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Carlsbad, NM

Full City Profile · New Mexico · Eddy County County

3.2 /5.0
B Good
31,813 Population 1,005/sq mi density
$78,277 Median Income $37,755 per capita
$187,900 Home Value $242,280 Zillow
$1,206 Median Rent 24.3% income on rent
64°F Avg Temperature 330 sunny days/yr
510 Violent Crime/100K 4,376 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$78,277 median income, 2.7% unemployment
A+
Affordability
5.0 / 5.0
$187,900 home value, $1,206/mo rent
F
Safety
1.0 / 5.0
510 violent crimes/100K (34% above avg)
C+
Education
2.6 / 5.0
20.3% bachelor's degree or higher

Housing Overview

Median Home Value
$187,900
33% below
US avg: $281,900
Median Rent
$1,206/mo
4% above
US avg: $1,163/mo
Homeownership Rate
71.9%
10% above US avg (65.4%)
Total Housing Units
13,714
Median year built: 1969

Home Value by Source

Census Median
$187,900
Zillow (ZHVI)
$242,280
Median Sale Price
$339,000
Median List Price
$285,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

71.9%
Owner-Occupied
28.1%
Renter-Occupied
72%
28%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$828/mo
1 Bedroom
$927/mo
2 Bedroom
$1,129/mo
3 Bedroom
$1,496/mo
4 Bedroom
$1,758/mo
Census median rent: $1,206/mo · Zillow rent: $1,653/mo

Market Indicators (Redfin)

Median Days on Market
48 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
29
Price Drops
16.2%
of listings with price reduction
Price Per Sq Ft
$197
Active Inventory
99
homes for sale

Affordability & Housing Stock

Rent Burden
24.3%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
71.9%

Complete Housing Data

Home Values

Census Median Value$187,900
Zillow Home Value (ZHVI)$242,280
Median Sale Price$339,000
Median List Price$285,000
Price Per Sq Ft$197

Rent

Census Median Rent$1,206
Zillow Rent (ZORI)$1,653
FMR Studio$828
FMR 1-Bedroom$927
FMR 2-Bedroom$1,129
FMR 3-Bedroom$1,496
FMR 4-Bedroom$1,758

Market

Days on Market48
Sale-to-List Ratio0.0%
Price Drops16.2%
Homes Sold29
Active Inventory99
Price Per Sq Ft$197

Ownership & Stock

Owner-Occupied71.9%
Renter-Occupied28.1%
Homeownership Rate71.9%
Total Housing Units13,714
Median Year Built1969
Rent Burden24.3%