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City / Town Overview

Carlsbad, NM

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The Carlsbad, NM real estate market currently shows 164 active listings, with 68 pending sales. Homes are averaging 73 days on the market before going under contract.

Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 73 days on market compared to 43 days last year.

The median listing price has risen 5.1% year-over-year, from $345,000 to $362,500.

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Market Context

Market Context

Population: 39,809  ·  Density: 8.1/mi²  ·  Median household income: $79,809

Typical home value: $193,310  ·  Homeownership: 74.6%

Included Areas

Carlsbad: 88220, 88221

Area Map

Market Overview

Active Listings
164
⇧ 20.6% vs 136 last year
Pending
68
41% pending ratio
Median Price
$362,500
⇧ 5.1% vs $345,000 last year
Average Price
$418,431
⇧ 8.7% vs $385,117 last year
Days on Market
73
⇧ 69.8% vs 43 days last year

Price Per Square Foot

Median $/sqft
$188
⇧ 1.1% vs $186/sqft last year
Median Home Size
2,062 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %