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.5/11/2025804 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
802 W Clayton AveArtesia, NM 88210
Estimated Value $314,000
Living Area 3,321 SqFt
Beds 4
Baths 3
Year Built 1951
Property Type Single Family
Ownership Type Related
APN 4152099211423
Subdivision Alta Vista #2 (Artesia-In)
School District Artesia Public Schools
2102 W Jacobs AveArtesia, NM 88210
Estimated Value $317,000
Living Area 1,870 SqFt
Beds 4
Baths 2
Year Built 2011
Property Type Single Family
Ownership Type Related
APN 4151100225110
Subdivision Jacobs Avenue Addition
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
810 W Grand AveArtesia, NM 88210
Estimated Value $133,000
Living Area 1,730 SqFt
Beds 2
Baths 1
Year Built 1950
Property Type Single Family
Ownership Type Individual
APN 4152099178123
Subdivision Artesia Imp Co
School District Artesia Public Schools
2005 W Mann AveArtesia, NM 88210
Estimated Value $231,000
Living Area 1,430 SqFt
Beds 3
Baths 2
Year Built 1980
Property Type Single Family
Ownership Type Related
APN 4151099245385
Subdivision West Acres #2
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
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
906 W Alvarado AveArtesia, NM 88210
Estimated Value $177,000
Living Area 1,064 SqFt
Beds 3
Baths 1
Year Built 1980
Property Type Single Family
Ownership Type Individual
APN 4152098151112
Subdivision Alvarez Addition
School District Artesia Public Schools
802 Carper DrArtesia, NM 88210
Estimated Value $339,000
Living Area 2,073 SqFt
Beds 4
Baths 2
Year Built 1951
Property Type Single Family
Ownership Type Related
APN 4152099205285
Subdivision Alta Vista Addition
School District Artesia Public Schools
912 S 6th StArtesia, NM 88210
Estimated Value $223,000
Living Area 1,781 SqFt
Beds 3
Baths 2
Year Built 1960
Property Type Single Family
Ownership Type Related
APN 4152099273381
Subdivision Hightower Redivision (Amended)
School District Artesia Public Schools
1805 W Hermosa DrArtesia, NM 88210
Estimated Value $208,000
Living Area 1,445 SqFt
Beds 3
Baths 1
Year Built 1950
Property Type Single Family
Ownership Type Individual
APN 4151100344009
Subdivision Plains Park
School District Artesia Public Schools
2408 W Mann AveArtesia, NM 88210
Estimated Value $455,000
Living Area 2,438 SqFt
Beds 4
Baths 2
Year Built 2016
Property Type Single Family
Ownership Type Related
APN 4151099109398
Subdivision West Acres #8 Lots 3 & 4 Replat
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
1508 Lolita CtArtesia, NM 88210
Estimated Value $292,000
Living Area 1,802 SqFt
Beds 4
Baths 2
Year Built 2014
Property Type Residential General
Ownership Type Corporate
APN 4151098404242
Subdivision Bowman Estates
School District Artesia Public Schools
1505 Northgate PlArtesia, NM 88210
Estimated Value $391,000
Living Area 3,090 SqFt
Beds 4
Baths 2
Year Built 2007
Property Type Single Family
Ownership Type Related
APN 4151098451482
Subdivision Northgate Addition Replat
School District Artesia Public Schools