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Carlsbad, NM Real Estate

Carlsbad is a city in Eddy County, New Mexico with a population of about 31,813. The median home value is near $187,900, and median rent runs around $1,206/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$187,900
Median Rent
$1,206/mo
Population
31,813
Median Income
$78,277
Median Age
37.4
Homeownership
71.9%

Monthly payment on a median Carlsbad home

Example for a $187,900 home: 20% down, 30-yr at ~6.75%, NM property tax ~0.67%, 0.4% insurance.

Est. monthly (PITI)
$1,143
Principal & interest
$975
Property tax / mo
$105
Down payment (20%)
$37,580

Carlsbad at a glance

  • 12.5% of residents 25+ hold a bachelor's degree or higher.
  • 71.9% of occupied homes are owner-occupied.
  • Median household income is $78,277.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

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