Carlsbad, NM Home Values & Market Trends
Real estate market trends reflect that there have been 582 transactions over the past year in Carlsbad. The median value for residential home transactions that occurred over the previous year is $285,040. The number of current listings in Carlsbad is 347, and the percentage of properties for sale in the city is 347.00%. Carlsbad, NM currently has 23 properties in foreclosure, 5 bank owned properties, 2 properties headed for auction, and 347 properties for sale.
Carlsbad, NM Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 88220 | $ 285,040 $ 162/sqft |
Housing Market Summary for Carlsbad, NM
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $170K | $142.5K | -16.18% |
| Median Sold Price | $208K | $289.9K | 39.36% |
| Homes For Sale | 245 | 347 | 41.63% |
| Homes Sold | 276 | 399 | 44.57% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Carlsbad, NM
Browse Homes in Carlsbad, NM
Carlsbad home values range from $46,299 to $1,867,000. The median estimated value of a home in Carlsbad is $285,040. The median list price of a home is 154,250, and the total count of properties in the city is 790.
- Pre-ForeclosurePre-foreclosure homes account for 2.03% of all residential properties in Carlsbad, NM with 88220 containing 16 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Carlsbad, NM; of that zips, the estimated home value for pre-foreclosure homes ranges from $383,244 in 88220 to the lowest home value of $184,900 in 88220.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Carlsbad, NM ranges from the highest value of $267,233 in 88220 to the lowest value of $77,000 in 88220. Bank owned homes and properties account for 0.63% of properties in Carlsbad, NM. There is 1 zips within Carlsbad, NM; 88220 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions88220 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Carlsbad, NM. Auction homes and other auction properties account for 0.25% of all properties in Carlsbad, NM. There is 1 zips within Carlsbad, NM; of that zips, the median estimated home value for homes going to auction ranges from $437,175 in 88220 to the lowest value of $259,744 in 88220.
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More Real Estate Resources for Carlsbad, NM
Guide for Carlsbad, NM
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
