The story of this market
The typical home in Carlsbad, New Mexico sells for about $320,725, or $191 per square foot.
Prices are up +14.3% from a year ago, so sellers still have some momentum. Homes take about 39 days to sell. HUD's fair market rent for a two-bedroom is $2,500 a month.
Monthly price momentum
Home values since 2015
+3.3%
NM · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Carlsbad, New Mexico
Carlsbad's housing market is experiencing significant price appreciation, with a 14.3% year-over-year increase driven by the regional energy economy. While sales volume remains steady, the market is characterized by a relatively tight inventory and rising price points. Investors should note that New Mexico is a non-disclosure state, which limits the availability of public sale price records.
No ARED county foreclosure postings attributed to Carlsbad yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 16.5% year over year.
Homes spend a median of 41 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A world-renowned UNESCO World Heritage site featuring extensive cave systems that serves as a major regional tourism anchor.
The city is positioned at the intersection of U.S. Routes 62/180 and 285, serving as a primary transit hub for the southeastern New Mexico region.
The local economy is heavily anchored by the energy sector, particularly oil and gas production in the Permian Basin, alongside significant tourism driven by nearby national parks.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (New Mexico) — New Mexico Ad Valorem Property Tax: Tax is calculated by applying a tax rate (expressed in mills) to the net taxable value. The net taxable value is defined as one-third (33.33%) of the taxable value of the property.
Data retrieved from U.S. Census Bureau QuickFacts and Census Reporter.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.