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
Compress Rd2N/AN/A$289,0002,782 Sq.Ft.10/21/2020Concho Rd5342$214,2941,119 Sq.Ft.3/21/2025Concord Ave1233$467,0003,294 Sq.Ft.5/20/2024Conestoga1443$251,3572,175 Sq.Ft.2/7/2023Connie Rd5232$211,5191,883 Sq.Ft.1/29/2025Cooksey Ranch Rd11N/AN/A$317,0001,650 Sq.Ft.N/ACooksey Rd1N/AN/AN/AN/AN/ACorrales Rd11N/AN/A$940,000N/A4/14/2025Corrine Pl743$451,5712,460 Sq.Ft.7/24/2023Cottontop Rd2933$365,7891,908 Sq.Ft.9/11/2024Cottonwood Ave23N/AN/A$204,3334,275 Sq.Ft.1/29/2024Cougar Rd42N/AN/A$316,0003,464 Sq.Ft.5/4/2023Country Club Cir13642$342,8672,397 Sq.Ft.4/15/2025Country Club Pl533$645,0002,104 Sq.Ft.8/9/2024Country Rd1032$288,4292,090 Sq.Ft.9/2/2020Country Side Pl6632$185,9851,186 Sq.Ft.3/28/2025Cowboys Country Rd943$416,8892,099 Sq.Ft.3/24/2025Coyote Ct10N/AN/A$355,5003,008 Sq.Ft.8/27/2019Crabb St2732$303,9231,884 Sq.Ft.6/18/2024Cramer Ct432$400,5003,186 Sq.Ft.8/29/2024Crazy Horse Rd7N/AN/A$427,000N/AN/ACrenshaw Ct1633$646,2502,369 Sq.Ft.3/22/2023Creosote Rd1N/AN/AN/AN/AN/ACross Rd5N/AN/A$347,200N/AN/ACrown Cir1632$383,1252,467 Sq.Ft.7/26/2024Crown Ct933$397,1112,602 Sq.Ft.10/17/2023Crow Rd1N/AN/AN/AN/AN/ACulpepper Cir1032$294,0002,606 Sq.Ft.12/3/2021Curry Comb Rd8N/AN/A$427,250N/AN/ACurry Rd6732$309,6361,578 Sq.Ft.5/16/2025Cypress St7531$213,0951,303 Sq.Ft.4/10/2024Dagger Rd30N/AN/A$210,5521,433 Sq.Ft.1/18/2024Dallas Dr1432$215,0001,643 Sq.Ft.4/11/2024Dallas Pl731$202,7141,900 Sq.Ft.9/8/2023Dal Paso Rd3N/AN/AN/AN/A10/18/2020Dark Canyon Rd133N/AN/A$278,4552,287 Sq.Ft.9/3/2024Dark Cyn1N/AN/AN/AN/AN/ADavis St10032$221,2991,229 Sq.Ft.5/6/2025Dayton Rd1N/AN/AN/AN/AN/ADearborn Cir532$243,8001,737 Sq.Ft.3/30/2018Dearborn St1832$220,6671,760 Sq.Ft.7/1/2024De Baca St25N/AN/A$1,160,000N/AN/ADeer Canyon Rd4N/AN/AN/AN/AN/ADel Rio St453N/A$310,3082,081 Sq.Ft.4/25/2025Delta St6N/AN/A$687,0003,388 Sq.Ft.8/11/2022Denise Dr3332$321,8791,862 Sq.Ft.3/20/2025Dennis Way1633$420,5004,008 Sq.Ft.5/1/2024Derrick Rd17343$350,2502,359 Sq.Ft.12/27/2024Derrick Rd Rural1N/AN/A$165,0001,216 Sq.Ft.N/ADerrick Rural Rd1N/AN/AN/AN/AN/ADerringer Ct642$406,0008,257 Sq.Ft.7/19/2022Desert Willow Dr4232$418,6672,374 Sq.Ft.1/10/2025Diamond Dr1543$356,4001,874 Sq.Ft.9/19/2023Diaz St3521$174,7141,174 Sq.Ft.11/20/2022Dickson Ln10N/AN/A$471,2004,378 Sq.Ft.N/ADillahunty Rd35N/AN/AN/A800 Sq.Ft.N/ADirt Ln1N/AN/AN/AN/AN/ADoc Holliday Ct2443$413,2502,134 Sq.Ft.12/20/2023Doepp Dr3043$561,6003,360 Sq.Ft.12/20/2024Dog Town Rd17N/AN/A$357,000N/A12/10/2024Dogwood Ln162N/A$191,0001,348 Sq.Ft.5/1/2025Dona Ana2632$319,5331,853 Sq.Ft.7/24/2023Donaldson Farm Rd1N/AN/A$274,0001,064 Sq.Ft.N/ADonaldson Rd1N/AN/AN/AN/AN/ADonovan Dr3N/AN/A$353,0002,201 Sq.Ft.6/7/2002Doporto Ct632$517,0004,342 Sq.Ft.4/18/2025Douglas Fir Rd6N/AN/AN/AN/A2/28/2025Dragonfly Ct2N/AN/A$325,0002,176 Sq.Ft.N/ADuarte Ave1N/AN/A$364,000N/AN/ADuarte Rd45N/AN/A$347,9661,916 Sq.Ft.3/19/2025Dulce Rd3832$168,0271,407 Sq.Ft.12/6/2024Dusty Trl2N/AN/AN/AN/AN/AEagle Ave4N/AN/A$313,5001,560 Sq.Ft.10/14/2020Eagle Avenue Rural5N/AN/AN/AN/A5/17/2023Eagle Creek Rd1N/AN/AN/AN/AN/AEcho Ln53N/A$377,5002,802 Sq.Ft.6/14/2022Eddy St4131$212,6591,494 Sq.Ft.4/23/2025Ederd Dr842$403,0002,261 Sq.Ft.9/29/2023Edwards St11632$218,2611,447 Sq.Ft.4/11/2025E Greene St1N/AN/AN/AN/AN/AE-H W Blodgett St1N/AN/A$248,00077,349 Sq.Ft.N/AElgin Rd6632$384,7073,337 Sq.Ft.3/19/2025Elizondo Rd23N/AN/A$381,5331,162 Sq.Ft.5/1/2024Elks Dr1N/AN/AN/AN/AN/AElma Dr1532$291,0002,210 Sq.Ft.8/12/2024Elmdale St2831$191,2861,497 Sq.Ft.8/20/2024Elm St10121$212,7331,359 Sq.Ft.7/17/2024Elora Dr1032$559,5563,851 Sq.Ft.9/11/2023Emerald Ct1732$357,4121,830 Sq.Ft.12/10/2024End Jones Rd Rural1N/AN/AN/AN/AN/AEnd Of Franklin6N/AN/A$190,500N/A12/30/2020End Of Franklin St2N/AN/A$377,500N/AN/AEnd Of Guadalupe Ridge Rd2N/AN/AN/AN/AN/AEnd Of Jones Rd Rural2N/AN/AN/AN/AN/AEnd Of Jones Rural St1N/AN/AN/AN/AN/AEnd Of Jones St Rural1N/AN/AN/AN/AN/AEnd Of Mckittrick Rd5N/AN/AN/AN/AN/AEnd Of N Mckittrick Rd1N/AN/AN/AN/AN/AEnergy Ave2N/AN/AN/A48,900 Sq.Ft.N/AE Od 2309 Oregon St1N/AN/AN/AN/AN/A1601 W Mann AveArtesia, NM 88210
Estimated Value $217,000
Living Area 1,530 SqFt
Beds 3
Baths 2
Year Built 1980
Property Type Single Family
Ownership Type Individual
APN 4151099426376
Subdivision Murphy Addition Replat (Blks 17-22)
School District Artesia Public Schools
2502 W Briscoe AveArtesia, NM 88210
Estimated Value $357,000
Living Area 2,329 SqFt
Beds 4
Baths 3
Year Built 2022
Property Type Single Family
Ownership Type Related
APN 4151099044359
Subdivision West Acres #10
School District Artesia Public Schools
305 S 9th StArtesia, NM 88210
Estimated Value $246,000
Living Area 1,260 SqFt
Beds 3
Baths 2
Year Built 2016
Property Type Single Family
Ownership Type Related
APN 4152099173110
Subdivision Artesia Imp Co Add Blk 31 Lt 11 Rep
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
1301 S 8th StArtesia, NM 88210
Estimated Value $302,000
Living Area 2,340 SqFt
Beds 3
Baths 2
Year Built 1955
Property Type Single Family
Ownership Type Individual
APN 4152100217056
Subdivision Artesia Estates
School District Artesia Public Schools
262 N Twentysixth Street RuralArtesia, NM 88210
Estimated Value $488,000
Living Area 2,197 SqFt
Beds 4
Baths 3
Year Built 1993
Property Type Rural Residence
Ownership Type Individual
APN 4151096016211
Municipality ARTESIA OUTSIDE CITY LIMITS
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
410 W Shelton AveArtesia, NM 88210
Estimated Value $171,000
Living Area 1,466 SqFt
Beds 3
Baths 1
Year Built 1950
Property Type Single Family
Ownership Type Individual
APN 4152099324353
Subdivision G R Brainard Redivision
School District Artesia Public Schools
907 S 11th StArtesia, NM 88210
Estimated Value $184,000
Living Area 920 SqFt
Beds 3
Baths 1
Year Built 1950
Property Type Single Family
Ownership Type Trust
APN 4152099095340
Subdivision Snow'S Rep Lts1-4 Blk 9 Rice Add #2
School District Artesia Public Schools
913 W Catalina DrArtesia, NM 88210
Estimated Value $485,000
Living Area 2,395 SqFt
Beds 4
Baths 2
Year Built 2019
Property Type Single Family
Ownership Type Related
APN 4152100157064
Subdivision Linda Vista Estates
School District Artesia Public Schools
1404 S 13th StArtesia, NM 88210
Estimated Value $228,000
Living Area 1,400 SqFt
Beds 2
Baths 2
Year Built 1960
Property Type Single Family
Ownership Type Individual
APN 4151100516061
Subdivision Mills Bdry Line Adj
School District Artesia Public Schools
356 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
1601 S 20th StArtesia, NM 88210
Estimated Value $169,000
Living Area 1,126 SqFt
Beds 3
Baths 1
Year Built 1960
Property Type Single Family
Ownership Type Related
APN 4151100270040
Subdivision Plains Park
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
800 S 4th StArtesia, NM 88210
Estimated Value $199,000
Living Area 1,885 SqFt
Beds 4
Baths 2
Year Built 1965
Property Type Single Family
Ownership Type Individual
APN 4152099344293
Subdivision Hightower Redivision (Amended)
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