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
Modesta St2332$193,5221,197 Sq.Ft.11/27/2023Molinar Rd3632$370,4622,328 Sq.Ft.1/24/2025Monica Ln18N/AN/A$249,8462,328 Sq.Ft.2/8/2021Monroe St943$318,4442,145 Sq.Ft.11/13/2023Montana St2231$222,4091,192 Sq.Ft.1/15/2025Montclair Ct1N/AN/A$274,000N/A11/15/2019Montclair St2232$183,7271,620 Sq.Ft.4/29/2025Monterey St7632$261,1201,424 Sq.Ft.5/13/2025Monte Vista St7432$606,7971,696 Sq.Ft.3/5/2025Montgomery Ave152N/A$164,2141,215 Sq.Ft.3/19/2024Montview15N/AN/A$385,600N/AN/AMonument Ct2N/AN/A$2,100,0006,461 Sq.Ft.6/9/2022Moore Dr2331$252,6521,918 Sq.Ft.5/6/2024Mora St3032$237,6071,506 Sq.Ft.11/1/2024Morris Rd2243$295,4002,452 Sq.Ft.12/9/2024Mountain Shadow Dr7632$484,5262,084 Sq.Ft.5/13/2025Mountain View Dr10432$323,0291,866 Sq.Ft.4/1/2025Mulberry Ln2232$478,2002,582 Sq.Ft.3/10/2023Murray Dr2742$385,0002,092 Sq.Ft.5/12/2025Muscatel Ave8632$428,7872,603 Sq.Ft.4/10/2025Najar St1132$220,0002,151 Sq.Ft.3/2/2022Nash Draw Rd5N/AN/AN/AN/AN/ANational Livestock Rd54N/AN/A$267,0002,736 Sq.Ft.9/3/2024National Parks Highway Mile Marke 52N/AN/AN/AN/A9/16/2020National Parks Highway Rural19N/AN/A$367,0001,654 Sq.Ft.7/11/2018National Parks Hwy360N/AN/A$396,4482,389 Sq.Ft.4/1/2025National Parks Rd1N/AN/AN/AN/AN/ANational Parks Rural Hwy14N/AN/A$286,0004,780 Sq.Ft.8/5/2008Navajo Rd2N/AN/A$303,5001,686 Sq.Ft.1/30/2014Nelson St3231$244,3441,548 Sq.Ft.3/25/2025Nend Of Jones Rd Rural1N/AN/AN/AN/AN/ANetherlin Rd4N/AN/A$415,000N/A11/21/2023Nevada St5N/AN/A$211,750N/AN/ANgl Ln1N/AN/AN/AN/AN/ANichol104N/A$392,8571,840 Sq.Ft.5/26/2023Nicholas Rd1N/AN/AN/AN/AN/ANinth St3N/AN/A$174,000N/AN/AN Of 1609 Dark Canyon Rd1N/AN/AN/AN/AN/AN Of 3104 Yucca St1N/AN/A$373,000N/AN/AN Of 3412 Hidalgo Rd1N/AN/A$363,000N/AN/ANormandy St4732$186,7661,909 Sq.Ft.7/22/2024Norris Rd5032$253,8181,882 Sq.Ft.7/22/2024North Ave1632$177,0001,698 Sq.Ft.3/5/2024Nw Or 2710 Martin Ln1N/AN/AN/AN/AN/AOak St5632$204,0731,672 Sq.Ft.5/14/2025Oakwood Dr1743$489,7653,071 Sq.Ft.1/17/2025Ocotillo Canyon Dr4132$312,1032,285 Sq.Ft.4/30/2025Of East Greene St1N/AN/AN/AN/AN/AOf East Wood Ave1N/AN/AN/AN/A11/29/2017Of Guadalupe Ridge Rd1N/AN/AN/AN/AN/AOf Spyglass Dr1N/AN/AN/AN/AN/AOgden Rd31N/AN/A$326,3332,065 Sq.Ft.7/18/2024Ohio St36N/AN/A$183,6361,230 Sq.Ft.1/18/2024Old Cavern Hwy24232$309,7052,954 Sq.Ft.5/1/2025Old Post Rd6N/AN/AN/AN/A4/27/2023Ole Barn Ln1N/AN/AN/A5,115 Sq.Ft.4/1/2024Olive St13732$218,3241,391 Sq.Ft.5/12/2025Onsurez Rd44N/AN/A$322,0002,352 Sq.Ft.12/14/2024Opal St4N/AN/A$249,0001,481 Sq.Ft.12/12/2022Orange St1N/AN/A$126,000N/AN/AOrchard Ln21232$481,9615,602 Sq.Ft.4/22/2025Orchard Manor Ct843$474,3753,126 Sq.Ft.7/5/2023Oregon St10032$240,3231,362 Sq.Ft.11/13/2024Organ Pipe Rd24N/AN/A$211,3481,334 Sq.Ft.4/25/2023Ortega St16432$200,3001,796 Sq.Ft.4/30/2025Osborn Dr1N/AN/A$2,034,000N/AN/AOsborne Rd10N/AN/A$1,478,1003,081 Sq.Ft.11/3/2023Owens St3352$354,7881,268 Sq.Ft.5/9/2025Padre Ln1543$403,6432,161 Sq.Ft.5/15/2025Paisano St1332$275,6152,164 Sq.Ft.10/16/2023Palo Alto St2432$295,0002,287 Sq.Ft.7/19/2024Palomas Dr632$218,0001,616 Sq.Ft.5/13/2025Palo Verde Loop1442$412,3572,095 Sq.Ft.8/31/2022Pandanaram Ln3N/AN/A$305,6671,980 Sq.Ft.N/APapershell Rd1532$254,5331,565 Sq.Ft.10/23/2020Paradise Ranch Rd632$309,3333,640 Sq.Ft.10/30/2024Paris St1N/AN/A$322,0002,270 Sq.Ft.N/APark Dr27N/AN/A$249,688N/A7/22/2024Parker St9332$191,0541,001 Sq.Ft.4/22/2025Park St7N/AN/A$583,0002,124 Sq.Ft.9/7/2021Pate St9332$382,7501,693 Sq.Ft.3/12/2025Pat Garrett Ct2642$394,3852,128 Sq.Ft.4/25/2024Pat Garrett Rd7742$330,1302,054 Sq.Ft.4/3/2025Patricia Dr1643$448,7502,660 Sq.Ft.1/20/2023Patrick St52N/AN/A$179,2001,963 Sq.Ft.1/16/2025Peach Ln3542$463,3753,404 Sq.Ft.12/30/2024Peachtree St50N/AN/A$179,2401,436 Sq.Ft.12/27/2023Pearl St2432$257,4781,586 Sq.Ft.3/11/2023Pebble Hill Rd24N/AN/A$302,9132,318 Sq.Ft.11/23/2020Pecan St23N/AN/A$368,1301,772 Sq.Ft.4/22/2025Pecos Acres Dr232$379,5002,614 Sq.Ft.2/1/2021Pecos Highway Mile Marke 21N/AN/AN/AN/A2/25/2022Pecos Highway Rural1N/AN/AN/AN/AN/APecos Hwy224N/AN/A$338,2462,005 Sq.Ft.5/14/2025Pecos River Dr38N/AN/A$323,7302,588 Sq.Ft.N/APenasco St3N/AN/A$334,333N/AN/APenbrook Ct943$416,6002,416 Sq.Ft.7/31/2024Pepper Tree Cir2342$451,7832,864 Sq.Ft.11/21/2022Pepper Tree Ct542$485,6002,764 Sq.Ft.2/22/2023Pepper Tree Pl543$461,8003,064 Sq.Ft.6/24/20241208 S 15th StArtesia, NM 88210
Estimated Value $300,000
Living Area 1,770 SqFt
Beds 2
Baths 2
Year Built 2009
Property Type Single Family
Ownership Type Individual
APN 4151099461420
Subdivision Giles Subdivision
School District Artesia Public Schools
310 N 14th StArtesia, NM 88210
Estimated Value $179,000
Living Area 1,974 SqFt
Beds 3
Baths 1
Year Built 1986
Property Type Single Family
Ownership Type Individual
APN 4151098503443
Subdivision Buck Repl Blk 4 Replt Blks 1,2,3,4
School District Artesia Public Schools
1601 W Mann AveArtesia, NM 88210
Estimated Value $217,000
Living Area 1,530 SqFt
Beds 3
Baths 2
Year Built 1980
Property Type Single Family
Ownership Type Individual
APN 4151099426376
Subdivision Murphy Addition Replat (Blks 17-22)
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
2514 W Mann AveArtesia, NM 88210
Estimated Value $324,000
Living Area 1,758 SqFt
Beds 3
Baths 2
Year Built 2018
Property Type Single Family
Ownership Type Related
APN 4151099031431
Subdivision West Acres #8
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
1517 W Mahone DrArtesia, NM 88210
Estimated Value $429,000
Living Area 2,153 SqFt
Beds 4
Baths 3
Year Built 2018
Property Type Single Family
Ownership Type Individual
APN 4151098409426
Subdivision Mahone Blue Quail Phase #2
School District Artesia Public Schools
1504 S 21st StArtesia, NM 88210
Estimated Value $235,000
Living Area 1,575 SqFt
Beds 3
Baths 1
Year Built 1955
Property Type Single Family
Ownership Type Multiple
APN 4151100222013
Subdivision Plains Park (Amended) Blk 5-6-10 (Artesi
School District Artesia Public Schools
1901 W Sears AveArtesia, NM 88210
Estimated Value $271,000
Living Area 1,924 SqFt
Beds 4
Baths 2
Year Built 1955
Property Type Single Family
Ownership Type Related
APN 4151099295504
Subdivision Barnett
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
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
1807 W Centre AveArtesia, NM 88210
Estimated Value $382,000
Living Area 3,309 SqFt
Beds 4
Baths 4
Year Built 1960
Property Type Single Family
Ownership Type Related
APN 4151099339404
Subdivision Barnett
School District Artesia Public Schools
501 W Bullock AveArtesia, NM 88210
Estimated Value $244,000
Living Area 2,160 SqFt
Beds 3
Baths 2
Year Built 1950
Property Type Single Family
Ownership Type Individual
APN 4152099304337
Subdivision Hightower Blk 5-6
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
2215 W Grand AveArtesia, NM 88210
Estimated Value $320,000
Living Area 1,767 SqFt
Beds 3
Baths 2
Year Built 2008
Property Type Single Family
Ownership Type Related
APN 4151099110143
Subdivision Encantada Heights Sub Phase 1
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