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Featured local agent — Carlsbad, NM
Sarah Mitchell
Compass Real Estate · Carlsbad, NM
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Carlsbad, NM Housing Market & Real Estate
Housing market overview · Updated monthly ·
$334,275median sale price
How is the Carlsbad, NM housing market right now?
The median home sale price in Carlsbad, NM is $334,275, up 11.4% year-over-year. Homes sell in an average of 48 days with 85 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Carlsbad a buyer's or seller's market?
Carlsbad, NM is currently a seller's market, based on 2.3 months of supply and homes selling in about 48 days. How we determine this →
Homes sold
37
Last 12 weeks
Days on market
48
Average pace
Active listings
85
2.3 months supply
Sale-to-list
—
Below asking
What does the Carlsbad housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $334,275 |
| Median list price | $334,275 |
| Year-over-year price change | +11.4% |
| Average days on market | 48 days |
| Active inventory | 85 listings |
| Months of supply | 2.3 months |
| Median price per sq ft | $193/sq ft |
| Homes sold (latest month) | 37 |
| New listings (latest month) | 45 |
| Listings with a price cut | 22.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Carlsbad by property type?
How the Carlsbad, NM market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $329,638 | $195/sq ft | 36 | 46 days |
| Condo / Co-op | $125,000 | $103/sq ft | 1 | 90 days |
| Townhouse | $290,000 | $124/sq ft | 1 | 191 days |
Source: Redfin · Updated monthly
The Carlsbad housing market is currently classified as a seller's market with a median sale price of $334,275. Prices have risen 11.4% compared to last year, with homes spending an average of 48 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Carlsbad
There are currently 85 homes listed for sale in Carlsbad, New Mexico. The median listing price is $334K.
Active listings
85
Homes on market
Median list price
$334K
Avg. days on market
48
Days until sale
New this week
45
Newly listed
Who lives in Carlsbad?
Population
31,813
Median income
$78,277/yr
Median age
37.4 years
Owner-occupied
71.9%
College grads
20.3%
Avg commute
20.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Carlsbad?
Zillow home value
$259,005
Zillow rent index
$1,568/mo
Price-to-rent ratio
13.8x
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Carlsbad?
Carlsbad is a community of approximately 32K residents with a median age of 37.4 years.The median household income is $78,277, which reflects a relatively affluent area with strong earning potential. 20.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 71.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Carlsbad offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Carlsbad?
14 schools tracked · 7,331 students
The largest public schools serving Carlsbad, NM by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
CARLSBAD HIGH
Grades 9-12 · 1,623 students
CARLSBAD INTERMEDIATE SCHOOL - PR LEYVA CAMPUS
Grades 6-8 · 834 students
DESERT WILLOW ELEMENTARY
Grades K-5 · 820 students
CARLSBAD SIXTH GRADE ACADEMY - ALTA VISTA CAMPUS
Grades 6-8 · 714 students
OCOTILLO ELEMENTARY
Grades K-5 · 711 students
COTTONWOOD ELEMENTARY
Grades K-5 · 671 students
SUNSET ELEMENTARY
Grades K-5 · 419 students
MONTERREY ELEMENTARY
Grades K-5 · 345 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Carlsbad, NM?
Want a head-to-head view? Compare Carlsbad side-by-side with any other U.S. city using our market-comparison tool.
Is Carlsbad a good real estate investment market?
For investors evaluating Carlsbad, the price-to-rent ratio of 13.8x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 11.4% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Carlsbad's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Carlsbad's median home price.
Frequently asked questions
What is the average home price in Carlsbad?
The median home sale price in Carlsbad is $334,275, up 11.4% from last year.
How long do homes stay on market in Carlsbad?
Homes typically spend 48 days on market before going under contract.
What is the median income in Carlsbad?
The median household income is $78,277 per year.
Is Carlsbad a buyer's or seller's market?
With 2.3 months of supply, Carlsbad is currently a seller's market.
What is the Zillow home value estimate for Carlsbad?
The Zillow Home Value Index (ZHVI) for Carlsbad is $259,005, representing the typical home value in the area.
What is the median condo price in Carlsbad?
The median condo/co-op sale price in Carlsbad, NM is $125,000, compared to $329,638 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Carlsbad?
The median single-family home price in Carlsbad, NM is $329,638 (about $195 per square foot).
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