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
Bounds Rd65N/AN/A$331,0002,362 Sq.Ft.4/26/2025Boyd Ct3N/AN/A$245,3331,975 Sq.Ft.11/14/2024Boyd Dr16242$313,5651,433 Sq.Ft.3/20/2025Brantley Lake Rd13N/AN/A$387,333N/AN/ABrantley Rd5732$328,9362,593 Sq.Ft.8/15/2024Brantley Rural Rd2N/AN/AN/AN/AN/ABrentwood Pl243$357,0003,356 Sq.Ft.2/12/2025Briarwood St9N/AN/A$341,2221,259 Sq.Ft.8/14/2024Bronson1N/AN/A$112,000N/A6/13/2014Bronson St4132$205,0981,443 Sq.Ft.3/5/2025Bryan Cir6432$355,9842,020 Sq.Ft.5/1/2024Buckboard Ln2332$202,4091,823 Sq.Ft.10/27/2022Buckeye Rd12N/AN/A$456,0003,587 Sq.Ft.11/12/2019Buck Jackson1N/AN/AN/AN/AN/ABuck Jackson Rd79N/AN/A$109,0002,715 Sq.Ft.3/19/2025Buck Run Ln10N/AN/A$230,88913,059 Sq.Ft.1/5/2024Buckskin Rd7N/AN/A$427,600N/AN/ABuckthorn Rd23N/AN/AN/AN/AN/ABuena Vida Ct1342$370,5382,103 Sq.Ft.10/2/2024Buena Vis2N/AN/AN/AN/AN/ABuena Vista Dr19N/AN/A$803,6112,000 Sq.Ft.5/12/2025Buffalo Grass Rd6N/AN/A$427,000N/A12/18/2023Burgett St1232$322,5451,612 Sq.Ft.2/1/2017Burgundy Ave3243$449,6672,589 Sq.Ft.8/21/2023Burnett Rd1421$262,7271,715 Sq.Ft.2/19/2025Burton Flat Rd32N/AN/A$427,103N/A4/1/2024Butternut St1742$289,1181,932 Sq.Ft.4/30/2024Caballero1244$272,9092,238 Sq.Ft.9/13/2024Caballo Rd4632$181,4671,340 Sq.Ft.5/2/2025Cactus St1N/AN/A$185,000N/AN/ACaesar Rd21N/AN/A$197,0501,846 Sq.Ft.11/18/2024Calabaza Draw Ln433$391,0007,353 Sq.Ft.5/13/2022Calamity Jane Dr1433$460,7862,325 Sq.Ft.8/11/2021Callaway Dr3532$529,0341,773 Sq.Ft.3/14/2025Calle De Codorniz943$548,0002,898 Sq.Ft.11/3/2023Calle Del Encanto532$400,6001,868 Sq.Ft.5/27/2022Calvani Rd18N/AN/A$382,7501,429 Sq.Ft.11/25/2024Camino Del Oso543$411,6002,703 Sq.Ft.2/11/2025Camp St3221$831,3001,625 Sq.Ft.5/20/2025Canal St67132$292,5693,661 Sq.Ft.4/28/2025Canyon St33432$200,0683,275 Sq.Ft.4/8/2025Capitain Reef Rd1N/AN/A$410,000N/AN/ACapitan Reef Rd15N/AN/A$401,8752,458 Sq.Ft.N/ACaptain Williams Ln9N/AN/AN/AN/AN/ACaracara Ave1N/AN/AN/AN/AN/ACaracara Ct4N/AN/AN/AN/A2/16/2023Carlgo St713N/A$302,6481,264 Sq.Ft.5/15/2025Carlsbad Cavern Hwy36N/AN/AN/AN/AN/ACarlsbad Caverns Hwy3N/AN/AN/AN/AN/ACarlston Ave47N/AN/A$378,154N/A5/1/2025Carnation Aly5N/AN/A$328,8002,748 Sq.Ft.11/25/2024Carrasco Rd7N/AN/A$305,3331,794 Sq.Ft.10/17/2024Carreta Rd273N/A$174,0381,366 Sq.Ft.6/4/2024Cartagena Ct1542$389,7332,006 Sq.Ft.5/25/2024Carter Pl742$232,1431,593 Sq.Ft.10/13/2023Cartersnake Rd1N/AN/AN/AN/AN/ACarter St1422$179,5001,280 Sq.Ft.9/8/2022Carver St11732$199,8401,387 Sq.Ft.5/14/2025Cascade Ave18N/AN/A$150,214N/A8/1/2024Cass Dr1432$288,2861,815 Sq.Ft.5/31/2024Cat Claw Cir10N/AN/A$205,5002,396 Sq.Ft.11/8/2012Catfish Rd12N/AN/A$399,000N/A8/5/2021Catron Rd11N/AN/A$345,8751,498 Sq.Ft.8/3/2011Cavemen Pl9N/AN/A$307,111N/AN/ACaviness St2842$176,1111,375 Sq.Ft.11/25/2024Cedar Dr1443$347,7142,100 Sq.Ft.5/28/2024Center Ave10832$211,1103,202 Sq.Ft.4/11/2025Center St5N/AN/A$258,333880 Sq.Ft.1/22/2025Chalk Bluff Rd1N/AN/A$237,0001,792 Sq.Ft.N/AChaparalles Dr1732$314,6472,541 Sq.Ft.12/9/2024Chapman Rd7843$412,5143,045 Sq.Ft.4/4/2025Chapo Ln8N/AN/A$579,2501,149 Sq.Ft.4/3/2018Chavez St2521$197,3001,371 Sq.Ft.4/4/2025Cherry Ln5942$482,6122,768 Sq.Ft.5/5/2025Chester10N/AN/A$231,6671,621 Sq.Ft.11/18/2024Chestnut St1831$204,6671,518 Sq.Ft.2/6/2025Chickadee Ln6N/AN/AN/AN/A11/15/2019Chico St3232$459,4842,677 Sq.Ft.8/29/2024Chimney Ln12N/AN/A$225,545769 Sq.Ft.11/20/2017Chinaberry Rd26N/AN/A$306,0001,732 Sq.Ft.N/AChisum Ave1N/AN/A$296,000N/AN/AChitalpa Ct632$417,8331,991 Sq.Ft.9/26/2022Choctaw Rd4N/AN/A$279,0006,744 Sq.Ft.5/28/2023Cholla Rd2142$219,1051,394 Sq.Ft.7/7/2023Christian Camp Rd7N/AN/A$240,3331,552 Sq.Ft.9/3/2024Chuckwagon Rd2843$195,6791,599 Sq.Ft.7/7/2022Church St30031$255,9101,647 Sq.Ft.4/8/2025Cimarron Rd4N/AN/AN/AN/AN/ACimarron Trl37N/AN/A$279,1391,927 Sq.Ft.4/10/2023Cimmaron Rd1N/AN/A$389,000N/AN/AClayton St3021$192,8571,225 Sq.Ft.3/13/2024Coleman Rd8832$224,8401,257 Sq.Ft.4/3/2025Colfax St2732$260,1251,682 Sq.Ft.3/12/2025Collins Ave2732$347,8522,263 Sq.Ft.8/15/2024Colonial Ct1132$288,8182,288 Sq.Ft.2/12/2025Colorado St1N/AN/A$379,000N/A10/30/2023Colt Rd5N/AN/A$427,000N/AN/AColwell Ranch Rd24N/AN/A$218,0001,665 Sq.Ft.N/AComanche Dr4543$411,0002,489 Sq.Ft.3/8/2025Commerce Dr23N/AN/A$824,6002,259 Sq.Ft.4/9/2021501 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
2511 W Briscoe AveArtesia, NM 88210
Estimated Value $332,000
Living Area 1,868 SqFt
Beds 4
Baths 2
Year Built 2024
Property Type Vacant Land General
Ownership Type Related
APN 4151099021390
Subdivision West Acres #10
School District Artesia Public Schools
702 W Centre AveArtesia, NM 88210
Estimated Value $164,000
Living Area 1,002 SqFt
Beds 2
Baths 1
Year Built 1986
Property Type Single Family
Ownership Type Individual
APN 4152099261387
Subdivision Alta Vista Addition
School District Artesia Public Schools
1404 W Ray AveArtesia, NM 88210
Estimated Value $156,000
Living Area 1,282 SqFt
Beds 3
Baths 2
Year Built 1984
Property Type Single Family
Ownership Type Related
APN 4151099490270
Subdivision Murphy Addition
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
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
1703 S 17th StArtesia, NM 88210
Estimated Value $242,000
Living Area 1,540 SqFt
Beds 3
Baths 1.5
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 4151100390072
Subdivision Plains Park
School District Artesia Public Schools
315 W Hermosa DrArtesia, NM 88210
Estimated Value $186,000
Living Area 1,162 SqFt
Beds 2
Baths 1
Year Built 1960
Property Type Single Family
Ownership Type Related
APN 4152100383016
Municipality ARTESIA INSIDE CITY LIMITS
School District Artesia Public Schools
2419 W Ray AveArtesia, NM 88210
Estimated Value $329,000
Living Area 1,732 SqFt
Beds 3
Baths 2
Year Built 2023
Property Type Single Family
Ownership Type Related
APN 4151099054339
Subdivision West Acres #10
School District Artesia Public Schools
2504 W Ray AveArtesia, NM 88210
Estimated Value $376,000
Living Area 2,140 SqFt
Beds 4
Baths 2
Year Built 2024
Property Type Vacant Land General
Ownership Type Related
APN 4151099028334
Subdivision West Acres #10
School District Artesia Public Schools
2407 W Ray AveArtesia, NM 88210
Estimated Value $343,000
Living Area 1,900 SqFt
Beds 3
Baths 2
Year Built 2023
Property Type Single Family
Ownership Type Related
APN 4151099091327
Subdivision West Acres #10
School District Artesia Public Schools
2006 W Currier AveArtesia, NM 88210
Estimated Value $221,000
Living Area 1,147 SqFt
Beds 3
Baths 2
Year Built 1980
Property Type Single Family
Ownership Type Individual
APN 4151100250073
Subdivision Plains Park
School District Artesia Public Schools
1507 S 21st StArtesia, NM 88210
Estimated Value $205,000
Living Area 1,705 SqFt
Beds 3
Baths 2
Year Built 1955
Property Type Single Family
Ownership Type Related
APN 4151100239026
Subdivision Plains Park
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
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
1601 W Bullock AveArtesia, NM 88210
Estimated Value $309,000
Living Area 2,969 SqFt
Beds 3
Baths 2
Year Built 1994
Property Type Single Family
Ownership Type Individual
APN 4151099427349
Subdivision Murphy Addition Replat (Blks 17-22)
School District Artesia Public Schools