Carlsbad, with its unique desert charm, is an ideal location for real estate investment because of its booming economy and tourism. Located in southeastern New Mexico, Carlsbad offers a strong employment market, affordable real estate, and natural beauty, all of which attract residents and visitors. The city is close to Carlsbad Caverns National Park, a major tourist attraction that draws hundreds of thousands of visitors each year. This supports demand for both short-term rentals and permanent housing.
The economy in Carlsbad is primarily supported by the oil and gas industry, which has led to strong job growth in recent years. Companies such as Chevron, ConocoPhillips, and XTO Energy operate in the Permian Basin area, and employ thousands of workers who require housing. This demand is further boosted by contractors and temporary workers, who are often looking for rental properties.
Areas around North Canal Street are ideal for people interested in short-term rentals. And for families, neighborhoods like La Huerta and Happy Valley offer spacious homes, good schools, and a suburban feel, attracting long-term residents. Carlsbad's relatively low property prices and strong rental demand offer potential for high returns, especially for investors interested in both residential and short-term rental markets.
Popular Streets in Carlsbad, New Mexico
Alameda St34732$227,2662,044 Sq.Ft.4/25/2025Canal St67132$292,5693,661 Sq.Ft.4/28/2025Canyon St33432$200,0683,275 Sq.Ft.4/8/2025Church St30031$255,9101,647 Sq.Ft.4/8/2025Guadalupe St31132$298,0752,227 Sq.Ft.4/13/2025Halagueno St34232$215,8072,174 Sq.Ft.4/8/2025Main St30732$191,3771,692 Sq.Ft.1/14/2025Mesa St36032$258,7902,366 Sq.Ft.3/24/2025National Parks Hwy360N/AN/A$396,4482,389 Sq.Ft.4/1/2025Queens Hwy3211N/A$295,7712,506 Sq.Ft.2/24/2025All Streets in Carlsbad, New Mexico
1 & 2 Catron St1N/AN/A$370,000N/A7/28/20231st St19131$258,1891,607 Sq.Ft.1/16/20252 3 Sosa St1N/AN/A$245,000N/AN/A2nd St13832$193,0141,680 Sq.Ft.8/30/20243rd St15732$215,4711,640 Sq.Ft.3/21/20254th St12421$220,4231,772 Sq.Ft.1/29/20255th St13531$250,4141,390 Sq.Ft.12/19/20246th St20431$221,3421,456 Sq.Ft.1/23/20257th St4632$253,8481,352 Sq.Ft.10/28/20248th St19021$334,0851,624 Sq.Ft.4/3/20259th St7731$203,3121,339 Sq.Ft.4/24/202510th St16832$233,5541,580 Sq.Ft.1/6/202511th St21732$256,0511,592 Sq.Ft.3/6/202512th St9332$292,6091,588 Sq.Ft.1/30/202514th St534$384,2502,102 Sq.Ft.10/15/202425 Nicholas Rd1N/AN/A$757,0002,253 Sq.Ft.12/23/2021707 709 North Main St1N/AN/A$354,0006,732 Sq.Ft.N/AAbner St7232$199,2731,231 Sq.Ft.3/28/2025A & B W Fox St1N/AN/A$245,0001,600 Sq.Ft.3/27/2007Acoma Rd1332$341,2004,018 Sq.Ft.2/27/2025Adams St44N/A$345,2502,075 Sq.Ft.10/6/2023Adobe St3222$214,0941,552 Sq.Ft.11/19/2024A-D W Blodgett St1N/AN/A$1,173,000N/AN/AAgave Dr3042$312,3001,997 Sq.Ft.11/7/2023A-I N Lake St1N/AN/A$225,000N/AN/AAirport Ave443N/A$204,1051,229 Sq.Ft.6/7/2024Airway5N/AN/A$746,0006,260 Sq.Ft.12/16/2024Airway Dr5N/AN/A$927,000N/A8/22/2019Alabama St1N/AN/A$158,0002,784 Sq.Ft.7/31/2023Alameda St34732$227,2662,044 Sq.Ft.4/25/2025Alamosa St7232$249,0561,469 Sq.Ft.2/26/2025Alani Ct233$413,5002,297 Sq.Ft.6/21/2021Albert St3432$252,6971,651 Sq.Ft.4/7/2025Alder Ct643$421,1672,234 Sq.Ft.11/10/2023Algerita St6432$215,4221,773 Sq.Ft.4/25/2025Alkali Rd2N/AN/A$312,0001,257 Sq.Ft.11/20/2014Allan St4N/AN/A$235,7501,673 Sq.Ft.7/16/2020Alpha St1032$389,0002,588 Sq.Ft.10/23/2024Alta Vista St3N/AN/A$123,000N/AN/AAlvarado St17031$187,5471,781 Sq.Ft.2/10/2025Amarillis5N/AN/A$203,800N/AN/AAmber Dr3432$324,9121,922 Sq.Ft.3/6/2025Anderson St3N/AN/A$257,3331,627 Sq.Ft.5/13/2021Angelo Cir7N/AN/A$220,8571,928 Sq.Ft.7/9/2021Angel Ranch Rd28N/AN/A$392,7502,076 Sq.Ft.10/15/2024Anita Ave543$490,4002,814 Sq.Ft.1/20/2025Annie Oakley Ln9N/AN/A$382,1431,848 Sq.Ft.10/29/2024Apache Dr1843$447,4293,522 Sq.Ft.9/3/2020Apache Rd43N/A$392,7502,507 Sq.Ft.6/25/2021Apple St3342$257,9091,625 Sq.Ft.4/30/2025Aquamarine Dr2442$373,0421,969 Sq.Ft.3/17/2025Arabella Ln5N/AN/A$738,2003,882 Sq.Ft.1/4/2022Arbor Ct843$474,2502,964 Sq.Ft.7/16/2021Arkansas St1443$224,5001,816 Sq.Ft.1/30/2024Armstrong Rd34N/AN/A$313,5002,335 Sq.Ft.N/AArroyo Dr1N/AN/AN/AN/A7/26/2017Ash Cir332$230,6671,625 Sq.Ft.5/29/2024Ash St14332$189,8881,666 Sq.Ft.4/23/2025Aspen Ct1N/AN/A$2,232,000N/AN/AAtoka Rd1N/AN/AN/AN/AN/AAvalon Rd5N/AN/A$395,0003,424 Sq.Ft.9/7/2023Avenue A4632$487,2831,187 Sq.Ft.11/7/2024Avenue B4932$276,2081,205 Sq.Ft.1/27/2025Avenue C2532$443,4801,446 Sq.Ft.3/31/2025Averi Loop19N/AN/A$316,5791,682 Sq.Ft.2/2/2025Aviation Way1N/AN/AN/AN/A7/26/2022Avita St1N/AN/AN/A1,368 Sq.Ft.N/AAvitia44N/AN/A$266,2571,736 Sq.Ft.4/1/2025Badger St4N/AN/A$363,250N/AN/ABaler Ln5342$385,4342,055 Sq.Ft.4/3/2025Ballard Ranch Rd5N/AN/A$411,0004,212 Sq.Ft.N/ABalsa St1442$279,2142,015 Sq.Ft.4/19/2023Baltros Ct9N/AN/A$254,0002,035 Sq.Ft.1/9/2018Bannister Rd8642$452,2442,018 Sq.Ft.11/7/2024Barcelona Ct2232$342,5001,878 Sq.Ft.4/29/2024Barnes Rd14N/AN/A$341,4621,150 Sq.Ft.12/24/2024Beaver Tail Rd4N/AN/A$207,2501,619 Sq.Ft.3/15/2021Bert Ln14N/AN/A$253,3851,282 Sq.Ft.N/ABeta St943$631,1112,886 Sq.Ft.11/19/2024Between Prickly Pear & Old Cavern Hwy1N/AN/AN/AN/AN/ABilly The Kid Ct1042$416,3002,392 Sq.Ft.7/12/2024Bindel St2732$187,4072,056 Sq.Ft.3/10/2025Birch Ln3131$207,1941,672 Sq.Ft.3/5/2025Bitter Cherry Rd15N/AN/A$356,5002,668 Sq.Ft.2/28/2025Blackfoot Rd4N/AN/AN/A5,192 Sq.Ft.N/ABlack River Village Rd151N/AN/A$297,8332,084 Sq.Ft.3/3/2025Blanton Rd1353$212,9002,013 Sq.Ft.4/21/2022Blevins Rd2N/AN/A$232,0001,292 Sq.Ft.N/ABlk Forni Rd1N/AN/AN/AN/AN/ABlock Of Church St2N/AN/AN/AN/AN/ABlock Rd West Peach Ln1N/AN/A$121,000N/AN/ABlodgett St8432$254,4881,670 Sq.Ft.12/13/2024Bluebird Ln232$280,5001,948 Sq.Ft.N/ABluebird St19N/AN/A$271,6321,681 Sq.Ft.2/17/2021Blue Quail Ct1143$569,7273,792 Sq.Ft.10/13/2022Blue Stem Rd1N/AN/A$427,000N/A11/22/2021Bluestem Rd8N/AN/A$427,250N/A1/21/2025Bobcat Cir6N/AN/A$189,167756 Sq.Ft.5/8/2020Bonbright St7832$249,2601,616 Sq.Ft.8/5/2024Bonita St4532$335,4891,474 Sq.Ft.2/4/2025901 W Texas AveArtesia, NM 88210
Estimated Value $157,000
Living Area 1,620 SqFt
Beds 3
Baths 2
Year Built 1945
Property Type Single Family
Ownership Type Individual
APN 4152098160519
Subdivision Chisum Add
School District Artesia Public Schools
1807 W Centre AveArtesia, NM 88210
Estimated Value $382,000
Living Area 3,309 SqFt
Beds 4
Baths 4
Year Built 1960
Property Type Single Family
Ownership Type Related
APN 4151099339404
Subdivision Barnett
School District Artesia Public Schools
1603 W Mahone DrArtesia, NM 88210
Estimated Value $511,000
Living Area 2,869 SqFt
Beds 5
Baths 2
Year Built 2019
Property Type Single Family
Ownership Type Related
APN 4151098361426
Subdivision Mahone Blue Quail
School District Artesia Public Schools
1607 W Mahone DrArtesia, NM 88210
Estimated Value $392,000
Living Area 2,133 SqFt
Beds 3
Baths 2
Year Built 2016
Property Type Single Family
Ownership Type Individual
APN 4151098345426
Subdivision Mahone Blue Quail
School District Artesia Public Schools
808 W Catalina DrArtesia, NM 88210
Estimated Value $236,000
Living Area 2,569 SqFt
Beds 3
Baths 2
Year Built 1970
Property Type Single Family
Ownership Type Mixed
APN 4152100182033
Subdivision Artesia Estates
School District Artesia Public Schools
1603 W Jacobs AveArtesia, NM 88210
Estimated Value $217,000
Living Area 2,265 SqFt
Beds 3
Baths 1
Year Built 1970
Property Type Single Family
Ownership Type Related
APN 4151100386126
Subdivision Plains Park
School District Artesia Public Schools
906 W Alvarado AveArtesia, NM 88210
Estimated Value $177,000
Living Area 1,064 SqFt
Beds 3
Baths 1
Year Built 1980
Property Type Single Family
Ownership Type Individual
APN 4152098151112
Subdivision Alvarez Addition
School District Artesia Public Schools
511 S 7th StArtesia, NM 88210
Estimated Value $126,000
Living Area 674 SqFt
Beds 1
Baths 1
Year Built 1950
Property Type Single Family
Ownership Type Multiple
APN 4152099248199
Subdivision Artesia Imp Co
School District Artesia Public Schools
2413 W Ray AveArtesia, NM 88210
Estimated Value $336,000
Living Area 1,867 SqFt
Beds 4
Baths 3
Year Built 2023
Property Type Single Family
Ownership Type Related
APN 4151099072332
Subdivision West Acres #10
School District Artesia Public Schools
1805 S 17th StArtesia, NM 88210
Estimated Value $320,000
Living Area 5,532 SqFt
Beds 3
Baths 2
Year Built 1962
Property Type Single Family
Ownership Type Related
APN 4151100390109
Subdivision Plains Park
School District Artesia Public Schools
702 Santa Fe Trl EArtesia, NM 88210
Estimated Value $258,000
Living Area 1,442 SqFt
Beds 2
Baths 2
Year Built 2020
Property Type Single Family
Ownership Type Related
APN 4152099235178
Subdivision Artesia Improvement Co Blk 44 Rplt & Prt
School District Artesia Public Schools
804 W Catalina DrArtesia, NM 88210
Estimated Value $286,000
Living Area 2,671 SqFt
Beds 4
Baths 1
Year Built 1954
Property Type Single Family
Ownership Type Individual
APN 4152100196041
Subdivision Artesia Estates
School District Artesia Public Schools
1208 S 15th StArtesia, NM 88210
Estimated Value $300,000
Living Area 1,770 SqFt
Beds 2
Baths 2
Year Built 2009
Property Type Single Family
Ownership Type Individual
APN 4151099461420
Subdivision Giles Subdivision
School District Artesia Public Schools
1706 W Jacobs AveArtesia, NM 88210
Estimated Value $244,000
Living Area 1,624 SqFt
Beds 3
Baths 2
Year Built 1960
Property Type Single Family
Ownership Type Individual
APN 4151100360110
Subdivision Plains Park
School District Artesia Public Schools
2417 W Ray AveArtesia, NM 88210
Estimated Value $343,000
Living Area 2,134 SqFt
Beds 4
Baths 2
Year Built 2021
Property Type Single Family
Ownership Type Individual
APN 4151099060336
Subdivision West Acres #10
School District Artesia Public Schools
412 W Shelton AveArtesia, NM 88210
Estimated Value $149,000
Living Area 1,068 SqFt
Beds 3
Baths 1
Year Built 1955
Property Type Single Family
Ownership Type Individual
APN 4152099317353
Subdivision G R Brainard Redivision
School District Artesia Public Schools