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
Ruger Rd1N/AN/AN/AN/A11/21/2023Ruiz Rd9N/AN/A$296,2221,377 Sq.Ft.3/24/2020Russell St6532$296,7811,881 Sq.Ft.4/10/2025Rustic Dr3N/AN/AN/AN/A9/30/2023S & 230 Mc Kittrick Rd1N/AN/AN/AN/A10/23/2024S & 230 Mc Kittrick Rd & 2301N/AN/AN/AN/A10/23/2024S & 499 George Shoup Relief Loop & 4994N/AN/AN/AN/AN/ASacahuiste Ave2N/AN/A$345,000180 Sq.Ft.N/ASaddlehorn Rd1033$221,5001,689 Sq.Ft.2/5/2025Sage St4932$226,3881,689 Sq.Ft.2/25/2025Saguaro Dr4343$397,2332,087 Sq.Ft.3/21/2025Sakura Aly3N/AN/A$246,0002,220 Sq.Ft.11/25/2024Salazar Rd2942$331,3641,878 Sq.Ft.1/17/2025Salt Bush Rd4N/AN/AN/AN/AN/ASamoa Ct843$455,2503,157 Sq.Ft.4/11/2024Sandia St5432$208,5191,425 Sq.Ft.3/24/2025Sandoval Rd27N/AN/A$325,3331,493 Sq.Ft.12/27/2024Sandstone Ln343$529,6673,122 Sq.Ft.1/27/2025Sandy Ln3943$455,8283,678 Sq.Ft.5/3/2024Sandyridge Dr2932$198,7591,067 Sq.Ft.8/23/2024San Jose Blvd14422$313,92510,970 Sq.Ft.3/14/2025San Juan Mnr20N/AN/A$338,8501,775 Sq.Ft.N/ASan Miguel10N/AN/A$348,6672,178 Sq.Ft.5/25/2021Santa Rd1N/AN/AN/AN/AN/ASapien9N/AN/A$172,3333,374 Sq.Ft.N/ASapphire Dr1242$358,9171,962 Sq.Ft.12/12/2024Sarrah Ave2N/AN/A$348,0001,755 Sq.Ft.12/3/2009Sawbuck Rd1N/AN/A$238,000240 Sq.Ft.N/AS Canyon St10N/AN/A$190,500N/AN/ASchooner Rd1242$312,6671,930 Sq.Ft.4/11/2022S & E 499 George Shoup Relief Loop1N/AN/AN/AN/AN/ASeguine Rd1132$239,6361,137 Sq.Ft.3/24/2020Selman Ct4042$370,2751,922 Sq.Ft.4/24/2025Sena St1042$243,6001,569 Sq.Ft.6/29/2023Seneca Ln833$439,200263,113 Sq.Ft.7/14/2022Sentry Cir1243$543,0834,084 Sq.Ft.8/21/2024Se Of 504 Dark Canyon Rd1N/AN/AN/AN/AN/ASeven Rivers Hwy45N/AN/A$344,3892,185 Sq.Ft.5/6/2025Seventh St1N/AN/A$357,000N/AN/ASeville Loop1332$274,6921,940 Sq.Ft.5/7/2024Shaw St6931$238,9821,804 Sq.Ft.2/25/2025Shelia St1N/AN/AN/AN/A4/11/2024Shepherd1N/AN/A$121,000N/AN/AShepherd St1N/AN/A$270,0002,508 Sq.Ft.1/3/2018Shore Dr223N/A$815,3814,379 Sq.Ft.4/24/2025Shugart Rd43N/AN/A$427,0002,690 Sq.Ft.12/18/2024Sierra Rd13N/AN/A$281,1251,465 Sq.Ft.8/12/2020Sierra Vis5N/AN/A$915,200N/AN/ASierra Vista Dr29N/AN/A$822,2863,068 Sq.Ft.5/12/2025Singletree Rd6522$207,5871,256 Sq.Ft.5/1/2025Sioux6232$356,6131,807 Sq.Ft.4/22/2025Sitting Bull Falls Rd47N/AN/AN/AN/A9/3/2024Sitting Bullfalls Rd1N/AN/AN/AN/AN/ASixth St1N/AN/AN/AN/AN/ASkinner Rd14N/AN/A$355,0002,928 Sq.Ft.10/8/2024Skyline Cir9N/AN/A$834,88912,921 Sq.Ft.4/3/2023Skyline Dr3N/AN/AN/AN/AN/ASkyline Rd2N/AN/A$807,500N/AN/AS Lake Rd5N/AN/A$411,000N/A5/3/2024Smedey Rd Rural1N/AN/AN/AN/AN/ASmedley Rd8032$330,9832,484 Sq.Ft.10/10/2024Smedley Rural Rd2N/AN/AN/AN/AN/ASocorro Rd1622$264,2671,356 Sq.Ft.6/30/2017S Of 1707 Pecos Hwy1N/AN/A$408,000N/A2/12/2018S Of 317 Queens Hwy1N/AN/AN/AN/AN/ASolana Rd9532$317,9681,579 Sq.Ft.3/5/2025Solomons Ct743$316,2862,597 Sq.Ft.4/3/2024Soper St2831$233,1791,532 Sq.Ft.9/24/2024Sosa St12N/AN/A$273,8181,414 Sq.Ft.10/19/2023South Ave4N/AN/A$216,5001,401 Sq.Ft.11/25/2024Southern Sky St1932$315,5001,970 Sq.Ft.5/18/2022Southfork Rd5332$323,5291,724 Sq.Ft.4/23/2025Southwind Rd7N/AN/A$366,4002,252 Sq.Ft.10/10/2024Spencer St2931$343,1791,530 Sq.Ft.9/16/2024Spring Farm Pl443$456,2502,665 Sq.Ft.6/25/2020Spring St3032$314,3672,007 Sq.Ft.6/27/2024Spruill Dr1432$236,0002,159 Sq.Ft.1/12/2023Spyglass Dr2333$291,3041,926 Sq.Ft.8/28/2024St 226 Plum St1N/AN/A$263,000N/AN/AStagner Dr833$406,3753,195 Sq.Ft.4/26/2023Standpipe Rd23642$330,3093,198 Sq.Ft.12/20/2024Stevens St11632$179,6491,877 Sq.Ft.5/7/2025Stormy Ln12N/AN/A$275,6251,826 Sq.Ft.2/27/2006Sunnyview Ave9332$349,5981,999 Sq.Ft.4/11/2025Sunnyview St4332$299,5581,719 Sq.Ft.6/17/2024Sunrise Rd1N/AN/AN/AN/AN/ASunset Cir5N/AN/A$196,2001,229 Sq.Ft.4/7/2025Sunset Garden Dr7N/AN/A$235,3331,904 Sq.Ft.12/13/2022Sunwest Ln20N/AN/A$178,3331,245 Sq.Ft.N/ASwan Ct7N/AN/AN/AN/AN/ASweetwater Rd7N/AN/A$336,2861,680 Sq.Ft.N/ASwigart St1622$209,6671,365 Sq.Ft.10/11/2017Sycamore St13N/AN/A$304,8461,762 Sq.Ft.7/9/2020Tagwood2N/AN/A$384,000N/AN/ATagwood Ln4642$382,2222,675 Sq.Ft.2/12/2025Tampico St582N/A$317,5611,420 Sq.Ft.4/9/2025Tanoa Dr4N/AN/A$377,6672,567 Sq.Ft.7/24/2023Tanoan Ct1033$304,0002,212 Sq.Ft.7/31/2024Tansill St10732$228,0001,478 Sq.Ft.5/28/2025Taos St4232$362,0712,254 Sq.Ft.1/29/2024801 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
1405 S Runyan AveArtesia, NM 88210
Estimated Value $312,000
Living Area 2,179 SqFt
Beds 4
Baths 3
Year Built 2008
Property Type Single Family
Ownership Type Related
APN 4151099487473
Subdivision Barnett
School District Artesia Public Schools
2407 W Mann AveArtesia, NM 88210
Estimated Value $380,000
Living Area 1,807 SqFt
Beds 4
Baths 2
Year Built 2017
Property Type Single Family
Ownership Type Individual
APN 4151099108413
Subdivision West Acres #8
School District Artesia Public Schools
1009 W Hermosa DrArtesia, NM 88210
Estimated Value $271,000
Living Area 2,607 SqFt
Beds 4
Baths 1.5
Year Built 1947
Property Type Single Family
Ownership Type Related
APN 4152100093016
Subdivision Sharp Re-Division
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
902 W Catalina DrArtesia, NM 88210
Estimated Value $153,000
Living Area 1,197 SqFt
Beds 2
Baths 1
Year Built 1955
Property Type Single Family
Ownership Type Individual
APN 4152100166033
Subdivision Artesia Estates
School District Artesia Public Schools
901 W Catalina DrArtesia, NM 88210
Estimated Value $280,000
Living Area 1,682 SqFt
Beds 3
Baths 2
Year Built 1960
Property Type Residential General
Ownership Type Related
APN 4152100172047
Subdivision Artesia Estates
School District Artesia Public Schools
1802 W Briscoe AveArtesia, NM 88210
Estimated Value $142,000
Living Area 3,191 SqFt
Beds 3
Baths 2
Year Built 1962
Property Type Single Family
Ownership Type Individual
APN 4151099359305
Subdivision Abo
School District Artesia Public Schools
2408 W Briscoe AveArtesia, NM 88210
Estimated Value $337,000
Living Area 2,031 SqFt
Beds 4
Baths 2
Year Built 2022
Property Type Single Family
Ownership Type Related
APN 4151099095340
Subdivision West Acres #10
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
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
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
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
2503 W Bullock AveArtesia, NM 88210
Estimated Value $339,000
Living Area 1,740 SqFt
Beds 3
Baths 2
Year Built 2018
Property Type Single Family
Ownership Type Related
APN 4151099053407
Subdivision West Acres #9
School District Artesia Public Schools
1607 W Mahone DrArtesia, NM 88210
Estimated Value $392,000
Living Area 2,133 SqFt
Beds 3
Baths 2
Year Built 2016
Property Type Single Family
Ownership Type Individual
APN 4151098345426
Subdivision Mahone Blue Quail
School District Artesia Public Schools
2105 W Currier AveArtesia, NM 88210
Estimated Value $170,000
Living Area 1,428 SqFt
Beds 3
Baths 2
Year Built 1986
Property Type Single Family
Ownership Type Related
APN 4151100227098
Subdivision Plains Park (Amended) Blk 5-6-10 (Artesi
School District Artesia Public Schools