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
E Of 1280 Gonzales St Of 12801N/AN/A$432,000N/AN/AE Of 1840 Emerald Ct1N/AN/A$348,000N/A8/6/2018E Of 2401 Oregon St2N/AN/A$303,500N/AN/AE Of 600 Muscatel Ave2N/AN/AN/AN/AN/AE Orchard Ln1N/AN/AN/AN/A4/11/2025E Ow 1625 Pecos Hwy1N/AN/A$364,000N/AN/AEsperanza2N/AN/A$817,000N/A6/7/2024Etcheverry Rd233N/A$239,0001,892 Sq.Ft.2/4/2025Etter St16N/AN/A$224,6671,384 Sq.Ft.1/31/2025Eunice St2432$209,6671,474 Sq.Ft.1/24/2025Evening Star Cir93N/A$293,6251,696 Sq.Ft.8/1/2019Fabian St17N/AN/A$260,7781,458 Sq.Ft.N/AFalling Star St932$301,2221,750 Sq.Ft.10/1/2023Farrell Dr2143$485,0003,004 Sq.Ft.10/23/2024Farris St11732$265,6671,127 Sq.Ft.9/24/2024Ferguson Rd5932$458,2262,466 Sq.Ft.3/20/2025Ferndale St2832$189,2861,414 Sq.Ft.3/28/2025Fiesta Dr17242$251,0352,069 Sq.Ft.5/15/2025Fifteenth St1N/AN/A$641,0001,120 Sq.Ft.N/AFifth St1N/AN/A$292,000196 Sq.Ft.1/11/2013Finch Dr1N/AN/AN/AN/A11/15/2019Fire Crown Cir7N/AN/A$204,0002,205 Sq.Ft.6/23/2023Firestone Ct732$328,0002,075 Sq.Ft.8/6/2024First St6N/AN/A$374,000N/A7/27/2022Flamingo Dr6N/AN/A$495,000N/A5/1/2025Fleetwood St43N/AN/A$291,4881,106 Sq.Ft.11/25/2024Florida1N/AN/A$312,000328 Sq.Ft.N/AFlorida St12221$240,6151,542 Sq.Ft.10/18/2024Foot Hill Rd1843$310,4443,278 Sq.Ft.8/12/2024Forehand Dr1N/AN/A$384,0002,230 Sq.Ft.N/AForni Rd153N/A$358,0001,490 Sq.Ft.8/5/2024Forrest Dr3232$202,033997 Sq.Ft.10/18/2024Fountain Dr2443$538,1763,404 Sq.Ft.4/8/2025Four Dinkus Rd2N/AN/AN/A504 Sq.Ft.5/26/2021Fourth St3N/AN/A$271,667N/AN/AFox St16421$194,53413,209 Sq.Ft.5/7/2025Francis St3722$214,4441,477 Sq.Ft.1/15/2025Franklin St82N/A$209,0001,298 Sq.Ft.3/1/2024Freedom Ln3N/AN/A$591,5003,562 Sq.Ft.8/3/2022Freeman Avenue Rural1N/AN/A$219,000N/AN/AFrijole Rd1N/AN/AN/AN/AN/AFront Moore Dr1N/AN/A$98,000N/AN/AFulbright222$262,5001,724 Sq.Ft.N/AGambel Quail Ct433$528,7503,341 Sq.Ft.12/7/2021Gamma St732$351,8573,126 Sq.Ft.9/12/2024Garden St125N/A$470,0001,953 Sq.Ft.9/7/2023Garter Snake Rd2N/AN/AN/AN/AN/AGartersnake Rd18N/AN/AN/AN/AN/AGavilan Rd25N/AN/AN/AN/A12/10/2024George Shoup Relief1N/AN/AN/AN/AN/AGeorge Shoup Relief Route2N/AN/AN/AN/A11/14/2017George Shoup Relief Route Rd3N/AN/AN/AN/A9/19/2024George Shoup Relief Rte7N/AN/A$290,0001,400 Sq.Ft.8/7/2023George St3N/AN/A$684,3332,191 Sq.Ft.6/11/2018Georgia St5031$187,8571,530 Sq.Ft.2/24/2025Gillock Rd5N/AN/A$231,5001,448 Sq.Ft.9/7/2021Glasier Dr1543$428,3573,343 Sq.Ft.10/30/2024Glendale St2832$189,5361,334 Sq.Ft.3/11/2025Gobbler632$259,000882 Sq.Ft.2/1/2022Goin Home1342$487,0772,282 Sq.Ft.5/13/2025Gomez5N/AN/A$312,2501,932 Sq.Ft.1/9/2012Gonzales St4N/AN/A$347,0001,976 Sq.Ft.4/4/2025Grandi Rd16533$413,5663,394 Sq.Ft.5/13/2025Grant St1432$305,9291,956 Sq.Ft.5/7/2022Grapevine Ct1143$537,9003,529 Sq.Ft.10/29/2021Grapevine Rd9N/AN/AN/A8,270 Sq.Ft.N/AGrassburr Ln25N/AN/A$399,6001,773 Sq.Ft.4/8/2024Gray Fox10N/AN/A$249,4441,099 Sq.Ft.2/24/2025Gray Oak Rd2N/AN/A$432,000600 Sq.Ft.N/AGrayston Rd853$305,3331,684 Sq.Ft.3/27/2025Grazer Ln1442$389,5712,208 Sq.Ft.5/9/2024Greene St27832$202,5802,002 Sq.Ft.5/16/2025Greer Dr8N/AN/A$331,5001,561 Sq.Ft.12/29/1993Guadalupe Ct834$506,2503,838 Sq.Ft.7/23/2024Guadalupe Ridge Rd14N/AN/AN/AN/AN/AGuadalupe St31132$298,0752,227 Sq.Ft.4/13/2025Gwenda Dr2432$463,8752,676 Sq.Ft.2/20/2025Gypsum Rd3N/AN/AN/AN/AN/AHacienda Ave183N/A$416,5711,682 Sq.Ft.9/27/2023Hackberry Ln9N/AN/A$267,0001,863 Sq.Ft.6/3/2024Hagerman St5221$233,5111,882 Sq.Ft.2/6/2023Halagueno St34232$215,8072,174 Sq.Ft.5/13/2025Haldeman Rd1N/AN/AN/A2,280 Sq.Ft.N/AHambone Heights Rd10N/AN/A$318,7781,888 Sq.Ft.N/AHamilton Pl1942$332,7781,894 Sq.Ft.11/18/2024Hamilton St8332$253,9142,834 Sq.Ft.4/8/2025Happy Valley Rd7522$279,9511,504 Sq.Ft.4/3/2025Happy Valley Rd Happy Valley Rd1N/AN/AN/AN/AN/AHappy Valley Rural Rd13N/AN/A$362,0005,287 Sq.Ft.11/18/2024Harding St17N/AN/A$251,8671,208 Sq.Ft.1/24/2025Harkness Rd325N/A$281,8332,450 Sq.Ft.5/9/2025Harmon Ln6432$250,0381,698 Sq.Ft.5/19/2025Harper St6N/AN/A$322,6671,648 Sq.Ft.11/18/2024Harroun Rd44N/AN/A$296,6004,354 Sq.Ft.3/5/2025Harvest Ln10N/AN/A$339,0001,984 Sq.Ft.11/28/2023Haston Rd7433$235,1821,780 Sq.Ft.4/4/2025Hawk Ln6N/AN/A$235,000756 Sq.Ft.N/AHays Dr3832$412,7111,880 Sq.Ft.5/8/2025H Bar Y Ranch Rd88N/AN/A$505,0006,282 Sq.Ft.9/3/2024Hedgehog Rd6N/AN/AN/AN/AN/A2402 W Briscoe AveArtesia, NM 88210
Estimated Value $349,000
Living Area 1,921 SqFt
Beds 3
Baths 2
Year Built 2024
Property Type Vacant Land General
Ownership Type Multiple
APN 4151099115338
Subdivision West Acres #10
School District Artesia Public Schools
404 S 20th StArtesia, NM 88210
Estimated Value $291,000
Living Area 4,176 SqFt
Beds 4
Baths 2
Year Built 1965
Property Type Single Family
Ownership Type Individual
APN 4151099229161
Subdivision Gunter Redivision
School District Artesia Public Schools
1703 W Washington AveArtesia, NM 88210
Estimated Value $222,000
Living Area 2,265 SqFt
Beds 3
Baths 2
Year Built 1986
Property Type Single Family
Ownership Type Related
APN 4151099379255
Subdivision Abo Replat Lt 35 Blk 2
School District Artesia Public Schools
2407 W Bullock AveArtesia, NM 88210
Estimated Value $392,000
Living Area 2,216 SqFt
Beds 4
Baths 3
Year Built 2020
Property Type Single Family
Ownership Type Multiple
APN 4151099102387
Subdivision West Acres #9
School District Artesia Public Schools
2008 W Clayton AveArtesia, NM 88210
Estimated Value $315,000
Living Area 2,531 SqFt
Beds 3
Baths 2
Year Built 1985
Property Type Single Family
Ownership Type Related
APN 4151099238426
Subdivision West Acres #1
School District Artesia Public Schools
707 W Monterrey WayArtesia, NM 88210
Estimated Value $553,000
Living Area 4,092 SqFt
Beds 6
Baths 3
Year Built 2018
Property Type Single Family
Ownership Type Related
APN 4152100224098
Subdivision Monterrey Way Estates
School District Artesia Public Schools
610 W Dallas AveArtesia, NM 88210
Estimated Value $71,000
Living Area 1,447 SqFt
Beds 2
Baths 1
Year Built 1940
Property Type Single Family
Ownership Type Individual
APN 4152099253199
Subdivision Artesia Imp Co
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
1306 W Dallas AveArtesia, NM 88210
Estimated Value $289,000
Living Area 1,713 SqFt
Beds 3
Baths 2
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 4151099504201
Subdivision Murphy Addition
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
2413 W Ray AveArtesia, NM 88210
Estimated Value $336,000
Living Area 1,867 SqFt
Beds 4
Baths 3
Year Built 2023
Property Type Single Family
Ownership Type Related
APN 4151099072332
Subdivision West Acres #10
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
1804 W Feather AveArtesia, NM 88210
Estimated Value $231,000
Living Area 1,400 SqFt
Beds 4
Baths 2
Year Built 1965
Property Type Single Family
Ownership Type Individual
APN 4151100346022
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
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
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