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.5/2/20251706 W Washington AveArtesia, NM 88210
Estimated Value $272,000
Living Area 2,150 SqFt
Beds 2
Baths 2
Year Built 1985
Property Type Residential General
Ownership Type Trust
APN 4151099370239
Subdivision Abo
School District Artesia Public Schools
412 W Shelton AveArtesia, NM 88210
Estimated Value $149,000
Living Area 1,068 SqFt
Beds 3
Baths 1
Year Built 1955
Property Type Single Family
Ownership Type Individual
APN 4152099317353
Subdivision G R Brainard Redivision
School District Artesia Public Schools
1601 W Bullock AveArtesia, NM 88210
Estimated Value $309,000
Living Area 2,969 SqFt
Beds 3
Baths 2
Year Built 1994
Property Type Single Family
Ownership Type Individual
APN 4151099427349
Subdivision Murphy Addition Replat (Blks 17-22)
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
2502 W Ray AveArtesia, NM 88210
Estimated Value $353,000
Living Area 1,981 SqFt
Beds 4
Baths 2
Year Built 2024
Property Type Vacant Land General
Ownership Type Related
APN 4151099035330
Subdivision West Acres #10
School District Artesia Public Schools
2506 W Briscoe AveArtesia, NM 88210
Estimated Value $355,000
Living Area 1,911 SqFt
Beds 4
Baths 2
Year Built 2022
Property Type Single Family
Ownership Type Individual
APN 4151099032365
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
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
1101 W Runyan AveArtesia, NM 88210
Estimated Value $268,000
Living Area 2,059 SqFt
Beds 4
Baths 2
Year Built 1955
Property Type Single Family
Ownership Type Individual
APN 4152099080476
Subdivision Fairacres (Blks 1 Thru 6)
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
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
1110 W Yucca AveArtesia, NM 88210
Estimated Value $231,000
Living Area 1,792 SqFt
Beds 3
Baths 1
Year Built 1965
Property Type Single Family
Ownership Type Individual
APN 4152098058374
Subdivision Archer Addition
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
2512 W Briscoe AveArtesia, NM 88210
Estimated Value $341,000
Living Area 1,712 SqFt
Beds 3
Baths 2
Year Built 2023
Property Type Single Family
Ownership Type Individual
APN 4151099015375
Subdivision West Acres #10
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
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