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Housing in Carlsbad

444 homes sold in Carlsbad in the last year, at a typical $323K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Carlsbad homes are listed.

Homes sold
444
June 2025 to May 2026
Typical sale price
$323K
median, weighted by sales
Price per square foot
$190
New Mexico $219
Paid vs. asking
76.8%
0% sold over asking
For sale now
85
May 2026 · 37 sold that month
What sold · last 12 months

Houses are 98% of Carlsbad’s sales, at a typical $324K

444 homes sold in the year to May 2026.

Houses$324K

typical sale · 436 sold in 12 months

Per square foot
$191NM $212
Days to sell
33
Sold over asking
0%
Listings with a price cut
19%
Fewer sales

Multi-family (2–4 units): 3 sold, typical $623K
Townhouses: 1 sold, typical $290K
Condos: 4 sold, typical $124K

Too few sales in 12 months for reliable figures.

13 years of sales

About as many homes sell as usual, at twice the 2016 price

444 sales in the last year, against 486 in 2018 and a low of 287 in 2014. The typical sale went from $168K in 2016 to $323K.

Homes soldTypical sale price
0125250375500$175K$250K$325K$400K2013: 292 sold, typical $142K’132014: 287 sold, typical $152K2015: 326 sold, typical $177K’152016: 331 sold, typical $168K2017: 415 sold, typical $182K’172018: 486 sold, typical $196K2019: 451 sold, typical $221K’192020: 486 sold, typical $249K2021: 410 sold, typical $235K’212022: 409 sold, typical $238K2023: 394 sold, typical $256K’232024: 437 sold, typical $308K2025: 442 sold, typical $306K’25Last 12 months: 444 sold, typical $323KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Carlsbad

Houseat $191 a sq ft
The same money in New Mexicoat $212 a sq ft

Is this asking price fair?

Check a listing against what Carlsbad homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 13 years of sales

Bidding wars in Carlsbad are back to pre-pandemic levels, but 39% fewer homes come up for sale

We read every month of Carlsbad’s home sales since 2013 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 444 sales.

If you’re buying in Carlsbad

  • Shop in March. It brings about 44 new listings a month, close to the busiest month, with fewer bidding wars (0% over asking).
  • Offer under asking. Buyers paid 76.8% of the list price on average; 0% paid over.
  • You’ll usually have time. Only 37% of homes go under contract within two weeks; the typical one takes 34 days.
Best time to buy

Winter brings both the most homes and the most bidding wars

January has the most new listings (about 52 a month), but February is the most competitive: 1% of February sales close over asking. March offers nearly as much choice with fewer homes bid up (0%). March has the least competition (0%).

New listings a monthShare sold over asking
013.827.541.3557%13%20%Sweet spotJan: 52 new listings a month, 1% sold over asking, 92 days to sellJFeb: 30 new listings a month, 1% sold over asking, 85 days to sellFMar: 44 new listings a month, 0% sold over asking, 86 days to sellMApr: 37 new listings a month, 0% sold over asking, 81 days to sellAMay: 36 new listings a month, 0% sold over asking, 73 days to sellMJun: 36 new listings a month, 0% sold over asking, 73 days to sellJJul: 41 new listings a month, 0% sold over asking, 71 days to sellJAug: 38 new listings a month, 0% sold over asking, 65 days to sellASep: 35 new listings a month, 0% sold over asking, 68 days to sellSOct: 35 new listings a month, 0% sold over asking, 76 days to sellONov: 30 new listings a month, 0% sold over asking, 84 days to sellNDec: 22 new listings a month, 0% sold over asking, 74 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like New Mexico as a whole

Carlsbad now2017–192021 peakNM now
Sold over askingShare of sales that closed above the list price0%0%0%3%
Gone within two weeksShare of homes under contract within 14 days37%1%1%26%
Listings with a price cutShare of homes for sale that cut their price20%——21%
Price paid vs. askingAverage sale price ÷ list price76.8%95.7%97.6%96.5%
Days to sellMedian days from listing to contract34827764
Supply

90 homes for sale on a typical day

That’s 1.5 times the 2014 low (60), 39% fewer than in 2017–19 and well under 2019’s 206.

2013: 124 for sale’132014: 60 for sale2015: 101 for sale2016: 138 for sale’162017: 133 for sale2018: 108 for sale2019: 206 for sale’192020: 118 for sale2021: 151 for sale2022: 131 for sale’222023: 110 for sale2024: 89 for sale2025: 87 for sale’25Last 12 months: 90 for saleNow
Room to negotiate

1 in 5 listings has cut its price

20% in the last year, against — in 2017–19 and 21% across New Mexico.

2022: 9%’222023: 12%2024: 17%2025: 19%’25Last 12 months: 20%Now
Prices by type

Since 2019, houses are up 46%, condos -41%

A house typically sold for $324K in the last year (436 sales), a condo for $124K (4).

$175K$250K$325K$400K2013201520172019202120232025NowHouses 2013: $144K, 288 salesHouses 2014: $155K, 278 salesHouses 2015: $178K, 323 salesHouses 2016: $169K, 330 salesHouses 2017: $183K, 406 salesHouses 2018: $196K, 485 salesHouses 2019: $222K, 442 salesHouses 2020: $253K, 478 salesHouses 2021: $237K, 406 salesHouses 2022: $239K, 400 salesHouses 2023: $259K, 385 salesHouses 2024: $308K, 423 salesHouses 2025: $310K, 434 salesHouses last 12 months: $324K, 436 salesHouses $324KCondos 2019: $212K, 4 salesCondos 2023: $134K, 4 salesCondos 2024: $189K, 7 salesCondos 2025: $130K, 5 salesCondos last 12 months: $124K, 4 salesCondos $124K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across New Mexico

Carlsbad ranks 15th of 24 busy New Mexico markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Carlsbad is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2013 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Carlsbad home costs about $1,829 a month

Mortgage
Property tax
Insurance
Rent

Price: Carlsbad’s typical sale, last 12 months. Property tax at Carlsbad’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Carlsbad is affordable on local pay is on Cost of living.

Before you buy in Carlsbad

Six things worth knowing

52

New listings in January

The month with the most choice. December has the fewest, about 22.

Best time to buy
0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $323K home, about $1,720 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Carlsbad, from test results, graduation and how much students grow.

Schools in Carlsbad
22 min

Typical commute

The average one-way trip to work for people who live in Carlsbad.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Carlsbad, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Carlsbad. People who follow the town see it, and so do people comparing Carlsbad with their own town. No commission, no listing fee.

Questions about buying a home in Carlsbad

What do homes sell for in Carlsbad, NM?

444 homes sold in the year to May 2026 at a typical $323K, $190 a square foot.

Is Carlsbad a buyer’s or seller’s market?

A seller’s market: 85 homes were for sale in May 2026 and 37 sold, about 2.3 months of supply. Buyers paid 76.8% of asking on average, and 20% of listings cut their price.

When is the best time to buy in Carlsbad?

January brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Carlsbad?

About 0.5% of a home’s value a year. On a $323K home that’s near $1,720.

Where can I see homes for sale in Carlsbad?

Zillow, Redfin, Realtor.com and Homes.com all carry Carlsbad’s MLS listings; the search links above open each one filtered to Carlsbad.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).