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
Hepler Rd3332$333,9522,106 Sq.Ft.12/13/2024Hermosa Dr1N/AN/A$302,000N/AN/AHerradura Bend Rd138N/AN/A$383,556N/AN/AHerzog Ln7N/AN/A$285,4292,784 Sq.Ft.7/12/2023Hickory St1832$209,9441,516 Sq.Ft.4/11/2025Hidalgo Rd17833$296,0241,874 Sq.Ft.3/27/2025Hidalgo Rd Rural5N/AN/A$265,500840 Sq.Ft.N/AHidalgo Rural Rd5N/AN/A$335,000N/A2/23/2015Higby Hole Rd55N/AN/A$430,0008,918 Sq.Ft.5/1/2025High Noon Rd10N/AN/A$397,4002,160 Sq.Ft.5/3/2024Hillcrest St4832$252,7501,458 Sq.Ft.3/13/2025Hill St3632$192,3821,989 Sq.Ft.3/27/2025Hobbs Hwy54N/AN/A$399,6761,576 Sq.Ft.2/1/2025Holland Ln33N/AN/A$331,2761,423 Sq.Ft.5/30/2024Holley Ave1N/AN/A$156,000908 Sq.Ft.8/30/2021Honeysuckle Dr5432$347,4631,786 Sq.Ft.5/6/2025Honolulu Rd2742$379,5932,001 Sq.Ft.10/2/2024Hopi Rd77N/AN/A$303,7451,621 Sq.Ft.9/20/2024Horizon Rd2N/AN/A$363,500N/AN/AHoward Rd61N/AN/A$261,5892,225 Sq.Ft.5/28/2024Howard St9032$245,4111,499 Sq.Ft.5/27/2025Huckleberry Ln14N/AN/A$528,0003,899 Sq.Ft.9/27/2023Hudson St921$174,5561,049 Sq.Ft.8/21/2024Hueco St5832$219,0001,564 Sq.Ft.8/17/2023Idaho St2422$167,2921,073 Sq.Ft.2/23/2024Illinios Camp Rd1N/AN/AN/AN/AN/AIllinois Camp Rd6642$350,3571,554 Sq.Ft.10/15/2024I-L W Blodgett St1N/AN/A$253,0002,256 Sq.Ft.N/AIndian Rd5N/AN/A$789,4003,307 Sq.Ft.3/15/2025Industrial Dr2N/AN/AN/AN/AN/AIndustrial Park Dr8N/AN/A$934,1677,327 Sq.Ft.7/11/2018Iona St16N/AN/A$276,467944 Sq.Ft.1/22/2025Iowa St13721$213,6761,435 Sq.Ft.9/25/2024Iris St4332$194,0931,430 Sq.Ft.9/18/2024Ironwood St38N/AN/A$316,9461,110 Sq.Ft.3/7/2025Irvin St18132$187,6031,702 Sq.Ft.5/1/2025Jackson St2832$242,1111,592 Sq.Ft.4/24/2025Jal Hwy6N/AN/AN/AN/AN/AJames St6331$216,8311,675 Sq.Ft.10/25/2024Janway St132$314,0001,431 Sq.Ft.12/21/2020Jasmine St532$234,2001,474 Sq.Ft.11/25/2024Jason St8132$187,8281,363 Sq.Ft.3/18/2025Jasper Dr1832$354,0561,893 Sq.Ft.4/29/2025Jayders Rd1N/AN/A$285,000978 Sq.Ft.N/AJefferson St732$356,0002,722 Sq.Ft.8/20/2024Jeffery St10N/AN/A$163,800871 Sq.Ft.9/15/2017Jesse James Ct2442$395,8332,260 Sq.Ft.1/9/2025Jewel St3942$270,6391,480 Sq.Ft.6/21/2024John D Forehand Rd45N/AN/A$227,2502,608 Sq.Ft.1/1/2025John Forehand Rd4N/AN/AN/AN/AN/AJohn Forehand Rd Rural1N/AN/AN/AN/AN/AJohnson St2632$311,0001,804 Sq.Ft.11/3/2023John Wesley Hardin2142$415,4762,333 Sq.Ft.1/6/2025Jones Rd2N/AN/AN/AN/AN/AJones St15742$245,5871,660 Sq.Ft.5/2/2025Jones Street Rural4N/AN/A$434,0002,653 Sq.Ft.2/28/2025Jones St Rural16N/AN/A$400,0004,493 Sq.Ft.N/AJoshua Ct1242$262,1111,965 Sq.Ft.9/10/2024Joshua St1042$273,4002,130 Sq.Ft.5/10/2024Juanita St1432$244,0001,943 Sq.Ft.9/19/2024Juan Pablo Rd11N/AN/A$277,0002,124 Sq.Ft.2/7/2025Juarez St7532$170,5221,470 Sq.Ft.3/10/2025Julian St1743$247,5881,590 Sq.Ft.5/27/2025Kathryn Ave1N/AN/A$451,0001,984 Sq.Ft.N/AKelly Rd3442$331,1432,049 Sq.Ft.9/6/2023Kennel Ln4N/AN/A$272,2504,579 Sq.Ft.7/28/2017Kevil Rd754N/A$261,1948,347 Sq.Ft.12/13/2024King Rd31N/AN/A$249,9381,676 Sq.Ft.9/15/2020Kingsnake Rd8N/AN/A$441,0003,004 Sq.Ft.6/29/2021Kings Rd2N/AN/A$177,5001,086 Sq.Ft.N/AKiowa Dr922$314,5561,101 Sq.Ft.11/9/2017Kircher St3032$346,6882,305 Sq.Ft.4/24/2025Klondie Gap Rd1N/AN/AN/AN/AN/AKlondike Gap Rd37N/AN/A$233,6001,126 Sq.Ft.N/AKlondike Rd1N/AN/AN/AN/AN/AK St202N/A$347,0531,396 Sq.Ft.11/7/2023Kuykendall St1632$279,5631,903 Sq.Ft.10/31/2024Lacy1132$239,1821,964 Sq.Ft.6/10/2022Laguna Rd56N/AN/A$280,1361,838 Sq.Ft.5/2/2022La Huerta Acres3N/AN/A$382,3332,205 Sq.Ft.12/18/2021La Huerta Cir3432$274,0001,673 Sq.Ft.11/22/2024La Huerta Dr4N/AN/A$328,5001,693 Sq.Ft.2/28/2022Lake Rd1522$347,5001,894 Sq.Ft.11/21/2023Lakeside Dr2032$319,2632,214 Sq.Ft.4/8/2025Lake St23631$208,0981,611 Sq.Ft.5/27/2025Lakewood Rd1N/AN/A$352,000N/AN/ALakewood Vlg1N/AN/AN/AN/A3/4/2025Lamont Pl1032$245,2001,495 Sq.Ft.2/22/2024Lamont St5N/AN/A$1,101,333N/A6/20/2007Landfill Rd4N/AN/A$361,500N/AN/ALandsun Cir2N/AN/A$2,389,00060,041 Sq.Ft.5/3/2021Landsun Dr1232$337,4172,067 Sq.Ft.5/2/2025Lanette Dr4832$334,7501,884 Sq.Ft.11/22/2024La Placita Dr1642$324,2502,336 Sq.Ft.6/9/2021Laredo St3432$257,2651,149 Sq.Ft.3/12/2025Lariat Rd33N/A$265,3331,544 Sq.Ft.7/28/2023Latrobe Dr532$359,2002,259 Sq.Ft.1/10/2024La Vina Cir3N/AN/A$535,3335,170 Sq.Ft.2/28/2023Leanne Dr2342$643,0872,044 Sq.Ft.2/10/2025Lea St23732$296,4332,187 Sq.Ft.5/11/20251601 W Runyan AveArtesia, NM 88210
Estimated Value $322,000
Living Area 1,909 SqFt
Beds 3
Baths 2
Year Built 2009
Property Type Single Family
Ownership Type Related
APN 4151099429473
Subdivision Barnett
School District Artesia Public Schools
1111 W Yucca AveArtesia, NM 88210
Estimated Value $76,000
Living Area 1,300 SqFt
Beds 3
Baths 1
Year Built 1950
Property Type Single Family
Ownership Type Individual
APN 4152098051391
Subdivision Archer Addition
School District Artesia Public Schools
909 W Catalina DrArtesia, NM 88210
Estimated Value $493,000
Living Area 2,655 SqFt
Beds 4
Baths 4
Year Built 2020
Property Type Single Family
Ownership Type Individual
APN 4152100159050
Subdivision Linda Vista Estates
School District Artesia Public Schools
1116 W Washington AveArtesia, NM 88210
Estimated Value $185,000
Living Area 1,482 SqFt
Beds 3
Baths 2
Year Built 1950
Property Type Single Family
Ownership Type Individual
APN 4152099045237
Subdivision Forest Hill
School District Artesia Public Schools
406 W Richardson Ave #3Artesia, NM 88210
Estimated Value $204,000
Living Area 1,322 SqFt
Beds 2
Baths 2
Year Built 2005
Property Type Single Family
Ownership Type Related
APN 4152099335080
Subdivision Ocotillo Place
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
8 Cherokee LnArtesia, NM 88210
Estimated Value $256,000
Living Area 1,140 SqFt
Beds 3
Baths 2
Year Built 2017
Property Type Rural Residence
Ownership Type Individual
APN 4154112218018
Subdivision Cheyenne Acres
School District Artesia Public Schools
2405 W Centre AveArtesia, NM 88210
Estimated Value $364,000
Living Area 2,162 SqFt
Beds 3
Baths 2
Year Built 2013
Property Type Single Family
Ownership Type Related
APN 4151099109444
Subdivision West Acres #7-Corrected Replat
School District Artesia Public Schools
1806 W Currier AveArtesia, NM 88210
Estimated Value $247,000
Living Area 1,456 SqFt
Beds 3
Baths 1.75
Year Built 1985
Property Type Single Family
Ownership Type Individual
APN 4151100341080
Subdivision Plains Park
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
2515 W Briscoe AveArtesia, NM 88210
Estimated Value $362,000
Living Area 1,902 SqFt
Beds 4
Baths 3
Year Built 2023
Property Type Single Family
Ownership Type Related
APN 4151099007393
Subdivision West Acres #10
School District Artesia Public Schools
713 W Centre AveArtesia, NM 88210
Estimated Value $161,000
Living Area 1,235 SqFt
Beds 3
Baths 1
Year Built 1950
Property Type Single Family
Ownership Type Individual
APN 4152099224406
Subdivision Alta Vista Addition
School District Artesia Public Schools
1501 W Mahone DrArtesia, NM 88210
Estimated Value $439,000
Living Area 2,238 SqFt
Beds 4
Baths 3
Year Built 2018
Property Type Single Family
Ownership Type Individual
APN 4151098445427
Subdivision Mahone Blue Quail Phase #2
School District Artesia Public Schools
1105 W Hermosa DrArtesia, NM 88210
Estimated Value $190,000
Living Area 1,306 SqFt
Beds 3
Baths 2
Year Built 1955
Property Type Single Family
Ownership Type Individual
APN 4152100068015
Subdivision Sharp Re-Division
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
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