Housing in Carlsbad, NM

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$283,500

Median List Price

$349,575

Price Per Sq Ft

$183

Days on Market

45

Active Inventory

82

Months of Supply

4.1

Balanced market

Zillow Home Value

$233,526

ZHVI — January 2026

Zillow Rent Index

$1,698

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 9.0%List Price 28.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

21.9%

Sold Above Asking
0.0%
Under Contract in 2 Wks
21.9%
Listings with Price Drops
23.2%

Market Activity

Source: Redfin

Homes Sold

20

New Listings

36

Pending Sales

32

Homes Sold 31.0%New Listings 21.7%Pending 13.5%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$183

Median List $/SF

$195

Sale $/SF 9.6%List $/SF 21.1%Mar 24Jan 26

Carlsbad vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Carlsbad is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$187,900

Median Rent

$1,206

Total Housing Units

14,336

Vacancy Rate

13.1%

Owner Occupied

71.9%

Renter Occupied

28.1%

Median Property Tax

$1,023

per year

Monthly Cost (w/ Mortgage)

$674

Housing Types

Single Family
77.6%
Multi-Family
12.7%
Mobile Home
9.7%

The current median sale price in Carlsbad, NM is $283,500 according to Redfin data. Homes spend a median of 45 days on the market. 0.0% of homes sold above asking price. The market has 4.1 months of supply. The median price per square foot is $183. Zillow's observed rent index is $1,698/month. About 71.9% of housing units are owner-occupied. The median year homes were built is 1970. There are 14,336 total housing units.