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.5/13/2025Main St30732$191,3771,692 Sq.Ft.4/14/2025Mesa 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.5/2/2025All Streets in Carlsbad, New Mexico
Tarbush Rd10N/AN/AN/AN/A8/31/2022Taylor Cir1832$284,6111,640 Sq.Ft.11/7/2024Teak Ln833$725,0002,432 Sq.Ft.3/3/2025Tell Tale Ln5N/AN/AN/AN/A12/16/2024Tenth2N/AN/AN/AN/AN/ATerminal Dr12N/AN/A$292,000N/A8/1/2023Texas St27022$231,7161,558 Sq.Ft.5/16/2025Third St3N/AN/A$137,000N/AN/AThistle Rd2N/AN/AN/AN/A5/8/2024Thomason Rd15132$342,0322,278 Sq.Ft.4/24/2025Thomas St13132$313,4461,857 Sq.Ft.5/27/2025Tidwell Rd11332$329,2393,740 Sq.Ft.1/14/2025Tierra Bonita Rd2943$351,1722,619 Sq.Ft.11/4/2024Tierra Del Sol2222$272,8643,756 Sq.Ft.7/16/2021Tobyn Rd4N/AN/A$336,0003,346 Sq.Ft.4/10/2009Tokay Ave2542$541,0002,753 Sq.Ft.7/1/2024Torrance St7N/AN/A$439,1431,247 Sq.Ft.8/2/2024Tovar Rd5N/AN/A$398,0004,940 Sq.Ft.N/ATower Dr3532$347,3035,918 Sq.Ft.2/14/2024Townsend Rd35N/AN/A$342,0911,611 Sq.Ft.5/28/2025Townview3632$258,6943,007 Sq.Ft.5/7/2025Tracy Pl3033$309,7002,063 Sq.Ft.3/4/2025Trail Canyon Rd5N/AN/A$315,5002,964 Sq.Ft.N/ATrevino Ct1632$309,6881,812 Sq.Ft.5/9/2025Troy Dr5842$343,2072,040 Sq.Ft.12/27/2024Tulip St1632$250,8571,485 Sq.Ft.11/25/2024Turkey Canyon Rd4232$214,8681,331 Sq.Ft.11/11/2024Turner St211N/A$147,190968 Sq.Ft.8/12/2024Tuscany Ln4N/AN/A$529,5004,690 Sq.Ft.7/16/2021Twelth St1N/AN/A$126,000N/AN/ATwelty St1N/AN/A$375,000N/AN/ATwentyeighth St1N/AN/A$396,0002,359 Sq.Ft.N/ATwentythird St1N/AN/A$398,0002,143 Sq.Ft.8/27/2015Twin Wells Rd32N/AN/A$332,6671,160 Sq.Ft.11/12/2020Union St16N/AN/A$257,5711,564 Sq.Ft.N/AUniversity Dr11N/AN/A$1,501,000N/A10/31/2024Ural Dr8732$380,1262,287 Sq.Ft.5/19/2025Us Refinery Rd34N/AN/A$307,5001,598 Sq.Ft.12/16/2024Utah St14531$221,5721,378 Sq.Ft.5/8/2025Valencia St155N/A$353,6002,069 Sq.Ft.8/29/2024Valley View St13N/AN/A$278,4622,227 Sq.Ft.3/18/2021Valverde St5032$226,1601,421 Sq.Ft.3/5/2025Vaquero Rd343$261,3331,969 Sq.Ft.10/5/2022Vela St30N/AN/A$157,400835 Sq.Ft.10/19/2018Verdel Ave2333$477,9472,845 Sq.Ft.5/5/2025Vermont St2721$212,8081,390 Sq.Ft.3/13/2025Vest Rd4632$256,5631,760 Sq.Ft.2/14/2025Vickrey Rd10N/AN/A$244,200870 Sq.Ft.1/7/2020Victory Rd2N/AN/A$311,500N/AN/AVigo Ct742$371,8571,968 Sq.Ft.3/13/2024Vincent Rd1133$338,7502,063 Sq.Ft.2/5/2024Vine St1932$186,4211,254 Sq.Ft.2/21/2024Vineyard Ct443$456,0003,938 Sq.Ft.5/8/2025Vineyard Ln2042$532,9003,690 Sq.Ft.2/6/2025Violet St5932$219,9121,599 Sq.Ft.4/20/2025Virginia Ave1N/AN/A$363,000N/AN/AWagonwheel Acres Subd2N/AN/A$253,000N/AN/AWagonwheel Rd4432$216,5351,658 Sq.Ft.11/25/2024Walker Farm Rd5133$458,8042,971 Sq.Ft.3/28/2025Walker Rd11N/AN/A$284,5001,771 Sq.Ft.3/25/2022Walnut St8531$199,4821,269 Sq.Ft.3/31/2025Walterscheid Dr3432$226,9391,535 Sq.Ft.3/31/2020Walter St13N/AN/A$245,0003,265 Sq.Ft.11/8/2022Warachie Ln2832$396,9642,286 Sq.Ft.4/30/2025Warren Rd9N/AN/A$269,7502,029 Sq.Ft.12/1/2024Washington Ranch Rd80N/AN/A$274,3332,166 Sq.Ft.9/19/2024Washington St9532$234,9371,315 Sq.Ft.5/20/2025Waterhole Rd7N/AN/A$244,7501,701 Sq.Ft.3/6/2018Water Tower Rd432$255,7501,954 Sq.Ft.4/22/2025Watson Ct1622$323,3131,968 Sq.Ft.1/27/2023Weleka Ln2132$429,3532,327 Sq.Ft.5/10/2025Welshire St2132$219,7621,263 Sq.Ft.2/21/2025Westall Rd1N/AN/A$428,000N/AN/AWesternway St5221$623,7061,755 Sq.Ft.3/5/2025West Rd831$614,4001,799 Sq.Ft.5/20/2025Westridge Rd7133$601,9572,413 Sq.Ft.9/5/2024Wheat Ct1442$412,6432,282 Sq.Ft.12/30/2023Wheeler33N/AN/A$242,7331,934 Sq.Ft.3/14/2025White Bass Rd4N/AN/AN/AN/AN/AWhite City Rd9N/AN/AN/AN/AN/AWhite Pine Rd11N/AN/A$377,8572,253 Sq.Ft.1/12/2024Whites City Rd74N/AN/AN/AN/A2/24/2023Who Who Dr2552$669,2924,800 Sq.Ft.1/27/2025Wildrose St1332$192,7691,891 Sq.Ft.10/24/2024Willhoit Rance Rd1N/AN/AN/AN/AN/AWillhoit Ranch Rd19N/AN/A$311,0001,620 Sq.Ft.N/AWillhoit Rd1N/AN/AN/AN/AN/AWilliams Dr1632$196,5001,405 Sq.Ft.5/13/2024Willow St5842$218,0181,484 Sq.Ft.9/27/2023Wilson Rd113N/A$335,0001,974 Sq.Ft.1/26/2022Winchester Rd4432$237,7071,761 Sq.Ft.5/28/2024Windy Ln732$312,2001,866 Sq.Ft.12/8/2023Winged Foot Dr2532$295,2801,723 Sq.Ft.5/15/2025Wipp Rd4N/AN/AN/AN/AN/AW Of406 N Twelfth St1N/AN/A$126,000N/AN/AWood Ave19932$279,0121,935 Sq.Ft.5/15/2025Wrangler Ln942$374,4441,964 Sq.Ft.7/8/2024Wyoming St12321$229,6691,367 Sq.Ft.5/8/2025X Bar Ranch Rd1N/AN/AN/A1,680 Sq.Ft.N/AX Bar Rd64N/AN/AN/A5,964 Sq.Ft.N/A356 S Haldeman RdArtesia, NM 88210
Estimated Value $364,000
Living Area 2,968 SqFt
Beds 3
Baths 2
Year Built 2000
Property Type Rural Residence
Ownership Type Related
APN 4155102079288
Subdivision Lehman Land Div Amend
School District Artesia Public Schools
2506 W Briscoe AveArtesia, NM 88210
Estimated Value $355,000
Living Area 1,911 SqFt
Beds 4
Baths 2
Year Built 2022
Property Type Single Family
Ownership Type Individual
APN 4151099032365
Subdivision West Acres #10
School District Artesia Public Schools
801 S 5th StArtesia, NM 88210
Estimated Value $259,000
Living Area 1,764 SqFt
Beds 3
Baths 2
Year Built 1960
Property Type Single Family
Ownership Type Individual
APN 4152099329293
Subdivision Hightower Redivision (Amended)
School District Artesia Public Schools
2407 W Bullock AveArtesia, NM 88210
Estimated Value $392,000
Living Area 2,216 SqFt
Beds 4
Baths 3
Year Built 2020
Property Type Single Family
Ownership Type Multiple
APN 4151099102387
Subdivision West Acres #9
School District Artesia Public Schools
2007 W Centre AveArtesia, NM 88210
Estimated Value $215,000
Living Area 1,249 SqFt
Beds 4
Baths 2
Year Built 1978
Property Type Single Family
Ownership Type Individual
APN 4151099238413
Subdivision West Acres #2
School District Artesia Public Schools
2415 W Mann AveArtesia, NM 88210
Estimated Value $408,000
Living Area 2,155 SqFt
Beds 4
Baths 3
Year Built 2016
Property Type Single Family
Ownership Type Individual
APN 4151099086423
Subdivision West Acres #8
School District Artesia Public Schools
501 W Bullock AveArtesia, NM 88210
Estimated Value $244,000
Living Area 2,160 SqFt
Beds 3
Baths 2
Year Built 1950
Property Type Single Family
Ownership Type Individual
APN 4152099304337
Subdivision Hightower Blk 5-6
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
807 Carper DrArtesia, NM 88210
Estimated Value $296,000
Living Area 1,753 SqFt
Beds 3
Baths 3
Year Built 1958
Property Type Single Family
Ownership Type Related
APN 4152099183293
Subdivision Alta Vista N1/2 Block 4 Replat
School District Artesia Public Schools
1304 S 8th StArtesia, NM 88210
Estimated Value $215,000
Living Area 2,424 SqFt
Beds 3
Baths 2
Year Built 1958
Property Type Single Family
Ownership Type Individual
APN 4152100201065
Subdivision Artesia Estates
School District Artesia Public Schools
2508 W Briscoe AveArtesia, NM 88210
Estimated Value $346,000
Living Area 2,015 SqFt
Beds 4
Baths 3
Year Built 2022
Property Type Single Family
Ownership Type Related
APN 4151099026369
Subdivision West Acres #10
School District Artesia Public Schools
1706 W Washington AveArtesia, NM 88210
Estimated Value $272,000
Living Area 2,150 SqFt
Beds 2
Baths 2
Year Built 1985
Property Type Residential General
Ownership Type Trust
APN 4151099370239
Subdivision Abo
School District Artesia Public Schools
2215 W Grand AveArtesia, NM 88210
Estimated Value $320,000
Living Area 1,767 SqFt
Beds 3
Baths 2
Year Built 2008
Property Type Single Family
Ownership Type Related
APN 4151099110143
Subdivision Encantada Heights Sub Phase 1
School District Artesia Public Schools
901 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
802 Carper DrArtesia, NM 88210
Estimated Value $339,000
Living Area 2,073 SqFt
Beds 4
Baths 2
Year Built 1951
Property Type Single Family
Ownership Type Related
APN 4152099205285
Subdivision Alta Vista Addition
School District Artesia Public Schools
303 W Grand AveArtesia, NM 88210
Estimated Value $270,000
Living Area 2,662 SqFt
Beds 4
Baths 2
Year Built 1904
Property Type Single Family
Ownership Type Individual
APN 4152099410144
Subdivision Blair Addition
School District Artesia Public Schools