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
Petrified Forest Dr3N/AN/AN/AN/AN/APetroleum Dr7N/AN/A$913,750N/A4/1/2019Peyote Rd31N/AN/A$215,8525,209 Sq.Ft.3/5/2025Picacho19N/AN/A$257,3161,290 Sq.Ft.8/1/2022Picket Rd21N/AN/A$432,000N/A9/19/2024Pickett Rd1N/AN/AN/AN/AN/APiedras Rd2832$312,1792,427 Sq.Ft.1/16/2025Pierce2N/AN/A$802,000N/AN/APierce St17822$834,9603,673 Sq.Ft.5/21/2025Pike Ct832$265,3751,732 Sq.Ft.2/3/2023Pike Dr2332$260,3911,943 Sq.Ft.6/19/2024Pima Dr7932$366,4561,865 Sq.Ft.5/19/2025Pineview Ln932$319,5002,737 Sq.Ft.12/6/2023Pinon Ln3432$188,1181,505 Sq.Ft.4/8/2025Plantation Ct1242$425,0832,396 Sq.Ft.1/29/2024Plaza St48N/AN/A$171,5431,402 Sq.Ft.11/17/2022Plowman Rnch1N/AN/AN/AN/AN/APlum Ln11N/AN/A$349,1433,178 Sq.Ft.12/13/2024Plum St31N/AN/A$228,3231,334 Sq.Ft.7/20/2023Pompa St5432$220,1361,365 Sq.Ft.2/18/2025Ponder Dr63N/A$211,6671,414 Sq.Ft.4/19/2018Ponderosa Pine Rd4N/AN/A$387,0009,815 Sq.Ft.N/APope Ln4N/AN/A$191,0001,513 Sq.Ft.N/APoplar St1032$202,7001,678 Sq.Ft.5/24/2024Porter Rd34N/AN/A$325,5882,268 Sq.Ft.10/10/2024Portillo20N/AN/A$286,5561,741 Sq.Ft.10/10/2024Potash Mine Rd1N/AN/AN/AN/AN/APotash Mines Rd40N/AN/A$366,5331,483 Sq.Ft.11/21/2023Praire View Rd2N/AN/A$226,5001,458 Sq.Ft.3/20/2024Praline Dr1732$259,0001,009 Sq.Ft.10/6/2022Pratt St142N/A$180,2861,478 Sq.Ft.4/8/2025Presidio St76N/AN/A$232,2761,568 Sq.Ft.11/26/2024Preston Trails Ct1132$295,7272,238 Sq.Ft.4/8/2025Prickly Pear Rd14N/AN/AN/AN/A3/5/2025Primrose St8532$174,1311,156 Sq.Ft.4/10/2025Pritz St4N/AN/A$385,250868 Sq.Ft.N/AProduction Ln16N/AN/A$732,0007,209 Sq.Ft.3/26/2025Promise Land Rd12N/AN/A$275,0911,924 Sq.Ft.2/9/2023Prospect St4121$254,7801,735 Sq.Ft.3/5/2025Pueblo Rd3242$386,1823,557 Sq.Ft.12/28/2023Quahada Rd55N/AN/A$230,6671,202 Sq.Ft.5/15/2025Quail Hollow Run3543$619,2943,066 Sq.Ft.8/16/2024Quay St4632$275,9071,588 Sq.Ft.5/1/2025Queen Hwy5N/AN/AN/AN/A5/4/2023Queens Hwy3211N/A$295,7712,506 Sq.Ft.5/2/2025Queens Rd1N/AN/AN/AN/A9/3/2024Rabbit Hill Rd37N/AN/A$270,0001,520 Sq.Ft.1/1/2021Raccoon Cir1332$260,6361,145 Sq.Ft.9/23/2024Radio Blvd5543$315,2712,474 Sq.Ft.5/7/2025Railroad Ave41N/AN/A$351,2003,152 Sq.Ft.8/28/2023Rainbow Ln7N/AN/A$284,0001,323 Sq.Ft.6/21/2022Rains Rd1N/AN/A$379,000N/AN/ARanchero Pl1222$145,7501,135 Sq.Ft.12/20/2024Rattlesnake Springs Rd10N/AN/A$300,0001,399 Sq.Ft.9/19/2024Rawhide Rd5N/AN/AN/AN/A11/21/2023Raymond St4N/AN/A$398,0002,421 Sq.Ft.11/8/2024Rdrunner Rd49N/AN/A$311,5001,484 Sq.Ft.10/18/2024Rdrunner Rd Rural1N/AN/AN/AN/AN/ARedbud St3942$241,0531,549 Sq.Ft.2/6/2025Red Cloud Rd8N/AN/A$326,500N/AN/ARed Juniper Rd14N/AN/AN/AN/AN/ARedline Dr1N/AN/AN/AN/AN/ARed Rd9N/AN/AN/AN/AN/ARedwood Ct33N/A$266,6671,232 Sq.Ft.7/18/2022Redwood Loop4432$455,3412,126 Sq.Ft.4/4/2025Refinery Rd1N/AN/AN/AN/A12/16/2024Remington Rd8N/AN/A$332,6002,374 Sq.Ft.3/24/2014Remuda Rd444$370,2504,069 Sq.Ft.9/28/2023Rex St1742$342,6471,696 Sq.Ft.12/11/2024Riata Rd16N/AN/A$183,813777 Sq.Ft.12/13/2017Richard St4232$284,2861,566 Sq.Ft.4/11/2025Richey Ave1N/AN/A$284,0003,288 Sq.Ft.N/ARidgecrest Dr2043$381,6252,432 Sq.Ft.4/7/2025Ridge Rd3121$212,2411,150 Sq.Ft.5/16/2023Rincon St1532$220,4001,413 Sq.Ft.7/22/2020Ringtail Cir15N/AN/A$217,3331,075 Sq.Ft.9/20/2022Rio Arriba Rd832$326,2501,681 Sq.Ft.10/7/2024Rio Hondo5N/AN/A$278,7502,244 Sq.Ft.4/27/2017Rio Hondo Ave1N/AN/A$80,000N/AN/ARio Rd12N/AN/A$285,8331,207 Sq.Ft.10/26/2018Rivers2N/AN/AN/AN/AN/ARivers Hwy7N/AN/A$409,000N/A3/31/2025Riverside Dr22033$599,7883,188 Sq.Ft.5/5/2025Riverview St932$241,3331,750 Sq.Ft.5/24/2024Riverwalk Dr2N/AN/AN/AN/AN/ARiviera Ct1033$375,3002,204 Sq.Ft.1/17/2025Road Runner Ridge Rd4N/AN/A$390,0001,745 Sq.Ft.N/ARoberson Rd21N/AN/A$303,6672,802 Sq.Ft.12/16/2022Rock Dove Rd10N/AN/A$512,0004,362 Sq.Ft.N/ARocky Ln1032$229,3752,417 Sq.Ft.3/28/2025Roosevelt St18N/AN/A$186,3331,539 Sq.Ft.5/3/2023Rosedale St3032$199,3001,414 Sq.Ft.5/22/2025Rose St10822$288,3661,966 Sq.Ft.1/15/2025Ross St1131$208,1821,442 Sq.Ft.3/10/2025Rotary Dr10N/AN/A$899,5566,250 Sq.Ft.11/5/2024Roundup Rd3942$259,2821,464 Sq.Ft.6/6/2024Row For 2608 A/B Camp Ave For 26081N/AN/A$2,044,000N/A4/26/2023Royce Ln4N/AN/AN/AN/A9/1/2015Rr Rr3N/AN/A$400,333N/AN/ARubble Ln2N/AN/AN/AN/AN/A409 W Shelton AveArtesia, NM 88210
Estimated Value $249,000
Living Area 1,881 SqFt
Beds 3
Baths 2
Year Built 1965
Property Type Single Family
Ownership Type Individual
APN 4152099324370
Subdivision G R Brainard Redivision
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
1203 W Clayton AveArtesia, NM 88210
Estimated Value $168,000
Living Area 1,402 SqFt
Beds 3
Baths 2
Year Built 1955
Property Type Single Family
Ownership Type Individual
APN 4152099031444
Subdivision Fairacres (Blks 1 Thru 6)
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
910 W Chisum AveArtesia, NM 88210
Estimated Value $198,000
Living Area 1,296 SqFt
Beds 4
Baths 2
Year Built 1985
Property Type Single Family
Ownership Type Related
APN 4152098140456
Subdivision Chisum Add
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
1508 W Bullock AveArtesia, NM 88210
Estimated Value $194,000
Living Area 1,059 SqFt
Beds 3
Baths 2
Year Built 1986
Property Type Single Family
Ownership Type Individual
APN 4151099440332
Subdivision Murphy Addition
School District Artesia Public Schools
1801 S 17th StArtesia, NM 88210
Estimated Value $195,000
Living Area 1,208 SqFt
Beds 3
Baths 2
Year Built 1958
Property Type Single Family
Ownership Type Related
APN 4151100390091
Subdivision Plains Park
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
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
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
1509 S 21st StArtesia, NM 88210
Estimated Value $186,000
Living Area 1,344 SqFt
Beds 3
Baths 1
Year Built 1966
Property Type Single Family
Ownership Type Individual
APN 4151100239033
Subdivision Plains Park
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
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
1813 W Sears AveArtesia, NM 88210
Estimated Value $157,000
Living Area 1,569 SqFt
Beds 3
Baths 2
Year Built 1962
Property Type Residential General
Ownership Type Individual
APN 4151099320504
Subdivision Barnett
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