Mesquite MLS data, aggregated by Homes For Sale In Mesquite Nevada. "Sale price vs. asking" compares the price a home sold for to its final asking price. "Months of supply" is how many months it would take to sell every home currently for sale at the recent pace of sales.